Conflict avoidance and dispute resolution Flashcards
what RICS DRS do they offer
Mediation
Judication
Arbitation
Expert witness
auditation
what is mediation
Voluntory mediator between parties to make a mutal agremeent
what is aribtation
Impartial arbitator
makes binding decsion
fast and flexable
what is expert withness
Expert uses experience and professional justdment to make a legally binding decsison on techincal issues
what is a conflict of intrest
a conflict of intrest is when personal intrests interfere with professional duities
what do RICS rules of conduct say about avoding conflicts of intrest
Be open and transparent with clinets where they could percieve a conflcit of intrest
what are the three pillars of dispute resolution
Mediation
Negoation
Arbitation
what is double dipping
RICS banned
acting as both buyer and seller
what is dispute adjuication baord
Form for residing disputes in construction and engineerig
