RICS in General Flashcards
1
Q
What is the Royal Charter?
A
- Awarded in 1881 by Queen Victoria.
- The Royal Charter requires the RICS to promote the usefulness of the profession for the advantage of the UK public and in other parts of the world.
- In practice, the charter means that important changes to the constitution - its bye-laws - must be ratified by the UK Government, through the Privy Council
2
Q
Where are the RICS’ international headquarters location?
A
Where are the RICS’ international headquarters location?
3
Q
What is the motto of the RICS?
A
‘Est modus in rebus’ - There is measure in all things.
4
Q
What is the RICS?
A
- Royal Institution of Chartered Surveyors
- The world’s leading professional status in land, real estate, infrastructure and construction.
- One of the most respected and high-profile international institutions that offers advice on property, construction, project management, dispute resolution and environmental issues to various clients and the public.
5
Q
What is Lionheart?
A
- Lionheart is an independent charity run by RICS professionals, for RICS professionals.
- Benevolent fund established over 100 years ago.
- Offers advice and in certain circumstances financial assistance.
- It is independent to the RICS.
- Provides support to current and past members of the RICS and their families.
6
Q
What was the Carsberg Report, 2005?
A
- Carsberg was invite to carry out a review of the RICS regulatory framework.
- The reasons for wanting a review were both external and internal. Several reviews of other professional bodies suggested that public expectations had changed and there was some evidence that members were unhappy with some aspects of RICS regulation.
