Guidance Documents

Question 1

What are the RICS Valuation – Global Standards (Red Book)?

Answer 1

Provides mandatory rules, best practice guidance, and related commentary for asset valuations.

Published Date: 31st January 2022; Effective Date: 31st January 2022; Supersedes: Previous editions of the Red Book.

Question 2

What is the Code of Measuring Practice, 6th Edition?

Answer 2

Guidelines for the measurement of buildings and land, ensuring consistency and accuracy in reporting.

Published Date: 1st May 2015; Effective Date: 1st May 2015; Supersedes: Previous editions of the Code of Measuring Practice.

Question 3

What does RICS Property Measurement, 2nd Edition cover?

Answer 3

Standards for measuring property, incorporating the International Property Measurement Standards (IPMS).

Published Date: 1st May 2018; Effective Date: 1st May 2018; Supersedes: The 1st edition of RICS Property Measurement.

Question 4

What are the RICS Rules of Conduct for Members and Firms?

Answer 4

Ethical and professional standards for RICS members and regulated firms.

Published Date: 1st February 2021; Effective Date: 1st February 2021; Supersedes: Previous versions of the Rules of Conduct.

Question 5

What is the purpose of Surveying Safely, 2nd Edition?

Answer 5

Health and safety advice for surveyors, covering risk assessment and site safety.

Published Date: 1st April 2021; Effective Date: 1st April 2021; Supersedes: The 1st edition of Surveying Safely.

Question 6

What does the Code for Leasing Business Premises, 1st Edition provide?

Answer 6

Mandatory requirements and best practice recommendations for leasing business premises, ensuring fairness and transparency in lease negotiations.

Published Date: 1st February 2020; Effective Date: 1st September 2020; Supersedes: No previous editions.

Question 7

What is outlined in Service Charges in Commercial Property, 1st Edition?

Answer 7

Best practices for managing service charges in commercial properties, aiming to ensure transparency and fairness between landlords and tenants.

Published Date: 1st April 2018; Effective Date: 1st April 2019; Supersedes: No previous editions.

Question 8

What does RICS Data Handling and Management, 1st Edition cover?

Answer 8

Guidance on the management and handling of data within the property sector, including data protection, storage, and usage.

Published Date: 1st March 2019; Effective Date: 1st March 2019; Supersedes: No previous editions.

Question 9

What is detailed in Commercial Property Management in England and Wales, 2nd Edition?

Answer 9

Best practices in the management of commercial property, focusing on managing, communicating, and controlling income and expenditure.

Published Date: 1st October 2011; Effective Date: 1st October 2011; Supersedes: No previous editions.

Question 10

Conflicts of Interest, 1st Edition
Published Date: March 2017

Answer 10

Effective Date: March 2017

Summary: This global guidance note helps professionals identify and manage
conflicts of interest, ensuring impartiality and integrity in their work.

Supersedes: No previous editions.