Presidential Appointments

Presidential Appointments

Many leases contain a clause under which if the parties cannot reach agreement on rent reviews, then the President of the API's Australian Capital Territory Division is requested to make a nomination of a determining valuer.

The ACT President may also be requested to make nominations for non-rent review matters such as for Family Law Court matters, deceased estates or compensation.

Information Required for Nominations 

Before a nomination is made the following information is required:

  • a Presidential Appointment Application Form must be completed.  Different forms exist for different requests:
  • payment of the nomination fee must be made
  • copies of any of the documents requested on page 3 of the Presidential Appointment Application form
  • agreement to the Terms of Conditions of the service on page 3 of the Presidential Appointment Application form

Please note the Valuer's fee is additional to the Administration Fee for the appointment.

Other Information

It is the President of the various API State and Territory Divisions who make the nomination of valuers.  If your lease or agreement or court order does not state the President of the API ACT Division (or one of the Institute's former names) then you will need to provide written confirmation from both parties or their representatives that they are agreeable to the President of the API ACT Division making the nomination.

Institute Name Changes

Former names of the Australian Property Institute which could appear in a lease include:

  • Australian Institute of Valuers and Land Economists
  • Australian Institute of Valuers and Land Administrators
  • Australian Institute of Valuers
  • Commonwealth Institute of Valuers