Australian Property Institute
Encyclopedia
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 1926 as the Commonwealth Institute of Valuers. Many Australian financial institution
s require property professionals who carry out mortgage valuation work to be members of the API.
API publications include the Australian 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 6 Campion Street, Deakin, Canberra
.
The API was originally formed in 1926 as the Commonwealth Institute of Valuers. Many Australian financial institution
Financial institution
In financial economics, a financial institution is an institution that provides financial services for its clients or members. Probably the most important financial service provided by financial institutions is acting as financial intermediaries...
s require property professionals who carry out mortgage valuation work to be members of the API.
API publications include the Australian 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
- Appraisal Institute of Canada
- Hong Kong Institute of Surveyors (General Practice Division)
- Property Institute of New ZealandProperty Institute of New ZealandProperty Institute of New Zealand was formed in 2000. With over 2800 members throughout New Zealand and scattered throughout the world, the Property Institute is the voice of the property profession...
- Royal Institution of Chartered SurveyorsRoyal Institution of Chartered SurveyorsThe Royal Institution of Chartered Surveyors is an independent, representative professional body which regulates property professionals and surveyors in the United Kingdom and other sovereign nations....
, United KingdomUnited KingdomThe United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
(General Practice Division) - Singapore Institute of Surveyors and Valuers (General Practice Division)
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 6 Campion Street, Deakin, Canberra
Canberra
Canberra is the capital city of Australia. With a population of over 345,000, it is Australia's largest inland city and the eighth-largest city overall. The city is located at the northern end of the Australian Capital Territory , south-west of Sydney, and north-east of Melbourne...
.