ESTATE SURVEYORS AND VALUERS REGISTRATION ACT

Act · Land & Housing

An Act establishes the Estate Surveyors and Valuers Registration Board to regulate the profession in Nigeria. It targets graduates and practicing surveyors, as well as property developers and institutions. This ensures only qualified professionals handle property transactions to protect public integrity.

What Is This Policy?

This Act establishes the Estate Surveyors and Valuers Registration Board of Nigeria to regulate the practice of estate surveying and valuation, maintaining the professional register and enforcing conduct standards.

Who Does It Target?

Estate surveying and valuation graduates seeking professional registration Registered estate surveyors and valuers in active practice Property developers, financial institutions, and government agencies engaging estate surveying services

What Does It Aim to Achieve?

To protect the public and ensure the integrity of property transactions in Nigeria by guaranteeing that only trained and registered professionals provide estate surveying, valuation, and property management services.

Key Features

Registration Board: Establishes the Estate Surveyors and Valuers Registration Board of Nigeria as the regulatory authority Professional Register: Maintains the register of all licensed estate surveyors and valuers authorised to practise in Nigeria Registration Requirements: Sets minimum academic qualifications and professional experience for admission to the register Disciplinary Powers: Provides the Board with authority to investigate complaints and sanction practitioners for misconduct Mandatory Registration: Makes it an offence to practise estate surveying or valuation in Nigeria without being registered with ESVARBON

Current Status

Rollout Stage: Active; register continuously maintained Coverage: Nationwide Funding: Registration fees, annual practising fees, and government subvention

How to Access

Estate surveying and valuation graduates must apply to ESVARBON for professional registration before they can legally practise. Degree in Estate Management or a recognised related field from an ESVARBON-accredited institution Completion of the prescribed post-graduation supervised professional experience Payment of registration fees Successful completion of the Board's professional assessment where required Application method: Estate Surveyors and Valuers Registration Board of Nigeria, Lagos

Official Resources

Website: www.esvarbon.gov.ng

Legal Framework

Enacted under the legislative powers of the National Assembly as the Estate Surveyors and Valuers (Registration, etc.) Act (Cap E16 LFN 2004), establishing the Estate Surveyors and Valuers Registration Board of Nigeria (ESVARBON). Operates alongside the Land Use Act 1978, the Urban and Regional Planning Act, the Mortgage Institutions Act, and the National Housing Fund Act. Aligns with International Valuation Standards (IVS) on professional valuation practice.

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