Ethics Flashcards

1
Q

RICS First president

A

Mr. John Clutton

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2
Q

When became Royal Charter

A

1881 August 26

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3
Q

1

A
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4
Q

RICS headquarters

A

No 12 Grate George Street Parliament Square

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5
Q

RICS Vision

A

The mark of Property Professionalism Worldwide.

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6
Q

Mission Of RICS

A
  1. To Qulilfie our Professional to Hights Level
    2.To Promote and enforce the standards
    3.To Lead the solutions to the Major challenges facing the built environment
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7
Q

RICS Worrl wide sectors

A

Land
Real state
Construction
Insfastrcture

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8
Q

RICS worldwide Regions

A
  1. America
  2. Southeast Asia and China
  3. Europ
  4. Middle East & Africa
  5. Australasia
  6. South Asia
  7. UK & Ireland
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9
Q

Regional Headquarters

A

Office B303
The Design House, PO BOX 502986
Sufouh Gardens , Dubai UAE

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10
Q

Why Rules change

A
  1. A simple structure
  2. Clear example
  3. Focusing on respect, Diversity, and inclusion
  4. Understanding Evolving Technology
  5. Tackling Global challenges
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11
Q

Mandatory Professional Obligation for RICS Members

A
  1. Comply with CPD requirements.
  2. Members Must Cooperate with RICS
  3. Promply Provide all information to the standard and regulation board.
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12
Q

Mandatory Professional Obligations to RICS Firms

A
  1. Publish Complaints Handling Procedure.
  2. Ensure the PI Insurance is covered for previous and current works.
  3. Firms that SOLE practice must make appropriate arrangements for incapacity / Death.
  4. Firms must cooperate with RICS.
  5. Promptly provide information on the Standards and regulations of RICS.
  6. Must Display Business literature in accordance with RICS.
  7. Report that any matter under the RICS rules for registered firms.
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13
Q

Explain Decision tree

A

Sufficient information
Check It legal
In line with RICS rules of conduct
Have you consulted the appropriate people
Do you have clear reasoning
Is the decision informed
Would you be content

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14
Q

Principals of RICS

A

Proportionately
accountability
Consistancy
Targating
Transparency

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15
Q

What are the type of Conflict of Intrest

A

Party Conflict
Own Conflict
Confidential information conflict

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16
Q

What are the Caps in Insurance

A

Less than 100,000 – 250k
100 to 200 -500K
200 Above -1 mill