Mandatory Professional Obligations (RoC) Flashcards
1
Q
RICS Members must (3 requirements)
A
- Comply with CPD requirements set by RICS
- Cooperate with RICS
- Promptly provide all information reasonably requested by the Standards and Regulation Board, or those exercising delegated authority on its behalf
2
Q
RICS regulated firms must (7 requirements)
A
- Publish CHP, including an ADR provider approved by RICS and maintain a logbook of complaints
- Ensure all previous and current work is covered by PI cover that meets standards approved by RICS
- Firms with sole principal must make arrangements for their work to continue in event of incapacity/inability to work or death
- Cooperate with RICS
- Promptly provide information reasonably requested by Standards and Regulation board or those exercising delegated authority on their behalf
- Display on their business literature a designation to denote they are regulated by the RICS (in accordance with RICS’ published policy)
- Report to RICS any matter that they are required to report under Rules for the Registration of Firms