Terms of Engagement

Acceptance of Terms

By engaging Stamp Duty Valuers and utilising our services, you acknowledge that you have read, understood, and agree to be bound by these Terms of Engagement.
If you do not agree to any part of these terms, you must inform us immediately and refrain from using our services.

Purpose of Valuation

This Valuation Report has been prepared by Stamp Duty Valuers solely for the specific purpose stated in your request. It is provided for general guidance and informational use by the intended recipient only.

This report must not be used for mortgage, financing, or lending security purposes. Stamp Duty Valuers accepts no responsibility or liability for any loss, claim, or consequence arising from improper or unauthorised use of this report outside its intended scope.

Currency of Valuation

This valuation is current as of the date specified in the report. No assumptions or guarantees are made regarding future performance or property value. The stated market value is valid for three (3) months from the date of issue.

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Confidentiality & Use

This report is confidential and intended solely for the instructing party. It may not be reproduced, distributed, or relied upon by any other individual or organisation without prior written consent from Stamp Duty Valuers.

Reliance

The report must be considered in full, including all appendices, attachments, and disclaimers. We accept no liability for reliance on incomplete versions or if reviewed by unauthorised parties.

Market Movement Disclaimer

Property values are subject to market conditions and property-specific factors. Stamp Duty Valuers accepts no liability for losses resulting from market changes after the valuation date.

Conflict of Interest

To the best of our knowledge, there are no existing or perceived conflicts of interest affecting the objectivity of this valuation.

Indemnity

The instructing party and any other authorised recipients agree to indemnify and hold harmless Stamp Duty Valuers (including its directors, staff, and contractors) from any claims, damages, or legal actions resulting from reliance on this report.

Limitation of Liability

Stamp Duty Valuers’ total liability is capped at the valuation fee paid. We will not be responsible for any indirect, consequential, or profit-related losses. This limitation does not apply in cases of proven fraud or willful misconduct.

Disclosure Obligations

Clients must provide full and accurate information relevant to the valuation. We accept no responsibility for omissions or misrepresentations made by the client or their representatives.

Limited Liability Scheme

Our liability is limited under a scheme approved by the Professional Standards Legislation.

Amendments to Terms

Stamp Duty Valuers reserves the right to update these terms at any time. Where practical, updates will be communicated to clients prior to enforcement.

Governing Law

These terms are governed by the laws of New South Wales, Australia. All disputes are subject to resolution under NSW jurisdiction.

Statements About Future Matters

Any mention of future performance or property value should be interpreted as estimates only, and not guarantees.

Turnaround & Delivery

Reports delivered in 2–10 business days, depending on complexity and data availability.
PDF delivery via email is standard.
Printed reports: $250 + GST; Additional hard copies: $50 + GST each.

Cancellation Policy

• 50% fee applies if cancelled after acceptance or booking confirmation.
• 100% fee due if cancelled post-inspection.
• No partial reports will be issued for cancelled engagements.

Court Appearances

Court, tribunal, or mediation appearances are charged at $550/hour (inc. GST), minimum 4 hours per day.

Additional Services

Preparation of supplementary letters, or participation in phone conferences, is charged at $550/hour (inc. GST).

Payment Terms

Full prepayment is required before scheduling inspections.
Invoices with bank details will be issued upon receipt of your valuation request.

Overdue Payments

Interest on overdue invoices is charged at 30% per month.
You are liable for collection/legal costs for overdue accounts.

Valuer Interest Declaration

Budget Property Valuers and the valuers involved declare no financial or personal interest in the subject property.

Confidentiality & Copyright

This report is only for the instructing party’s use and purpose as stated.
It must not be reproduced, shared, or published without our written permission.

Valuation Basis

Valuations reflect either:

• “As Is” Market Value, or
• Hypothetical “As If Complete” Market Value, based on provided plans and specifications.

Definitions as per the Australian Property Institute:

Market Value:

“The estimated amount for which an asset should exchange on the valuation date between a willing buyer and a willing seller in an arm’s length transaction after proper marketing, wherein both parties act knowledgeably, prudently, and without compulsion.”

Market Rental Value:

“The estimated amount for which an interest in real property should be leased on the valuation date between a willing lessor and lessee, on appropriate lease terms, after proper marketing, with both parties acting knowledgeably, prudently, and without compulsion.”

Valuation Uncertainty (IVS definition):

“The possibility that the valuer’s opinion of Market Value may differ from the actual price achieved, assuming all market conditions remain unchanged.”