8. Valuers Act, 1985 (Cap 532)

This statute provides for registration of valuers for purposes of valuation of land/property.

Quick Link: https://new.kenyalaw.org/akn/ke/act/1984/16/eng@2022-12-31

· Section 3 establishes the Valuers Registration Board which shall have the responsibility of regulating the activities and conduct of registered valuers.

· 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.

· Section 21 provides that unregistered persons shall not practice as valuers.

· 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.