The International Real Estate Federation is an international association that brings together professional associations representing experts in all their areas, builders, property managers, real estate agents, brokers, architects, landscapers, engineers, brokers, consultants, installers/installers, administrators, developers, investors, surveyors, alternative energy groups, and groups that are concerned with the environmental development of Europe, America and Asia.
Since its inception, its main objective has been the publication of generally accepted standards for approval in the Member States of the European Union, the Commonwealth and developing markets in Central, Eastern Europe and North America. These rules have become a dominant feature.
The decision of the group to the creation of a system of updating international knowledge among professionals, from different fields, who are involved in the world of real estate and its "normative" activities, harmonized by the international guidelines on the quality of construction, energy, environment, consumer rights, etc …
To have a standard quality format that must be distributed to the public so that its use can be agreed in the real estate and investment sectors.
The members of the Federation will have the obligation to bring all the documents they have available to achieve these measures, rules and regulations, etc., the rules relating to their profession and activity.
In addition, among the members themselves, they must update their knowledge about the sector with the methods of other partners to establish an international standard, and they must be present in all group study committees to achieve international quality standards.
The Federation forges collaborations with international organizations to distribute, among its members, the standards established in all current areas and the delegation of representatives to transcribe such associated regulations and professionals of the sector.
Be accountable for affiliates, ensuring that these reports are known to members of the government and the media for smooth collaboration.
Among the Statutes of the Federation are:
• In the second article:
"The Federation pursues the following objectives:
to. Coordinate the activities of member associations, supervision by observing the current legislation that is applied and expanding knowledge of international standards.
b. Serve as a liaison between the various associations, in order to maintain contacts and information about the respective activities.
c. Attend to ensure that each of the member associations maintain, as far as possible, the objectives established in the Statutes.
d.Promote training and the implementation of knowledge among members."
Nineteen • In article:
a. "To be members of the federation, associations must meet the following conditions:
b. That they are legally registered by the competent authority.
c. That they have an interest in the goals of the federation."
• In article twenty:
"The procedure for admission of an association to the Federation has been initiated, at their request, through the provision of the following documents:
a.Response sent to the Federation
b.Copy of the Statutes governing the association.
c.Certification of the competent authority in accredited matter that the company is registered in the corresponding Registry.
d.Documentation on the agreement reached at a general meeting, held in accordance with the Statutes, in the wishes of the Association to join the Federation and comply with the statues of the Federation are observed.
e.There is a training section.
f.Payment of membership fees of the Federation.
All documentation submitted to the president of the federation, shall be accounted for to the Board of Directors, who shall grant or deny admission without any course of appeal against its decision."
• In article twenty-one:
"Member associations may renounce their membership at any time, request that their participation must be terminated in writing to the president of the Federation, and must be accompanied by the agreement of the General Meeting that made the decision."
With the European Monetary Union (free movement of capital), the globalization of the world economy and migration to developing countries, it is expected that investment in the real estate market will go beyond an economy without borders.
Market participants are acting more and more, on an international scale for a variety of reasons, whether investors, sharing companies, financial institutions and industries and construction.
All these investments focus over time on real estate markets that have different characteristics in terms of taxation, legal aspects, how market participants behave, conditions, land regulations, migratory flows, population aging, a primary residence, the influences of the market cycle and disposable income.
Therefore, Real Estate managers will continue to demand detailed knowledge of regional (local) markets, and the market in each country.
Future cross-border transactions in the area of real estate and investment require professionals in the field who can collaborate with investors and the market by identifying the characteristics that make the area most profitable.
To present their reports with standard practices and uniform presentations consistent with the equivalent of regulatory standards in all countries, achieve the goal that investors fully understand those reports
The Federation has agreements with universities and educational centers that specialize in economic construction, and the Real Estate sectors to bring their knowledge to date. E.S.P.I (France) – S.U.R.G.E. (Spain) – Intesa (Italy – Spain) – Open University (United States) – ESAI (Portugal) – F.A.C.C.E.B.A (Brazil)
Member affiliated associations:
• France • Portugal • Belgium • IRELAND • United Kingdom • United States
Switzerland • Italy • Brazil
• Argentina • Mexico • Panama • Philippines • Russia
There is a technical
secretary available in Brussels, who collects the European evaluation regulations.
Teaching agreements have been signed specifically for the training of legal experts in valuation by the following:
• A.P.T.I – Spain, Portugal, France,
• S.A.N – Italy, Netherlands,
• KAS – United Kingdom, Germany, Denmark, Switzerland.
ANTPM National Association
Real Estate Judicial Expert
Bases of the call
The International Group of Professional Associations of the Real Estate Sector (FAEPI), is an international association that includes professional associations representing builders, managers, administrators, developers, investors and appraisers and the groupings of alternative energies and environmental development of the European Union, America and Asian countries.
Since its inception, its main objective has been the publication of generally accepted standards for adoption within the Member States of the European Union and the emerging markets of Central, Eastern Europe and North America. These rules have become a dominant feature.
The members of the evaluation and valuation commission are a group of professionals related to the work of experts and the evaluation of assets and a number each of the largest of the associations of the European Economic Area, USA, Central and Eastern Europe and Asia.
The Group works closely with the Committee on International Valuation Standards (IVSC). Common standards and a methodology both make it possible to obtain homogeneous values for public and private purposes, with considerable advantages for trade and industry, as well as for the private and financial investment sector and for the population that depend directly or indirectly on the economic efficiency of these companies.
These European valuation standards are not yet mandatory for members of organisations, but it is recommended that they be adopted as the best practice for incorporating relevant European Union legislation and as well as the main line of thinking in Europe and if possible internationally. When assessing deviations and reporting to the Group, the Standing Committee shall examine the circumstances in which they are made and take action to improve compliance with these standards.
Valuation techniques are understood when setting standards, for that reason, and for the first time, a section dedicated to valuation methodology has been included. At most, when elaborating standards such as the promulgation of best practices, FAEPI supports and promotes the idea of clarity, economic reality and transparency in information. For this reason, the creation of the studies is recommended to the Member States to update and adapt these rules.
The studies of Expert in Appraisals and Real Estate Judicial Expert, will gather the total of the norms promulgated by the European Union (EU) and that will be distributed in Spain, Portugal and France by the Association of Real Estate Professionals of Appraisers (APTI), which may delegate to the exams of each call to the recognized haciendas and will publish the norm that will be of mandatory compliance.
The basis for the preparation of the first and second edition of the Blue Guide or Guidance Notes on the Valuation of Fixed Assets were the initial raw projects and the final publication by the Director of Council Meetings of 25 July 1978 (78/660/EEC).
The fourth director, becoming an echo of the differences, in reality, between the Member States, exposed, as the options available to the companies that she refers, the rules of valuation of fixed assets. She did not, however, give any definition of market value of such.
Only in the fourth Director of the Council, concerning the annual accounts and consolidated accounts of insurance undertakings, was a definition of the specific market value of the European Union established, together with the specific obligation to reflect the market value or present value of the accounts, even though historical figures were incorporated.
The third edition, which is known as European Approved Property Valuation Standards (EVSs) [las normas europeas de Tasaciones] hereinafter NEV has been fully revised and updated in order to account for the changes arising, as well as the extension of the scope beyond the financial statements, including valuations of a greater diversity of business objectives.
The Group recommends that the NEV in the European Union be adopted and applied, when accounting valuations should be included, should be used for any other purpose in the public sphere, there is an important public interest, and provided that existing national legislation is compatible. In certain cases, national legislation will be reviewed and, where its importance so requires, is the subject of a separate commentary in NEV 10.
The objective of the NEV is:
(a) to assist appraisers, through insurance, to advise on the development of consistent information for clients;
(b) promote homogeneity using standard definitions of market value and in the way valuation is approached;
(c) provide a level of quality that speaks of the validation of recognized qualifications, and the best use as a reference point for users of evaluations;
(d) to ensure an accurate basis for economic analysis of the efficient use of limited land and construction resources;
(e) inculcate among appraisers a customer-oriented and purpose-driven evaluation exposure.
(f) to increase knowledge of the role of the theatre appraiser;
(g) establish procedures to establish clearly accurate and unambiguous, and the consequent certificates of value with national and supranational legislation, with the accounting and valuation of standards and, in the area of homogeneity of investment in valuations used to set the financial indices representing performance, consistent with national regulations and recommendations for better use.
Rules of the call 25 July 2001
Resolution of F.A.E.P.I. by which a citation exams to obtain the professional title of Real Estate Judicial Expert adapted to the European regulations of valuations and evaluations.
This resolution adopted in the general assembly tends to standardize the world of evaluation with European regulations in valuations. The exams will be held in Spain, Portugal and France by the Association of Real Estate Professionals of Appraisers (APTI) and sufficient knowledge and aptitude for obtaining the corresponding professional title will be evaluated.
On the other hand, Royal Decree 1464/1988, 2 December, which develops Director 67/43/EEC, on the realization of the freedom of establishment and the freedom to provide services for non-wage income, in particular in the sector of Real Estate business, which has the establishment and provision of services in Spain of nationals of other Member States of the EEC will be carried out the fulfillment of such a requirement and, under equal conditions and right in such a way as the Spaniards.
In order to participate in the examination, it will be necessary to meet before the end of the deadline for submitting the application, the following requirements:
a) Be Spanish or a national of a Member State of the European Union (EU), or of the other signatories of the Agreement on the European Economic Area (EEA).
b) Be of legal age.
c) Not have been separated by disciplinary file from the service of any of the Public Administrations, nor be disqualified from performing public functions, within the scope of application of any of the Member States of the European Union (EU) or other signatories to the Agreement on the European Economic Area (EEA).
d) Be in possession or in a position to obtain, the official university degree of Bachelor, Engineer, Architect, Bachelor, Technical Engineer, Technical Architect, or other official title that is specifically compared to these, by legal provision or norm of or the character indicated: Titles of Management of real estate property of ARISE Europeans of the Company Training Center, INTESA Practical Technical Institute, ESAI Higher School of State Activities or ESPI Royal School of Real Estate Professions, Title of Real Estate Agent (API) given by the Ministry of the Chamber, people of recognized value in the real estate world or people with the certification of an authorized center of technical preparation.
Exempt from this requirement are nationals of the Member States of the European Union (EU) or European Economic Area (EEA) included in the scope of application of Royal Decree 1464/1988, of DecIembe 2, because the Director of 67/43 / Central and Eastern Europe develops, which carries out legally and in the country of origin or habitual residence of origin the professional activities that in Spain are typical of real estate administrators.
For the purposes of this call it is understood that one can obtain the degree when all the studies of the corresponding plan have been exceeded, including, where appropriate, the objective of the career project or final test.
In the case of foreign degrees, they must be accredited by the Ministry of Education and Culture before the end of the deadline for submitting applications.
Also exceeded salary will be considered equivalent to the postgraduate degree, the first three full courses of university degree, the courses or certificates of Real Estate of European ARISE of the Company Training Center, INTESA Practical Technical Institute, Esai Schoo Superior of State Activities or of ESPI Royal Higher School of Professions of Immobilières or take three years of Real Estate work activity.
1. The application to take part in this exam will conform to the model to be extended by the Association of Real Estate Professionals of Appraisers (APTI). The application form will be provided free of charge. The instructions to complement the form will be those detailed as "Instructions for the interested party" in the pre-registration form.
2. Applications signed by those interested abroad may attend through the corresponding Spanish diplomatic or consular representations.
3. The deadline for submitting applications shall be one month, counted from the day following the publication of this call in the Bulletin of the Professional Association of Real Estate appraisers (APTI) or in some of the collaborating centres.
4. In accordance with the provisions of the unified standards of FAEPI (International Association of Real Estate Agents Federantions) for Europe, the fee for examination fees shall be 1,200 euros (199,663 ptas.) And the texts and the preparation of the opposition 900 euros (149,747 ptas.) For the course of Real Estate Judicial Expert.
The amount of the fee will be reported in the box for it in the application form. The entry of this amount will be carried out, by entering any bank, savings bank or credit union, to the Professional Association of Real Estate Appraisers (APTI), says the current number 2100-2895-70-0200120538 of " La Caixa ".
The application must state that the entry of the examination rights has been made, through validation by the corresponding collaborating organization, through mechanical certification or, where appropriate, seal and authorized signature of the same, in the space destined for this purpose.
In the case of applications signed abroad, the interested party must attach to the same bank receipt of having satisfied the examination rights by means of the timely entry of the corresponding amount in the current account number 2100-2895-70-0200120538 of "La Caixa", in the name of the Association of Real Estate Professionals of Appraisers (APTI). The entry can be made directly at any branch of the Bank or Caja or by means of the transfer from any bank.
The lack of proof of payment of the fees will determine the non-admission of the interested party.
5. In no case will the presentation and payment in the collaborating organization suppose the substitution of the procedure of presentation, in time and form, of the application before APTI.
6. Material or factual errors and arithmetic that could be observed shall be able to correct at any time, either from the office or at the request of an interested party.
1. After the deadline for submission, applications and approval of the lists of admitted and not admitted, will be exposed on the bulletin board of the headquarters of the Professional Association of Real Estate of Appraisers (APTI), located in C. / Estruch, 22 08002-Barcelona, telephone 93 301 67 48 and instead in the delegations or collaboration centers established by him.
a) Consequently, it is agreed to convene 2000 positions of Real Estate Judicial Expert for the Spanish territory.
b) 2000 places of Real Estate Judicial Expert for the French territory
c) 800 places of Real Estate Judicial Expert for the Portuguese territory.
d) In order to facilitate the process of making the calls without prejudice to the maintenance of the agenda and the level of demand in their knowledge, observing the basic principles of equality, merit, capacity and publicity, authorize APTI on behalf of collaborating centers to form the examination tribunals that there is an obligation of APTI to have at least one representative in each court to guarantee equality in them.
2. Candidates who are not admitted shall have a period of ten working days, counted from the day following that of the position on the lists, in order to correct, where appropriate, the defect that has led to the non-admission.
3. The examination fees shall not be refunded exclusively in the event of non-admission of the candidates for the tests for reasons attributable to the interested parties arising from the declaration made in the application form.
1. The Tribunal which is to judge the examination shall be composed of the members listed in Annex II.
2. The Court may be attached to its work by specialist advisers who shall be limited to the exercise of their technical specialities.
3. All members of the Court must have the degree required in the first base of this convocation.
4. The members of this Tribunal who are involved in any of the cases of abstention and recusal provided for in articles 28 and 29 of the Law on the Legal Regime of Public Administrations and Common Administrative Procedure, may not participate in the process
1. Upon convocation by the President, they shall constitute the Court of Justice, with the assistance of a majority of its members, which holds its constituent meeting within a maximum period of thirty days of their appointment.
2. The Court shall decide on all decisions applicable to it for the full conduct of the examination.
3. Agreements shall be approved by an absolute majority.
4. During the examination, the Court shall resolve all doubts that may arise in the application of these rules, as well as what should be done in nonpredicted cases.
5. The Court shall take the necessary measures, in cases where necessary, to provide applicants with disabilities who so request so to enjoy similar conditions for carrying out the exercises as the rest of the other participants.
The Association of Real Estate Professionals of Appraisers (APTI) or in the concerted center will communicate the dates of examination to all those registered thirty days in advance, by registered letter.
During the exercise, the members of the Tribunal may require the examinees to prove their identity.
The aspirants will be summoned in a single individual appeal, being degraded in their rights that they do not seem to do, surely, for a single time, in cases of force majeure, just and properly valued by the Court.
The exam, of theoretical-practical content, will consist of answering a questionnaire of questions with multiple answers, the only one of them being to correct one, based on the content of the program that appears as annex II.
To carry out this test you will have to a maximum of three hours and calculating machines can be used.
The exam is described as follows:
Examinees will be considered to have passed the test that they correctly answer at least 80 percent of the total questionnaire questions.
The rating will be "fit" or "unfit".
The list of applicants who were declared eligible will be inserted on the bulletin board of the Association of Real Estate Professionals of Appraisers (APTI) and individually communicate the results to all the people presented.
From the date of this publication a period of two months for interested parties to submit the following documents, in the manner provided for in the database will be opened third.2:
1. A collated photocopy of the national identity card or passport.
2. Non-sworn or solemn declaration of having been expelled / ao separated/ a, by virtue of disciplinary file of any of the Public Administrations, nor being disqualified for the performance of public functions, within the scope of application of any of the Member States of the European Union and other signatories of the Agreement on the European Economic Area, according to the model that appears as Annex IV of this call.
3. A collated photocopy of the official university degree that you have indicated in your application or academic certification of having passed the necessary studies to obtain it or, where appropriate, of salaries approved in its entirety the first three courses of official university degrees of Bachelor, Engineering or Architecture on the date indicated in the first base.
In case the degree is not one of those specifically listed in section d) of the first base of this call, which will also contribute to the certification sent by the Ministry of Education and Culture that one of which is compared or accredited to some of those mentioned in this base, or, where appropriate, the reference to the legal or regulatory provision of the comparison.
In relation to nationals of other States in which Royal Decree 1464/1988, of December 2, is applicable, the previous document will be replaced by a certificate issued by the competent authority of the country of origin or origin, accrediting the habitual and legal exercise, in it, of the activities that in Spain are typical of the administrators of the Property of Real Estate.
For those who within the established period and, except for reasons of force majeure assessed by the Administration, do not present the indicated documentation, or from the examination of the same it follows that they lack some requirement of those indicated in the first base, the title may not be sent and their actions were annulled, without prejudice to the responsibility that they may have incurred in falsification of the initial application.
For those declared eligible that each and every one of the requirements demanded in the call, the corresponding title was sent to them.
Brussels, 20 July 2002
SUMMARY OF THE FAEPI GENERAL ASSEMBLY
During the General Assembly of FAEPI (Estates Internacional de Asociaciones de la Federación), the 93 member associations according to the new Corporate Governance standards, to ensure that the evaluation and regulation of investments are applied in the coming years in all countries of the European Community.
With this decision, European inspectors in the various fields of Wil will be able to meet the requirements relating to their services by applying unified criteria of transparency, integrity and independence.
In recent years, European Commission (ENV) standards have acquired legal status in some of the Member States, while others have yet to adapt their national laws.
The members of our Federation have decided to establish European standards for trade in all their associations. The new guidelines are an important element for the new Board of Directors, and they are intended to foster a better level for the preparation and training of its members, to improve practices, up-to-date training and the application of a code of ethics through agreements across Europe.
Merc Raymond, President of FAEPI, said: "The new corporate governance will foster institutional relationships with training centres across Europe and America, so that all member associations will benefit not only from NEV standards, but also from the latest devolopments and scope of surveying fields and our know-how."
It recommends (and stressed the need to) inform clients of the Federation's rules and regulations, such as trade secrets, conflict of interest management, and the rating of market securities.
He also thanked the president of APTI Spain for joining the Board. She is one of the experts in the Content Appraisal Tribunal, a technician in the art and evaluation of accounting, and a bachelor's degree in Image Consulting, which will provide the corporate image guidelines for associations included in the Federation.
Finally, he described the risks affecting the assessments in 2005, as we must be vigilant to ensure that all members of the various associations included in the EAFFA apply the standards that have been passed as laws in the reports and updates of the regulation we send them.
We must also take into account the changes considered by the Basel Committee on Banking Supervision in the New Capital Agreement, which will influence the Lawmarkers of the European Commission.
And recently, the Spanish Council of Ministers agreed to adopt the International Accounting Standards (IAS) to the European Conpany Law, in force since 2005, which will be mandatory for European companies, their accountants and other professional advisors. Inspectors should be aware of these rules.
The Assembly ended in Berlin on 25 September 2005.
Assessment of the experts
When they have signed for the Valuation Expert course, you will have to send us your Curriculum Vitae detailing your academic training, as well as the area and places where it is believed that the performance of your professional work will be.
Once we have received, we will send you a preliminary task that deals with first-hand and second-hand markets.
After this task has been corrected, you will be assigned the exercises that you must carry out in a certain number of days in the places you are going to direct.
In the third stage you will receive the course material, and you will be assigned a study plan, the study subjects and the days and times of the practical seminars.
If you have any questions or concerns, please contact APTI at the telephone number (Spain) 93 301.67.48.
Module 1: VALUATION OFFICES
• Offices • Management Offices •
Inventories • Industrial
• Machinery (restoration)
Module 2: VEHICLE VALUATION
• Vehicle Fleet • Motorcycles • Cars •
Vans • Trucks •
Tractors • Caravans
Module 3: HOME VALUATION
• Furniture •
Watchmaking Devices • Toys •
Books • Marble • Silver • Jewelry •
Sculptures • Graphic Work
Textiles and Carpets
• Ceramics • Glass and Glass
Weapons • • Bronze Pieces
• Domestic Use • Family
Clothing • Home
Perishable Food Products
Module 4: ACCORDING TO THE EXPERIENCE OF THE EUR COMMUNITY OPEA THE LAW 2000, opinion of experts, the European Community LAW 2000 AND THE EUROPEAN LEGISLATION OF VALUATION
• What experience is • Who is the expert • The legal implementation of an expert
compatibilities with the office: the abstention, the objection and the challenge of the experts
• The tasks of the experts and the obligations: the disciplinary and criminal responsibility
• The realization of the opinion of the expert
• The fees of the expert • Prologue •
The opinion prepared by the
experts commissioned by the parties • The opinion
expressed by the experts commissioned by the court
• Possible action by the experts in the trial or hearing • The civil suit Law
1 / 2000, of January 7, 2000 (BOE nº 7, 8 January 2000)
• Assessment of European legislation • Management of collections and payments • Management of
surpluses from the treasurer's office of the
• Analysis of investment projects
The house of the idea of more efficient and cheaper energy consumption is attractive to most buyers, regardless of their attitude on environmental issues. There are many technologies available to achieve energy efficiency, one of which is the passive solar energy system. This consists of analyzing in detail the orientation of the building, in order to make the most of the heat of the sun, light and shade. The building itself is well insulated, with a thermal mass that retains heat in winter and keeps cool in summer. Other technologies include heating and cooling systems with energy-efficient windows, low-energy bulbs, sensors that turn off the light when no one is in the room, reducing wastewater by using flow control of faucets and water conservation, xerilandscaping (using native plants for gardening in order to reduce the need for water), underground irrigation to reduce water loss by evaporation, rainwater in collecting systems and recycling of used water (in a system that collects, stores and filters water from toilets, sinks and showers before using it for cisterns or by sprinkler).
Apart from applying different technologies to reduce the use of electricity and gas, environmental builders also try to reduce the level of "embodied energy", which is the energy used to manufacture the components of a building and transport them to the construction site. It is estimated that, for example, in Great Britain embodied energy can make up almost one-sixth of the total national energy use. Products and technologies that involve less processing (e.g. reuse of demolition tiles or bricks), or those that are locally produced (e.g. adobe construction) require much less energy. Consequently, they are one less burden on the environment.
As demand increases, organic products can become cheaper. Some building material stores already specialize in products that are second-hand and/or environmentally convenient. Annual profits from two eco-friendly stores in Boulder, Colorado, reach one million dollars: Planetarium Solutions is a show dedicated to interior decoration, the sale of floor tiles, paints and wall coverings, and its sister company Eco-Products is a sawmill.
As the Earth's resources diminish, the focus of a sustainable building and urban development will not become a possible but also necessary. The commitment to sustainable construction is evident at several levels, ranging from government agencies to non-profit organizations, from product creators to architects.
As the construction of the environment becomes increasingly necessary, we will see technologies that today are considered as "marginal" enter a more general use. Houses of More and More, for example, will be partially built in the basement. The tons of soil surrounding the house reduce energy consumption by almost half, keeping the house cool in summer and warm in winter. The rows of energy-efficient windows installed at the front of the house allow light to enter and reduce the feeling of claustrophobia.
Straw bales is another technology that is being widely used. The technology consists of the application of straw bales (500 to a house of 500 m2), give it its shape and then cover it with a wire mesh. Finally, it is stucco on the outside of the house. This type of housing has become fashionable in some parts of New Mexico, where some of them with a size of over 700 m2 can be found.
Ira Matathia and Marian Salzman