Non-governmental professional organisation – Lithuanian Association of Property Valuers (LTVA) was established on 22 March 1994.

Memberships in International NGO:

• TEGoVA, The European group of Valuers Associations, since 1995.

The main aims of LTVA are:

• to organise a qualified system for valuation of different property and capital;
• to take care of training of specialists for valuation of property and capital;
• to accumulate and provide methodical and other assistance including information on valuation issues.

Members:

• LTVA now has 150 members: professional appraisers and their assistants.
• LTVA also unites property and business valuation companies.

Governance of Association

• Management bodies of Association are the General Meeting (the Conference) of Members, the Board and the President.
• Particular activity fields coordination is held by six Commissions:
  Immovable property valuation;
  Movable property valuation;
  Motor vehicles valuation;
  Business valuation;
  Education;
  Ethics.