SAQA All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.
SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED UNIT STANDARD THAT HAS PASSED THE END DATE: 

Issue certificates of value for general and specialised assets 
SAQA US ID UNIT STANDARD TITLE
117027  Issue certificates of value for general and specialised assets 
ORIGINATOR
SGB Marketing 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
-  
FIELD SUBFIELD
Field 03 - Business, Commerce and Management Studies Marketing 
ABET BAND UNIT STANDARD TYPE PRE-2009 NQF LEVEL NQF LEVEL CREDITS
Undefined  Regular  Level 5  Level TBA: Pre-2009 was L5  5 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Passed the End Date -
Status was "Reregistered" 		 2018-07-01  2023-06-30  SAQA 06120/18 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2024-06-30   2027-06-30  

In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise.  

This unit standard does not replace any other unit standard and is not replaced by any other unit standard. 

PURPOSE OF THE UNIT STANDARD 
The person credited with this Unit Standard is able to issue certificates of value for general and specialised assets.

The qualifying learner is capable of
  • Identifying and listing general and specialist asset items
  • Evaluating and issuing valuation certificates for general items
  • Evaluating and issuing valuation certificates for specialist items 
    		•

    LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    It is assumed that Learners accessing this Unit Standards are competent in:
  • Mathematical Literacy at NQF Level 4
  • Communication at NQF Level 4 
    		•

    UNIT STANDARD RANGE 
  • Legislation including Alienation of Land Act 68 of 1981, Matrimonial Property Act 88 0f 1984, Sectional Titles Act 95 of 1986, Share Blocks Control Act 59 of 1980, Estate Agency Affairs Act 12 of 1976, Rent Control Act 80 of 1976, Upgrading of Land Tenure Rights Act 112 of 1991, Housing Development Schemes for Retired Persons Act 65 of 1988.
  • Statutory requirements including Estate Agency Affairs Board and the South African Council for the Property Valuer's Profession.
  • Voluntary associations will include South African Property Owners Association, Institute of Property Practitioners of SA, Institute of Estate Agents of SA, Time Share Institute of SA and the SA Council of Auctioneers.
  • Documentation includes both legal and organisational specific documents for completion of valuation certificates. 
    		•

    Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Identify and list general and specialist asset items. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    General assets for auction are identified and listed as per organisational and industry norms. 

    ASSESSMENT CRITERION 2 
    Specialised assets for auction are identified and listed as per organisational and industry norms. 

    SPECIFIC OUTCOME 2 
    Evaluate and issue valuation certificate for general items. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    General items are evaluated/analysed and categorized as per organisational standards. 

    ASSESSMENT CRITERION 2 
    General items are valued at closest estimated selling price using industry norms. 

    ASSESSMENT CRITERION 3 
    A second opinion is called for in accordance with organization requirements to ensure accuracy. 

    ASSESSMENT CRITERION 4 
    The valuation certificate is completed in accordance with set criteria of the organisation. 

    SPECIFIC OUTCOME 3 
    Evaluate and issue valuation certificate for specialist items. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    Specialist items are evaluated/analysed and categorized as per organisational standards. 

    ASSESSMENT CRITERION 2 
    Specialist items are valued at closest estimated selling price using industry norms. 

    ASSESSMENT CRITERION 3 
    A second opinion is called for in accordance with organisational requirements to ensure accuracy. 

    ASSESSMENT CRITERION 4 
    The valuation certificate is completed in accordance with set criteria of the organisation. 


    UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
    Accreditation for this Unit Standard shall be obtained from the relevant Education and Training Quality Assurance Body, through summative and formative assessment by a registered assessor.
  • Assessors must be registered as an Assessor with the relevant ETQA, or with an ETQA that has a Memorandum of Understanding with the relevant ETQA.
  • Moderators must be registered as assessors with the relevant ETQA, or with an ETQA that has a memorandum of Understanding with the relevant ETQA.
  • Training providers must be accredited by the relevant ETQA or with an ETQA that has a Memorandum of Understanding with the relevant ETQA.

    Moderation should include both internal and external moderation where applicable. 
    		•

    UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
  • The principles and terminology applicable to auctioning of general assets
  • The methods, techniques and essential requirements for auctioning of specialist assets
  • Statutory requirements for the issuing of certificates of value
  • A knowledge of valuation processes, techniques and procedures 
    		•

    UNIT STANDARD DEVELOPMENTAL OUTCOME 
    N/A 

    UNIT STANDARD LINKAGES 
    N/A 


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO IDENTIFYING 
    Identify and solve problems pertaining to all aspects of the valuation of general and specialist asset items. 

    UNIT STANDARD CCFO ORGANISING 
    Organise oneself and one's activities to continuously work towards the effective auctioning of general and specialist assets. 

    UNIT STANDARD CCFO COMMUNICATING 
    Communicate effectively with all role players to ensure the correct valuation of general and specialist asset items. 

    UNIT STANDARD ASSESSOR CRITERIA 
    N/A 

    REREGISTRATION HISTORY 
    As per the SAQA Board decision/s at that time, this unit standard was Reregistered in 2012; 2015. 

    UNIT STANDARD NOTES 
    N/A 

    QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
      ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
    Core  49086   National Certificate: Auctioneering Management  Level 5  Level TBA: Pre-2009 was L5  Passed the End Date -
    Status was "Reregistered"     		 2011-02-16  Was SERVICES until Last Date for Achievement 


    PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS UNIT STANDARD: 
    This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here.
     
    NONE 


    All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.