General Questions Flashcards
Why do you want to become a Chartered Surveyor
I would like to become a member of the RICS because it would provide me with increased credibility in the eyes of my clients, help me maintain and further my professional competency, and provide me with access to a network of 134,000 property professionals worldwide.
When was the RICS Founded?
The Royal Institution of Chartered Surveyors was founded in 1868.
In what year did the RICS receive its Royal Charter?
1881
How do you become a Fellow of the RICS?
You must submit evidence of achievement of four fellowship characteristics, which are:
(1) 5 years or more as a MRICS
(2) A leadership role in the industry
(3) Professional Technical Achievement
(4) Academic Achievement
(5) Raising the profile of the RICS
Who is the Current President of the RICS? And when was she in power from?
Tina Paillet FRICS with effect from 1st January 2024
Who is the Current Chief Executive Officer of the RICS in the UK?
Justin Young
What is the Governing Structure of the RICS?
Currently, the Governing Council oversees the management of the RICS. However, the governance arrangements are currently under review following the Levitt Review (2021) which exposed the lack of clarity, structure and purpose within the RICS.
This has three boards that report to it:
(1) The Regulatory Board
(2) The Audit Committee
(3) The Management Board
What are the 4 membership levels (starting with the most junior)
- Trainee Member
- AssocRICS
- MRICS
- FRICS
What is the role of the RICS ?
Promote and enforce the highest professional qualifications and standards within land, real estate, construction and infrastructure.
What is the benefit of being an RICS Regulated Firm? (Think CPS)
- Confidence - for clients as regulated firms are controlled by RICS Regulation.
- Professionalism - firms will have to provide clear, impartial and expert advice.
- Security - firms must have a recognised complaints handling procedure, access to free independent redress and PII cover.
