RICS General and RICS Structure

Question 1

1. What is the role of the RICS?

Answer 1

Promotes and enforces the highest professional qualifications and standards in the development and management of land, real estate, construction and infrastructure.

Question 2

2. What is the royal charter?

Answer 2

Granted by Queen Victoria in 1881 it requires us to promote the usefulness of the profession to the public advantage in the UK and other parts of the world

Question 3

3. Where is the RICS international headquarters?

Answer 3

12 Great George Street, Parliament Square, London

Question 4

4. What is the Motto of the RICS

Answer 4

Est modus in Rebus – There is measure in all things.

Question 5

6. Why do you want to be a chartered surveyor?

Answer 5

• To prove that I have obtained the elite professional status of MRICS
• I will be part of promoting the best practices in the industry.
• To help train the next generation of surveyors (I want to become an assessor)

Question 6

8. What is the role of the Standards and regulation board?

Answer 6

Has exclusive responsibility over the strategy, policy and operational oversight of the RICS professional standards, entry and admission, education and qualification and the regulatory functions of the RICS.
The have a duty to ensure the RICS meets the obligations of its royal charter and sets the standards for entry into the organisation including education and APC.

Question 7

Privy Council

Answer 7

Quasi Governmental body that grants the the RICS its charter.

Question 8

Governing Council

Answer 8

Responsible for setting the global strategy and ensuing the RICS fulfills its royal charter. Has strategic overview of entry requirements and enforcement of professional standards

Question 9

Management Boards

Answer 9

Directs RICS affairs under the delegated authority of the General Council

Question 10

Standards and Regulation Board

Answer 10

Responsible for Strategy, policy and opperational oversight of RICS professional standards, entry, admission to the profession education and qualification standards and regulatory functions of the RICS.

Question 11

7 RICS ARAFC

Answer 11

Audit, Risk Assurance and Finance Commettie - Regulates the RICS in the discharge of its duties and reports directly to the General Council