Statistics Act, 1999
R 385
Property Valuers Profession Act, 2000 (Act No. 47 of 2000)Board NoticesGuideline Professional Fees determined in terms of section 35(2) of the Act3.0 Rental Valuations |
|
Gross Annual Rental (GAR) |
Tariff |
|
Up to R15 000 |
R270 per R1 000 of GAR |
|
R15 000 to R50 000 |
R4 050 plus R30 per R1 000 of GAR over R15 000 |
|
Over R50 000 |
R5 100 plus R7.50 per R1 000 of GAR over R50 000 |
NOTES:
| 1. | In addition to the above tariff a fee based on the rate set out in 2.1 may be charged for necessary investigations and research. |
| 2. | The fee per rental determination should not be less than R1 600. |
| 3. | Any additional work done at the time of valuation on instruction of the client to establish future rentals should be charged at the rate set out in 2.1. |
