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.