Ethics Flashcards

1
Q

What is the role of the RICS?

A

Maintain the highest standards of education and training

To protect consumers through strict regulations of professional standards

To be the market leading source of information and advice on land, property and construction

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2
Q

What is the role of the RICS?

A

Maintain the highest standards of education and training

To protect consumers through strict regulations of professional standards

To be the market leading source of information and advice on land, property and construction

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3
Q

Info required to register an RICS firm…

A

Same as setting up a firm… but maybe reference you would look at the relevant RICS website guidance…

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4
Q

Mandatory obligations - Members

A

Comply with CPD

Cooperate with RICS

Promptly provide all info requested by the standards and regulation board

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5
Q

Mandatory obligations - Firm

A

Issue a complaints handling procedure (involves a dispute resolution provider)

Ensure that all work is covered by PI insurance

Make appropriate arrangements for work to continue if there is a sole principal - in case of absence, death…

Cooperate with RICS

Promptly provide info requested from the Standards and Regulations Board

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6
Q

Three levels of disciplinary action

A

Action by Head of Regulation

Disciplinary Panel

Appeal Panel

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7
Q

Why is the RICS regulated?

A

Self regulated following royal charter in 1881.

It aims to protect the public, uphold public confidence and uphold professional standards (this is done by the Standards and Regulation Board)

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