| MEMBERSHIP RULES |
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ASSOCIATION OF GREEK VALUERS
MEMBERSHIP RULES
1. Introduction
According to A.Va.G.'s By-Laws (article 4), the
Association's members fall into the following categories:
- Regular members, i.e. persons exercising the
profession of valuer and engaging on a regular, professional basis in preparing
valuations, having the necessary formal and actual qualifications as instituted
by the Association, and accepting the Association's operating principles and
Code of Conduct.
- Junior members, i.e. those that have the
necessary formal qualifications but lack the required experience, and accept
the Association's operating principles and Code of Conduct.
- Honorary members, i.e. persons who have
provided excellent service to A.Va.G., the State, society, and have contributed
to the advancement of the Science of Valuation in
The present Rules set out the formal and actual
qualifications and the procedure for admitting regular members to A.Va.G.; they
must be read in conjunction with the Association's By-Laws.
2. FORMAL QUALIFICATIONS
2.1. A.Va.G.'s junior and regular members must
hold a degree of a higher education institution (Greek, or foreign but
recognised by the Greek Govt. as equally ranked) comprising a course of at
least three years, in the following disciplines:
- Technical/Technology-oriented Sciences
(engineers of various grades)
- Financial/Legal-oriented Sciences
- Valuation Science
2.2. A.Va.G.'s regular members holding a
Technical - Technology degree must have a basic knowledge of the economic sciences,
to be acquired by completing successfully a special seminar provided by A.Va.G.
or an entity recognised by A.Va.G. (e.g. EL.I.E.) and to be certified by a
diploma granted after the candidate has sat successfully for an examination on
the curriculum.
2.3. A.Va.G.'s regular members holding a degree
in Economics - Law must have a basic knowledge of technical-technology issues
concerning the object of their valuations (real estate assets), to be acquired
by completing successfully a special seminar provided by A.Va.G. or an entity
recognised by A.Va.G. (e.g. EL.I.E.).
2.4. A.Va.G.'s regular members must also be
members of a professional certification body operating in
2.5. Junior members having the formal
qualifications of para. 2.1 must also acquire the formal qualifications of
paras. 2.2, 2.3 and 2.4 in order to upgrade their status in A.Va.G. to that of
a regular member.
3. ACTUAL QUALIFICATIONS
The actual qualifications of candidates for
A.Va.G. membership must combine their academic, formal qualifications and their
professional experience, as shown in the table below:
* Concurrent membership of a recognised
international professional certification entity (e.g. RICS or ASA) reduces the
above terms by 1 year.
Note that the period of continuous work in
generating valuations will be certified:
- for those employed on a permanent (salaried)
basis , by testimonials by their
employers;
- for free-lance professionals, either by
testimonials by their principals/employers or by copies of ratified
invoices-receipts indicating the candidate's engagement in producing
valuations.
4. INTERIM PROVISIONS
During the first five (5) years of A.Va.G.'s
operation the Association will accept for registration members having academic
titles of higher or post-graduate education in the disciplines of para. 2.1 and
the practical experience of section 3. Such members must, within 3 years from
their registration with A.Va.G., attend the seminars described in paras. 2.2
and 2.3.
5. CASE-FILE DOSSIERS
A.Va.G. members must maintain personal dossiers
of the cases they undertake, using the form of Appendix A.
They must submit this dossier to A.Va.G. if so
requested.
6. CUSTOMER COMPLAINT FILE
A.Va.G. members must maintain a file of the
complaints they receive, whether verbally (using the form given in Appendix B)
or in writing. The file must also document the actions undertaken by the member
towards rectifying the Customer's Complaint. This file must be submitted to
A.Va.G. if so requested.
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