RICS Material & Legislation Flashcards
What is the RICS material on valuation?
RICS Valuation - Global Standards 2021 (“Red Book Global”)
What is the RICS material on valuation of development property?
RICS Guidance Note ‘Valuation of Development Property’ 1st Edition 2019
RICS material on COI?
RICS Global Professional Statement on Conflict of Interest, 2017
What RICS material banned dual agency?
RICS Professional Statement: Conflict of Interest - UK Commercial Property Market Investment Agency, 2017
Effective 1st January 2018
RICS material on complaints?
RICS Guidance Note on Complaints Handling, 2018
RICS material on PII?
RICS “Professional Indemnity Insurance Requirements” Version 7.
Legislation on limitation of negligence?
Limitation Act 1980
6 years for contract
6 years for tort
RICS material on handling client money?
RICS Professional Statement ‘Client Money Handling’ 1st Edition 2019
Effective January 2020
What can the RICS do for clients if a RICS regulated firm cannot pay the money back?
RICS Clients’ Money Protection Scheme
Key legislation on bribery and corruption?
Bribery Act 2010
Proceeds of Crime Act 2002
Regulations on bribery and corruption?
Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017 (amended 2019)
RICS material on bribery and corruption?
RICS Professional Statement - Countering bribery, corruption, money laundering and terrorist financing, 2019
Key RICS H&S material?
RICS Guidance Note ‘Surveying Safely’ - Health and safety principles for property professionals’, 2nd edition, 2018
Effective February 2019
Key H&S legislation?
Health & Safety at Work 1974
Update to H&S at Work Act in 1995?
Reporting of Injuries, Diseases and Dangerous Occurences Regulations 1995 (RIDDOR)
Update to H&S at Work Act in 1999?
Requirement to complete a risk assessment
Act regulating the liability of occupiers and others for injuries caused to lawful visitors?
Occupiers’ Liability Act 1957
Act imposing an obligation on the landlord to ensure that the premises comply with its obligations as a landlord?
Defective Premises Act 1972
Asbestos regulations?
The Control of Asbestos Regulations 2012
RICS material on asbestos?
RICS Guidance Note, “Absestos: Legal Requirements and Best Practice for Property Professionals” 4th Edition 2021
Regulations aiming to improve the management and co-ordination of H&S at all stages of a construction project?
Construction (Design & Managment) (CDM) Regulations, 2015
Data protection and information regulations?
- UK General Data Protection Regulation
- Data Protection Act 2018
- Freedom of Information Act 2000
Legislation on discrimination?
Equality Act 2010
Legislation on sustainability?
Climate Change Act 2008 (amended 2019)
Legislation enforcing energy efficiency?
Minimum Energy Efficiency Standards, 2015 (MEES)
RICS material on contamination?
RICS Guidance Note ‘Contamination, the Environment and Sustainability, 2010 3rd Edition
RICS material on Japanese knotweed?
RICS Guidance: RICS Information Paper on Japanese Knotweed and Residential Property, March 2022
RICS material on measurement?
RICS Professional Statement: RICS Property Measurment (2nd Edition) January 2018
RICS Code of Measuring Practice, 2015
RICS material on the comparative method?
RICS Guidance Note ‘Comparable Evidence in Real Estate Valuation’, 1st edition, 2019
RICS material for UK valuation?
RICS Valuation - Global Standards (UK National Supplement, 2018)
RICS material for UK valuation?
RICS Valuation - Global Standards (UK National Supplement, 2018)
Legislation on landlords dealing with consents?
Landlord & Tenant Act 1988
Legislation on covenants (intro’d AGAs)
Landlord & Tenant (Covenants) Act 1995
Main RICS material on leasing?
RICS Professional Statement Code for Leasing Business Premises, 2020
RICS material on alterations?
RICS License for Alterations Guidance Note, 2013
RICS material on estate agency?
RiCS UK Commercial Estate Agency Professional Statement 2016
Key legislation on estate agency?
Estate Agents Act 1979
Consumer Protection from Unfair Trade Regulations 2008
Misrepresentation Act 1967
Legislation on signage?
Town and Country Planning (Control of Advertisement) Regulations 2007
Legislation on land registry?
Land Registration Act 2002