According to the expert of independent property valuations activities is to be carried out in such a manner that can able to fulfill the demand which is been made in different type of property holder by following suitable legal rules and the regulation. The main reason behind implementation of legal rules and the regulation is to maintain flexibility in the procedure and also to maintain some standard level in the outcomes of property valuation process. For maintenance of standard level different principle is to be given by the Australian standard for the process of valuation on property. Only standard outcomes is considered to be valid by the authority who do overlook the entire process of property valuation.
Due to implementation of legal rules and the regulation in the process of valuation on property various problems is been sort out. The problem of fraudulent can be controlled due to involvement of legal laws to the process of valuation. Trust and the faith is been developed in the mind of people due to controlling function which is to be taken by the authority. It becomes comfortable and flexible for the people to acquire the different type of valuation services. Successful and accurate outcomes of valuation process do make client feel satisfied and also the load of tension gets reduce through it. Targets and goals can be accomplished due to the satisfactory result of valuation which is been given by the valuer. The holder of property can even able to get suggestion and advise which is to be provided by the valuer.