LIXI Valuations (VAL 0.0.4 RFC)

    LIXI Standards Release
    Valuations for Australia
    VAL 0.0.4

Version Superseded

Please note that this version (VAL 0.0.4) was superseded on 28th June 2019 by version VAL 0.0.5.
The latest version of all LIXI Standards are always available here.

17th May 2019

Non-breaking update to LIXI VAL 0.0.3 (released 18th March 2019) derived from LIXI Master Schema v2.2.19.

Downloads (Members & Licensees Only)

XML schema without annotations (LIXI-VAL-0_0_4.xsd)
XML schema with annotations (LIXI-VAL-0_0_4-Annotated.xsd)
JSON schema without annotations (LIXI-VAL-0_0_4_RFC.json)
JSON schema with annotations (LIXI-VAL-0_0_4_RFC-Annotated.json)

Documentation (Members & Licensees Only)

LIXI VAL 0.0.4 schema documentation

Change List

Includes support for:

  • 'Amenity' needs to be be captured
  • 'Ancillary Improvements' of a real estate asset
  • 'Architecture Style Description' of a property
  • 'Comment' needed for RiskRating element
  • 'Construction details' updated to add new attributes
  • 'Contract Date' of the contract of sale for a real estate asset
  • 'Contract Sighted', 'Under Offer' and 'Under Contract' for a contract of sale
  • 'Description' risk rating definition change
  • 'Documents To Sight Comment' for a valuation.
  • 'EncumbranceAffectsValueComment' for encumbrance details
  • 'Essential Repairs' needed for a dwelling
  • 'Furnished' 'Comment' for rental income.
  • 'Heritage Issues Comment' for a property
  • 'InstructorToSight' for real estate valuation
  • 'IssueDate' for real estate valuation
  • 'LenderApplicationReferenceNumber' not in VAL
  • 'MarketValueAsIfComplete' required for a Real Estate Asset
  • 'Multiple Dwellings' for a real estate asset
  • 'Neighbourhood' needs to be captured at the right place under real estate asset
  • 'Out Of Contract Items' for a valuation
  • 'Primary Valuer' responsible for conducting a real estate valuation
  • 'Qualification' for a real estate valuation report
  • 'Replacement Cost Estimate' is required for valuation
  • 'SaleComment' in Similar Sales Evidence
  • 'SaleComment' needed for SalesRecord
  • 'SaleInlineWithLocalMarket' needed for RealEstateValuation
  • 'Selling Period greater than 6 months' needs to be captured
  • 'Site Dimensions' and 'Site Area' for a real estate asset
  • 'SiteDescription' needs to be captured for a Real estate Asset
  • 'Supervising Valuer' who is responsible for counter signing the valuation report
  • 'Title Sighted' for a real estate asset
  • 'Unit Entitlement' 'Unit details' required for real estate asset
  • 'Valuer Comment' update definition
  • 'Verified' real estate asset property details from a valuation report
  • 'Year Last Modified' needed for a dwelling.
  • 'ZoningEffect' for the real estate asset.
  • 'estimateMethodologyList' definitions changes

For full details, review the release notes within the schema documentation.

Statement of Proprietary Information
This standard is confidential to LIXI Limited and may not be disclosed, duplicated, or used, for any purpose, in whole or in part, without the prior consent of LIXI Limited. Both the XML Schema Definition files and associated documentation are licensed under the LIXI End User Licence Agreement (EULA) that can be found here: LIXI-End-User-Licence-Agreement. An introduction to this EULA is available here: Introduction to EULA 2013 10 V.2.pdf .

Updated: 17th May 2019