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Question 1

What do you need to do to set up as a firm?

Answer 1

1. fulfilment of rules of conduct
2. PI insurance
3. processes for clients money
4. CHP
5. Trained and competant staff

If sole practitioner, you may need a locum agreement or similar

Question 2

What is building regulation part L?

Answer 2

Conservation of fuel and power. Energy efficiency of buildings

Question 3

What is internal rate of return

Answer 3

Measures profitability / viability by working out net present income / expenditure of cash flow. Discount rate at which net present value = zero

Question 4

What information needs to be sent to the RICS?

Answer 4

Revenue, PI claims. CHP. ethics

Question 5

what does the RICS do to promote inclusive environments?

Answer 5

RICS has a inclusive environment quality mark.

yesterday the RICS held a pride event

Question 6

Why do you want to join the RICS?

Answer 6

RICS is gold standard for surveying
im committed to life long learning
Recognized by clients

Question 7

what is the gift procedure

Answer 7

Declare the gift in register and accept if nominal value and openly given.

Decline if not