As of now (October 2010), the appraiser profession in Indonesia is regulated by the Ministry of Finance with a regulation in the ministry level, namely PMK No.125/PMK.01/2008 tentang Jasa Penilai Publik. (right click and save as to download).  However, lately in the appraisers community, and the government of Republic of Indonesia has realize the importance of having a Law in the country level to regulate this profession. As a comparison, Malaysia has had the law on appraiser profession since 1981, in the Laws of Malaysia, Act 242, “Valuers, Appraisers, and Estate Agents Act 1981”. Indonesia is targeting to have the law (“Undang-undang” or “UU”) about the appraisal profession in the year 2011. The talk in the Legislative (“Dewan Perwakilan Rakyat” or “DPR”) has been…

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