Posted on Wednesday, April 1st, 2020 in by Matt Garmony
Australian Property Institute (API) State of Crisis/State of Emergency Declaration
Effective 8am AEST Monday 30 March 2020, the API Board has declared a State of Crisis/State of Emergency in accordance with the API Valuation Protocol – Guidelines For API Declared Time Of Crisis and/or State Of Emergency Impacting Physical Inspections Of Real Property dated 29 March 2020.
A copy of this Valuation Protocol is attached for consideration by all API members and stakeholders. We have also attached a copy of the ‘Australian Banking & Finance Industry (ABFI) “ADDENDUM Special Instructions Residential Valuations Standing Instructions – API Declared Crisis/State of Emergency”‘
This decision has been made recognising the evolving COVID-19 health, economic and employment crisis in Australia.
Copies of the Valuation Protocol, supporting documentation and member resources will be available at www.api.org.au
The Licensed Valuers at Garmony Property Consultants will be adopting the API protocols during the COVID-19 crisis to protect their valuers, staff and their clients. For more information of the protocols and procedures our Licensed Valuers will be implementing as part of the valuation process, please click here. If you have any further queries, please do not hesitate to contact one of our licensed valuers or valuation admin staff by phone or by clicking here.