Australian Property Institute

This article relies too much on references to primary sources. Please improve this by adding secondary or tertiary sources. (December 2006) (Learn how and when to remove this template message)

Logo of the Australian Property Institute.

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^[who?] Australian financial institutions require property professionals who carry out mortgage valuation work to be members of the API.

The API provides certifications to its members reflecting their specific field of expertise. Such Certifications are required by some Australian States to practice in the specific field. These Certifications are:

• CPV, Certified Practising Valuer
• RPV, Residential Property Valuer
• CPP, Certified Property Professional
• CPM, Certified Property Manager
• CFM, Certified Funds Manager
• CPD, Certified Property Developer
• CFacM, Certified Facilities Manager
• CAM, Certified Asset Manager

API publications include , 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

• The Appraisal Institute (USA)
• Property Institute of New Zealand
• Appraisal Institute of Canada
• Hong Kong Institute of Surveyors (General Practice Division)
• Property Institute of New Zealand
• Royal Institution of Chartered Surveyors, United Kingdom (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 3/60 York Street, Sydney NSW 2000.

External links[]

• Australian Property Institute (Official site)
• Property Institute Member Directory^{[permanent dead link]}