Property Valuation Compliance Comprehensive, Consistent & Fast
Verify Terms of Engagement against RICS Red Book and IVS 2025
requirements to catch compliance gaps at the foundation.
Trusted by valuation professionals, auditors and lenders worldwide
RICS Tech Partner • Developed by InterVal, a leading valuation software firm
The Foundation of Valuation Compliance
“Valuation compliance is determined at instruction
and cannot be corrected later.”
The Terms of Engagement define scope, assumptions, limitations, and responsibilities.
If these are unclear or missing, compliance risk is embedded from the start and carried through to the final valuation.
ToE
Scope, assumptions, & limitations set
Scope of Work
Investigation requirements set
Valuation
Analysis performed to scope
Report
Findings documented to standards
Reliance
Third parties rely on the valuation
Failure at instruction breaks the entire compliance chain.
Who ValuLens Is For
Designed for professionals and organisations that depend on valuation compliance.
Valuers and valuation firms who need to ensure their Terms of Engagement align with RICS and IVS requirements.
Lenders and credit teams who commission valuations and need assurance that valuation instructions meet regulatory expectations.
Risk, compliance, and audit teams who review Terms of Engagement as part of valuation governance, assurance, and quality control.
Portfolio managers, asset owners, and commissioning clients who rely on clear valuation instructions to support decisions, reporting, and risk oversight.
Built in Collaboration with the Valuation Profession
ValuLens was developed with input from practising valuers and compliance specialists
RICS Tech Partner — recognised by RICS for technology supporting valuation practice
Requirements mapped directly from RICS Red Book VPS 1 and IVS 101 Scope of Work
Developed with input from RICS-registered valuers and compliance specialists
Regular updates aligned with standards revisions and regulatory guidance
ValuLens is a compliance checking tool. It does not provide valuation advice, legal advice, or replace professional judgement. Users remain responsible for the content and adequacy of their Terms of Engagement.
How It Works
Terms of Engagement analysis in three steps
Upload your Terms of Engagement document in PDF or Word format. ValuLens analyses ToE documents specifically—the foundation document that precedes valuation work.
Our system analyses your Terms of Engagement against RICS Red Book VPS 1 and IVS 101 Scope of Work requirements, checking each mandatory and advisory clause.
Receive a detailed ToE compliance report with letter grades, evidence snippets from your document, and prioritized recommendations to address any gaps before valuation begins.
ValuLens analyses Terms of Engagement documents only—not valuation reports. This focused scope allows deep analysis of the critical foundation document that determines downstream compliance.
What You Get
Comprehensive compliance reports with actionable insights
A clear letter grade (A-E) with percentage score, showing document-level and property-level compliance breakdown. Instantly understand your ToE compliance status.
Why This Matters
The real-world consequences of non-compliant Terms of Engagement
A non-compliant ToE discovered after valuation completion may require re-issuance of the entire engagement letter and potentially the valuation report itself.
Missing or ambiguous limitation clauses in the ToE leave valuers exposed. Liability caps and reliance restrictions must be established before work begins.
When ToE fails to clearly identify intended users and reliance restrictions, disputes with third parties who claim to have relied on the valuation become harder to defend.
Lenders and legal counsel increasingly scrutinize ToE compliance. Non-compliant engagement documents can delay or derail transactions at critical stages.
Standards Coverage
Comprehensive analysis against the latest global valuation standards
International Valuation Standards effective January 31, 2025. Covers IVS 101 Scope of Work, IVS 103 Reporting, IVS 104 Bases of Value.
RICS Valuation Global Standards 2025 incorporating IVS. VPS 1 Terms of Engagement, VPS 2 Inspections, VPS 3 Reports.
RICS UK National Supplement requirements for UK-specific valuation practices and regulatory compliance.
20+ Requirement Categories Analyzed
ValuLens checks both mandatory requirements and advisory guidance across all clause categories.
- • Valuer identification
- • Client identification
- • Purpose of valuation
- • Basis of value
- • Special assumptions
- • Valuation date
- • Reliance restrictions
- • Liability limitations
- • Publication restrictions
- • Inspection extent
- • Compliance statement
- • Fee basis
Your Data, Protected
Enterprise-grade security for sensitive valuation documents
Documents encrypted at rest and in transit
Data retention controlled by administrators
Read-only sharing available (admin-controlled)
No data sold to third parties
Reports permanently linked to audit versions
Secure authentication via magic links
Frequently Asked Questions
Everything you need to know about ValuLens
Ready to Ensure Your ToE Compliance?
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