Australian Property Institute

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Logo of the Australian Property Institute.

The Australian Property Institute (API) is a professional industry body representing residential, commercial and plant and machinery valuers, analysts, fund managers and property lawyers.

The API was originally formed in 1927 as the Commonwealth Institute of Valuers. [1] Many[ who? ] Australian financial institutions require property professionals who carry out mortgage valuation work to be members of the API. [2]

The Commonwealth Institute of Valuers had 3225 members in 1972. [1]

The API provides certifications to its members reflecting their specific field of expertise. Such Certifications are required by some Australian States to practice in the specific field. These Certifications are:

API publications include The Australia & New Zealand Property Journal , the Professional Practice Manual and Valuation Principles and Practices.

Members of the Institute are bound by a code of ethics, rules of conduct, and professional practice standards. The API has reciprocity agreements with the following bodies

These reciprocity agreements provide API members with portable skills and qualifications allowing them to practice throughout the world.

The National Office of the Australian Property Institute is located at 3/60 York Street, Sydney NSW 2000.

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References

  1. 1 2 "Untitled". The Sydney Morning Herald . July 17, 1972. p. 31. Archived from the original on January 22, 2024. Retrieved January 22, 2024 via Newspapers.com.
  2. Unlocking Property Value: Tips from Valuers