فن وعلم تقدير قيمة حقوق الملكية العقارية، لأصل محدد وغرض محدد وفي وقت محدد ولمستخدمين محددين، مع الأخذ بالحسبان جميع خصائص وسمات العقار محل التقييم، وجميع العوامل الاقتصادية الأساسية للسوق، ويشمل ذلك جميع المصالح، والحقوق، والالتزامات المتعلقة بملكية العقارات بكل التحسينات المثبتة عليها بشكل دائم، والملحقات التابعة المرتبطة بها.
Buying and selling
Financing
Liquidation
Mergers and acquisitions
Mortgage
Inheritance and dispute resolution
To be legally competent
To be of good conduct and has never been convicted by a final court judgment of a crime involving a breach of honour or public trust unless rehabilitated
All data, documents, and forms required by the Authority shall be attached with the membership application
Paying annual membership fees.
Membership Requirements:
- Requires the individual to hold a university degree
in one of the specialties recognized by the authority
from one of the recognized universities. - Must be of Saudi nationality.
- Must pass the first level of the Business valuation Fellowship exams.
Membership Requirements:
- Requires the individual to hold a university degree in one of the specialties
recognized by the authority from one of the recognized universities. - Must be of Saudi nationality.
- Applicant must not exceed 25 years of age.
Membership Requirements:
- Requires the individual to obtain a Fellowship certificate in the Business Valuation
sector. - Must hold a university degree in one of the specialties recognized by the authority from one of the recognized universities.
- Must register 2000 hours of experience on the electronic portal.
- To hold a university degree in one of the approved specialties according to each branch of valuation,
as determined by the Membership Regulations of the Authority,
unless exempted as one of the basic exempted members under Article (40) of the regulations. - Pass all fellowship certification exams according to each valuation sector.
- Complete the required experience hours to obtain the Fellowship Certificate.
Hours of experience consist of direct hours and indirect hours.
Direct experience hours denotes hours from result from carrying out valuation work, and are calculated through valuation reports,
while hours of indirect experience are those that result from supervising the work of valuators,
or performing work related to valuation. It is calculated in years of experience.
To obtain the fellowship certificate,
at least (3000) hours of experience must be registered in the member’s account in e-services portal,
provided that at least 50% of hours of professional practice are gained from valuation work.
Fully eligible
Saudi nationality
Holder of a Fellowship certificate
Basic member of the Authority
Good conduct and behavior, not convicted of a Sharia legal limit or a crime involving honor or trust unless rehabilitated.
The following conditions are required for
whoever is granted a license:
- Must hold a valid basic membership.
- Must be registered in the record.
- Must provide the Authority with the required data, documents, and forms along with the license application.
- Must pay the financial fee for the license.
- Work according to valuation standards provided by Taqeem.
- Work or train in a licensed valuation firm according to a valid contract.
- Sign all reports and works in which the member participated.
- The member shall not provide valuation service to more than one client for the same asset except after obtaining the written consent from all clients.
- Present membership and accredited valuer license of the person or firm they work for when carrying out any valuation work.
- Commit to maintain the validity of membership while working at the valuation firm.
- To practice the profession in accordance with the provisions and rules regulating the valuation profession.
- To practice the profession through the valuation firm.
- To enable the Authority or its representative to exercise its authorized tasks in the professional
performance quality supervision and detect violations. - To indicate, when signing valuation reports, the type of sector licensed to practice the profession and its
basic membership category. - To sign all the reports he issues in accordance with Article (14) of the Law and ensure that all
participants in the preparation of the report from its subordinates in the firm sign the report.
Anyone who performs inspection or makes economic or financial and similar studies related to determining the
value of the asset subject to valuation shall be deemed to have participated in the preparation of the
report. - All valuation reports issued by the valuer shall be in Arabic, and another language may be used if the
approved valuer agrees with the client on the same, provided that the approved valuer shall provide the
Authority or any of the competent official authorities with a certified copy of his report in Arabic upon
request. - Make an integrated work file for each final valuation report issued by him, including written reports,
correspondences, notes, documents, information, data, inspections, sources, used methods, analysis,
calculations, and a statement of all actions taken to support and confirm the validity of the valuation
result. - Place a plaque on the headquarters and branches (if any) of the valuation firm to indicate the practice of
the profession, provided that such a plaque shall meet the conditions and requirements set by the Authority
in this regard. - All valuers and anyone participating in preparing the valuation report in the valuer’s firm shall hold a
valid membership, and work under the valuer’s supervision and responsibility in accordance with legal
employment contracts, and shall be registered in the firm’s account, while ensure that their memberships in
the Authority shall be renewed before expiration.However, the same shall not be prejudice to the special controls -as
adopted by the Council- that exclude some of the provisions of this paragraph in a way that does not conflict with legal
and professional requirements. - To project his membership and license when undertaking any valuation works , including site
work such as inspection and others, and ensure that all his employees adhere to the provisions of this
paragraph. - To observe the provisions of Labor Law, the regulations thereof, and relevant circulars and decisions.
- Contributing to train associate and student members as arranged by the Authority.
- To renew his membership in the Authority and his professional license before expiration.
All partners are required to this obligation if the approved valuer is a legal person. - To adhere to the rules and instructions made by the Authority to regulate the approved valuer’s work in a valuation firm other than the valuer’s own firm.
- To adhere to the minimum stated in the valuation report forms and the valuation services contract.
- To adhere to the technical and professional rules and instructions communicated by the Authority.