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What does the Australian Property Institute broadly require for Certified Practising Valuer (CPV) status?

Correct Answer

D) An accredited property or valuation degree plus supervised experience

The Australian Property Institute requires CPVs to hold a bachelor's degree in property, valuation, or related field, plus a minimum of two years' relevant post-graduation experience under supervision. This ensures valuers have both theoretical knowledge and practical experience before practicing independently.

Answer Options
A
A Diploma of Property Services plus a current real estate agent's licence
B
Five years of property experience, with no degree required
C
A Certificate IV in Real Estate Practice and a CPD record
D
An accredited property or valuation degree plus supervised experience

Why This Is the Correct Answer

CPV status combines an API-accredited property or valuation degree with a period of supervised practical valuation experience. Neither on its own is enough, and agency qualifications do not count toward it.

Why the Other Options Are Wrong

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Related Topics & Key Terms

Key Terms:

Australian Property InstituteCertified Practising Valuerbachelor's degreesupervised experienceprofessional standards
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