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RICS Material & Legislation Flashcards

1
Q

What is the RICS material on valuation?

A

RICS Valuation - Global Standards 2021 (“Red Book Global”)

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2
Q

What is the RICS material on valuation of development property?

A

RICS Guidance Note ‘Valuation of Development Property’ 1st Edition 2019

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3
Q

RICS material on COI?

A

RICS Global Professional Statement on Conflict of Interest, 2017

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4
Q

What RICS material banned dual agency?

A

RICS Professional Statement: Conflict of Interest - UK Commercial Property Market Investment Agency, 2017

Effective 1st January 2018

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5
Q

RICS material on complaints?

A

RICS Guidance Note on Complaints Handling, 2018

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6
Q

RICS material on PII?

A

RICS “Professional Indemnity Insurance Requirements” Version 7.

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7
Q

Legislation on limitation of negligence?

A

Limitation Act 1980

6 years for contract
6 years for tort

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8
Q

RICS material on handling client money?

A

RICS Professional Statement ‘Client Money Handling’ 1st Edition 2019

Effective January 2020

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9
Q

What can the RICS do for clients if a RICS regulated firm cannot pay the money back?

A

RICS Clients’ Money Protection Scheme

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10
Q

Key legislation on bribery and corruption?

A

Bribery Act 2010

Proceeds of Crime Act 2002

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11
Q

Regulations on bribery and corruption?

A

Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017 (amended 2019)

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12
Q

RICS material on bribery and corruption?

A

RICS Professional Statement - Countering bribery, corruption, money laundering and terrorist financing, 2019

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13
Q

Key RICS H&S material?

A

RICS Guidance Note ‘Surveying Safely’ - Health and safety principles for property professionals’, 2nd edition, 2018

Effective February 2019

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14
Q

Key H&S legislation?

A

Health & Safety at Work 1974

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15
Q

Update to H&S at Work Act in 1995?

A

Reporting of Injuries, Diseases and Dangerous Occurences Regulations 1995 (RIDDOR)

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16
Q

Update to H&S at Work Act in 1999?

A

Requirement to complete a risk assessment

17
Q

Act regulating the liability of occupiers and others for injuries caused to lawful visitors?

A

Occupiers’ Liability Act 1957

18
Q

Act imposing an obligation on the landlord to ensure that the premises comply with its obligations as a landlord?

A

Defective Premises Act 1972

19
Q

Asbestos regulations?

A

The Control of Asbestos Regulations 2012

20
Q

RICS material on asbestos?

A

RICS Guidance Note, “Absestos: Legal Requirements and Best Practice for Property Professionals” 4th Edition 2021

21
Q

Regulations aiming to improve the management and co-ordination of H&S at all stages of a construction project?

A

Construction (Design & Managment) (CDM) Regulations, 2015

22
Q

Data protection and information regulations?

A
  • UK General Data Protection Regulation
  • Data Protection Act 2018
  • Freedom of Information Act 2000
23
Q

Legislation on discrimination?

A

Equality Act 2010

24
Q

Legislation on sustainability?

A

Climate Change Act 2008 (amended 2019)

25
Q

Legislation enforcing energy efficiency?

A

Minimum Energy Efficiency Standards, 2015 (MEES)

26
Q

RICS material on contamination?

A

RICS Guidance Note ‘Contamination, the Environment and Sustainability, 2010 3rd Edition

27
Q

RICS material on Japanese knotweed?

A

RICS Guidance: RICS Information Paper on Japanese Knotweed and Residential Property, March 2022

28
Q

RICS material on measurement?

A

RICS Professional Statement: RICS Property Measurment (2nd Edition) January 2018

RICS Code of Measuring Practice, 2015

29
Q

RICS material on the comparative method?

A

RICS Guidance Note ‘Comparable Evidence in Real Estate Valuation’, 1st edition, 2019

30
Q

RICS material for UK valuation?

A

RICS Valuation - Global Standards (UK National Supplement, 2018)

30
Q

RICS material for UK valuation?

A

RICS Valuation - Global Standards (UK National Supplement, 2018)

31
Q

Legislation on landlords dealing with consents?

A

Landlord & Tenant Act 1988

32
Q

Legislation on covenants (intro’d AGAs)

A

Landlord & Tenant (Covenants) Act 1995

33
Q

Main RICS material on leasing?

A

RICS Professional Statement Code for Leasing Business Premises, 2020

34
Q

RICS material on alterations?

A

RICS License for Alterations Guidance Note, 2013

35
Q

RICS material on estate agency?

A

RiCS UK Commercial Estate Agency Professional Statement 2016

36
Q

Key legislation on estate agency?

A

Estate Agents Act 1979

Consumer Protection from Unfair Trade Regulations 2008

Misrepresentation Act 1967

37
Q

Legislation on signage?

A

Town and Country Planning (Control of Advertisement) Regulations 2007

38
Q

Legislation on land registry?

A

Land Registration Act 2002

APC (20 decks)

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