NIESV PPE study guide
NIESV PPE · Work through your exam, one topic at a time.
The NIESV Professional Practice Examination (PPE) is the professional practice stage of the pathway to becoming a registered estate surveyor and valuer in Nigeria, taken after the academic and probationer stages and set at the level of someone ready to sign reports and advise clients in their own name. Candidates are typically probationers or graduate estate surveying and valuation practitioners working under supervision, plus others moving toward registration with the Estate Surveyors and Valuers Registration Board of Nigeria (ESVARBON). The NIESV PPE study guide has 12 sections and about 3,687 words.
01Professional Practice: Regulation, Engagements and Liability
This domain tests whether you know who may lawfully practise as an estate surveyor and valuer in Nigeria, on what terms engagements are created, and where liability sits. The Estate Surveyors and Valuers (Registration, etc.) Act 1975 (Cap E13, LFN 2004) created ESVARBON, which registers individuals and firms and criminalises practice or use of the protected titles without registration.
342 words, about 2 min02Ethics and Conduct: The NIESV Code in Practice
Ethics questions are usually scenarios. You are tested on the NIESV Code of Professional Conduct and Ethics and on ESVARBON's disciplinary powers, and you must be able to state what a member does before, during and after an instruction.
358 words, about 2 min03Valuation of Real Property: Methods, Bases and Computation
This domain tests your command of the five methods, the correct basis of value, and clean arithmetic supported by adjusted comparables. Comparison: the default for residential and simple commercial property with good evidence.
317 words, about 2 min04Property Law and Land Tenure in Nigeria
Expect questions on the Land Use Act 1978, the incidents of the two rights of occupancy, and the practical steps in a land transaction. Since 1978 all land in a state is vested in the Governor, held in trust and administered through the Land Use and Allocation Committee.
357 words, about 2 min05Estate Agency and Property Marketing
This domain tests agency agreements, commission, the agent's duties and the marketing standards that protect buyers, tenants and the public. Open agency (several agents compete), sole agency (one agent, owner may still sell privately), joint sole (two agents share one fee), and multiple agency.
300 words, about 2 min06Property Management and Facilities Management
Questions here test the management agreement, service charge machinery, maintenance planning and arrears control. Scope of authority (letting, rent collection, repairs, spending limits), reporting frequency, fee (commonly a percentage of rent collected), term and termination.
278 words, about 1 min07Land Economics and Real Estate Development
The exam tests land market theory and the development appraisal, including the residual land value calculation. Land supply is fixed and demand is derived from the use of space.
298 words, about 1 min08Real Estate Investment, Finance and Appraisal
This domain tests appraisal techniques, yield analysis, financing routes and the risk profile of property as an asset. Net present value, internal rate of return, payback and profitability index.
272 words, about 1 min09Arbitration, Mediation and Expert Witness Practice
The exam tests the dispute resolution frameworks a valuer meets, and the separate and stricter role of the expert witness. The Arbitration and Mediation Act 2023 replaced the old Arbitration and Conciliation Act.
300 words, about 2 min10Compulsory Purchase, Compensation and Public Sector Valuation
This domain tests the statutory basis for taking land, the heads of compensation and the correct valuation approach. Under the Land Use Act 1978 the Governor may revoke a right of occupancy for overriding public interest under section 28, on notice.
296 words, about 1 min11Town Planning, Environmental and Sustainability Issues
Expect questions linking planning control, environmental regulation and sustainability to value and to development feasibility. The Nigerian Urban and Regional Planning Act 1992 (Decree 88) provides for planning authorities, development plans and development control.
302 words, about 2 min12Professional Report Writing and Practice Administration
The final domain tests whether your report would survive scrutiny and whether the office behind it is properly run. Terms of reference and purpose; basis of value with its definition; valuation date and inspection date; client and any other relying party; property identification and title or tenure; location, neighbourhood and site; description and accommodation; planning and statutory matters; environmental matters; method and comparables or computations; assumptions and special assumptions; limitations and indemnity; declaration of independence and no prior interest; signature, name, registration, date and annexes.
267 words, about 1 min