RICS Rules of conduct

Question 1

Why do you want to become a member of RICS?

Answer 1

Status - show clients that I work to the highest professional and ethical standards
Knowledge - commitment to acquiring knowledge and technical competence
Networking - connect with other RICS professionals globally
Recognition - I want to be known for working to RICS standards and thereby increase my client’s confidence in my abilities

Question 2

What is the role of the RICS?

Answer 2

To develop and enforce leading international standards to protect consumers and businesses, ensuring the highest level of professionalism.

The regulatory functions of RICS relating to Standards and Professional Development are led and overseen by the Standards and Regulation Board (SRB)

Question 3

What are the key functions of RICS?

Answer 3

Advancing the highest ethical and technical standards for professionals in land, property and the built environment
Protecting and providing benefits to consumers by enforcing standards and codes of best practice
Providing expert impartial advice to governments, business and the public
Equipping RICS members with leading edge advice, market insight and professional training

Question 4

What is a Royal Charter?

Answer 4

A Royal Charter is an instrument of incorporation, granted by The King, which confers independent legal personality on an organisation and defines its objectives, constitution and powers to govern its own affairs.

Question 5

Who is the current RICS president?

Answer 5

Tina Paillet

Question 6

What do you understand by the term self regulation?

Answer 6

Delegated responsibility for a profession’s regulation to a body composed of professional practitioners (Brazier et al. 1993; Macdonald 1995)

Question 7

What are the 5 Rules of Conduct

Answer 7

1. Honesty & Integrity
2. Competence
3. Diligent and Quality Service
4. Diversity and Inclusion
5. Respect and taking responsibility