This page contains a Flash digital edition of a book.
What does this badge mean?


The AIPP logo doesn’t mean you can switch off and forget about thorough research of your own. Here we explain what membership means, what the AIPP can do for you and importantly, what we don’t do


by our industry code of conduct. By using AIPP members when buying overseas, you have reassurance that the company must follow professional standards and act with honesty, integrity and transparency.


T


So what exactly do we do, and where does our jurisdiction end?


We vet and approve companies for membership AIPP has qualifi cation requirements based on professional experience. To be admitted into membership, a company must either be able to demonstrate a 3-year trading history in the international property industry, or, that the person (or one of the people) running the company has suffi cient previous experience. We seek references in all cases to verify previous experience.


What we don’t do: Buying from an AIPP member does not mean you can simply close your eyes and hand over your money. You have a responsibility to inform and protect yourself when buying overseas, just as you would in the UK. In all cases follow the advice in this guide to help ensure that the buying process goes smoothly, and that the purchase you are making is right for you.


We provide a forum for the resolution of disputes As part of their commitment under AIPP’s code of conduct, our agent and developer members agree to resolve any disputes that may arise via AIPP’s dispute resolution procedure, should the consumer so wish. This procedure provides for the referral of any dispute that may arise to legally binding arbitration.


he AIPP member badge is a sign that a company has been vetted and approved, and that they have voluntarily agreed to follow and be bound


What we don’t do: AIPP membership does not provide any ‘guarantee’ as to the services or products provided by a member, and the AIPP doesn’t have a compensation scheme. If you fi nd yourself in dispute with an AIPP member as a result of any agreement or contract made with them, this can be referred to our dispute resolution scheme or alternatively recourse should be sought via the appropriate legal channels.


We investigate any complaint that a member is not working in accordance with AIPP’s rules AIPP has a disciplinary procedure and any complaint that an AIPP member has breached our rules or code of conduct will be investigated in accordance with this. Sanctions that can be applied to members found to be in breach of the rules are reprimand, fi ne, suspension or expulsion from membership.


What we don’t do: We are not able to close down ‘rogue traders’, however we can enforce our code. By making it commercially advantageous to be a member, and commercially damaging to be expelled from membership, AIPP can provide successful self-regulation.


We provide impartial advice and guidance to consumers Part of our work is helping to educate buyers of international property about the processes and pitfalls of buying overseas, and how they can help to protect themselves in the purchase; with this guide we hope to achieve that. You can also visit our website or contact us directly. We will do our best to assist by providing general advice on buying property abroad.


What we don’t do: AIPP does not buy or sell property, and does not provide legal, fi nancial or tax advice. We leave this to our members.


AIPP CONSUMER GUIDE 9


SECTION 1 ABOUT THE AIPP


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60  |  Page 61  |  Page 62  |  Page 63  |  Page 64  |  Page 65  |  Page 66  |  Page 67  |  Page 68