Matt - Ethics - Level 2 Flashcards
What is a conflict of interest?
Why do you carry out a conflict of interest?
Is there any RICS guidance for conflicts of interest?
Can you ever accept an instruction when there’s a conflict of interest?
Depends on the scenario. If all parties are happy to proceed and made aware of the conflict, and it doesn’t stop good quality service and advice being given, and it’s not illegal or unethical to do so, then you can accept it.
Can you tell me about a time when you’ve managed a conflict of interest?
What is a method of managing a conflict of interest?
What do you consider a reasonable value for your IHT examples?
If the returned value was too high, would you still accept it?
For your rental evidence example, wouldn’t providing rental evidence that justified a lower figure undermine your position?
What would you do if you were showing this evidence in court as an advocate or expert witness?
What is the RICS take on gifts and hospitality?
What is your organisations procedure for gifts and hospitality?
