Terms of Use

Introduction

Please read these Terms of Use carefully as they govern your use of the International Valuation Standards (IVS) as published and distributed by the International Valuation Standards Council (IVSC). By downloading, accessing, or using the IVS, you agree to be bound by the following provisions, which constitute an agreement between you and the IVSC.

Copyright and Permitted Use

The International Valuation Standards (IVS) and associated materials are the copyright of the IVSC. All rights are reserved.

1. Permitted Uses
   • You are permitted to download and print the IVS, or extracts thereof, for your personal reference or in the normal course of your professional work, including use when providing valuation services, advising clients, or ensuring compliance with IVS.
   • You may make reasonable reference to specific requirements or content within the IVS when advising clients or collaborating with colleagues, provided such references do not constitute reproduction of significant portions of the standards.
2. Prohibited Uses
   • You may not duplicate, reproduce, distribute, or translate the IVS, in whole or in part, without the prior written permission of the IVSC.
   • You may not use the IVS or any substantial portions thereof in any presentation, publication, seminar, or event without obtaining explicit written consent from the IVSC.
   • The IVS may not be sold, sublicensed, or otherwise distributed for commercial gain or used in any manner that implies endorsement by the IVSC without prior authorisation.
3. Commercial Use
   • While use of the IVS for reference purposes in the provision of professional valuation services is permitted, use of the IVS as part of commercial training programmes, publications, or paid consulting engagements that involve redistribution of the standards requires prior written consent from the IVSC and may incur an additional fee.

Disclaimer

1. Purpose of the IVS
   • The IVS and associated materials are not intended to constitute valuation advice but serve as professional guidance for undertaking valuations that comply with the standards.
   • Users of the IVS are responsible for determining how the standards apply to specific situations or valuations.
2. No Liability
   • The IVSC, its authors, and publishers disclaim liability for any loss incurred by individuals or organisations who act or refrain from acting based on the IVS, whether such loss arises from negligence or otherwise.
3. Accuracy and Availability
   • While the IVSC strives to ensure the accuracy and reliability of the IVS, the organisation does not guarantee that the content is free from errors, omissions, or other inaccuracies.
   • The IVSC will not be held liable for any interruption in access to the IVS or any damages arising from such interruptions.
4. Exclusion of Damages
   • Under no circumstances shall the IVSC be liable for any incidental, special, or consequential damages (including, without limitation, lost profits, business interruption, or loss of data) resulting from the use or inability to use the IVS, even if the IVSC was advised of the possibility of such damages.

Governing Law and Jurisdiction

This agreement and the use of the IVS shall be governed by, and construed in accordance with, English law.

1. Exclusive Jurisdiction
   • Any claims, disputes, or differences arising from or in connection with these Terms of Use shall be subject to the exclusive jurisdiction of the courts of England and Wales.
2. Waiver of Objections
   • Both parties waive any right to object to the jurisdiction of these courts on the grounds of inconvenience or lack of jurisdiction.

Amendments

The IVSC reserves the right to amend these Terms of Use at any time. Users are encouraged to review the Terms of Use regularly to ensure compliance with the latest version.

By downloading or using the International Valuation Standards, you acknowledge and agree to these Terms of Use. If you have any questions or require further clarification, please contact the IVSC at contact@ivsc.org.