Mandatory Professional Obligations (RoC) Flashcards

1
Q

RICS Members must (3 requirements)

A
  1. Comply with CPD requirements set by RICS
  2. Cooperate with RICS
  3. Promptly provide all information reasonably requested by the Standards and Regulation Board, or those exercising delegated authority on its behalf
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2
Q

RICS regulated firms must (7 requirements)

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