TRAINING FOR REGISTERED VALUERS- MANDATORY

TRAINING FOR REGISTERED VALUERS:

FAQ- 50 hours training mandatory:

1. Is 50 hours training mandatory for a person who is already undertaking valuation for Banks / Institutions / under IT Act etc?
Ans.  Yes. The training is mandatory.

2. Who gives the 50 hours mandatory training?
Ans. Training is scheduled by RVOs. For exact schedule of training, the applicant should contact respective RVO.

3. In case a Registered Valuer for one asset class is eligible for registration for another asset class, will 50 hours training be required to be undertaken again?
Ans. Yes, since the training is asset class specific.

4. Can an employed individual undertake 50 hours mandatory training?
Ans. Yes. However, an individual shall not be in employment at the time of applying for registration as valuer.

5. Are applicants above a certain age threshold exempted from appearing for training?
Ans.  No, 50 hours training for respective asset class is mandatory for all applicants, irrespective of their age, intending to seek registration.

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