This statute provides for registration of valuers for purposes of valuation of land/property.
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Quick Link: http://www.kenyalaw.org:8181/exist/kenyalex/actview.xql?actid=CAP.%20532
路 Section 3 establishes the Valuers Registration Board which shall have the responsibility of regulating the activities and conduct of registered valuers.
路 Under section 7, the registrar shall issue a certificate of registration for valuers who are registered and keep a register of valuers under section 6.
路 Section 21 provides that unregistered persons shall not practice as valuers.
路 Section 22 provides that no person shall carry on business as a practising valuer unless there is a guarantee bond or a policy of insurance entered or issued by an insurance company approved by the Valuers Registration Board. This is a requirement for indemnity on the part of practising valuers.
路 There is currently a Valuers Bill 2022 (currently in Parliament) seeking to repeal and revise the current Act.
