|
Here are our initial plans on the licensing requirements for Valuers.
- Valuations will be illegal unless conducted by a Registered Valuer who works at a Licensed Valuation company.
- The first stage is for the company to get the correct trade license (via RERA/DED) for Property Valuation. This will then allow the company to sponsor staff etc.
- The second stage then would be for the Valuers in that company to register directly with Taqyeem to become Registered Valuers in the Emirate of Dubai.
- Please note that Valuations are the opinions of the Valuers that prepare them, and as thus, reports should always be signed by the
Valuer(s) preparing them. Any report signed with a company name only shall be considered null and void and the company will be liable
for investigation/penalty.
|