General RICS Questions Flashcards
Why do you want to become a member of RICS?
Demonstrates professionalism to clients, colleagues and peers. Hard work and dedication. Confidence and trust. Competent. Respected and high-profile standards.
What is the role of RICS?
Professional body promoting and enforcing high international standards in built and natural environments. Positive change and foundation for the industries. Respected and high-profile standards.
What are the key functions of RICS?
Regulate and promote profession.
Protect clients and consumers through ethical standards.
Impartial advice and guidance.
Highest professional standards.
What is a Royal Charter?
A Royal Charter is an instrument of incorporation, granted by The Queen, which confers independent legal personality on an organisation. Royal Charter’s nowadays are granted to bodies that work in the public interest.
Awarded in 1881 – to maintain and promote the usefulness of the profession for the public advantage
Who are the RICS Presidential Team?
Tina Paillet – President. American, based in California, real estate advisor and lecturer.
Justin Sullivan – President Elect
Nicholas Maclean – Senior Vice President
Justin Young - CEO
What do you understand by the term self-regulation?
RICS regulates itself. The RICS self-regulates through setting regulations for its firms and members.
What is the RICS main address?
12 Great George St, London. Near Parliament Square.
What is the Royal Charter?
Awarded in 1881 by Queen Victoria.
The charter requires the RICS to promote the usefulness of the profession for the advantage of the UK public and other parts of the world.
What is the motto of the RICS?
Est modus in rebus – there is measure in all things.
What is the RICS?
Royal Institute of Chartered Surveyors.
World’s leading professional status in land, real estate, infrastructure and construction.
International institution.
Highly respected.
Offers advice on property, construction, project management, dispute resolution and environmental issues.
What is the role of the RICS?
Regulate and promote the professions under its umbrella.
Maintain the highest professional and ethical standards.
Protect clients and consumers.
Provide impartial advice, guidance and analysis.
What is Lionheart?
An independent charity run by RICS professionals to support current and past members of the RICS.
Provide an overview of the RICS governance structure.
The Privy Council awarded the Royal Charter.
Then there is the RICS Governing Council, which sits alongside an independent regulatory tribunal.
Under the Governing Council there are five boards and committees:
1. Standards and regulation board
2. Management board
3. Audit committee
4. Nominations committee
5. Presidential nominations committee
Who is the Governing Council?
They set the RICS strategy, direction and manage the royal charter obligations.
What is the RICS Matrics?
RICS Matrics is the RICS’ early career community designed to support students, apprentices, trainees and those who are newly qualified (up to 10 years), as they move into the industry. It gives the community a platform to influence the profession, as well as an opportunity to network and gain support as they go through the assessment.
