RICS Structure Flashcards
Who is the current RICS president-elect
Clement Lau is the president elect,
Ann Gray is the President Elect
Tina Paillet is the Senior Vice President
Richard Collins in the current chief executive
When was the RICS Founded?
It was founded on 15 June 1868
Incorporated by Royal Charter on 26 August 1881
What is the management structure of the RICS
How many members are on the Governing Council
According to the regulations there must be a minimum of 25 members on the Governing Council
What is the purpose of the RICS discussed in the Royal Charter
maintain and promote the usefulness of the profession for the public advantage in the United Kingdom and in any other part of the world.
What does the Royal Charter do?
A Royal Charter is an instrument of incorporation, granted by The Queen, which confers independent legal personality on an organisation and defines its objectives, constitution and powers to govern its own affairs.
What are the CPD requirements for members?
Members must complete a minimum of 20 Hours CPD per calendar year (January to December), of this a minimum of 10 hours must be formal.
The following years CPD logs must be returned to the RICS by the 31st of January and it must be logged online
All members must maintain a relevant and current understanding of the professional and ethical standards during a rolling three-year period. Any learning undertaken in order to meet this requirement may count as formal CPD.
What is formal CPD?
Formal CPD can be any form of structured learning that has clear learning objectives and outcomes, such as a professional course, structured online training, technical authorship, learning that includes an assessment measure. This can include self-managed learning as long as it has a clear learning outcome which is clearly linked to the member’s development needs.
Informal CPD is any self-managed learning that is relevant or related to your professional role. This could include activities such as private study, on-the-job training, attendance at informal seminars or events where the focus is on knowledge sharing.
What would be your firms complaint handling procedure if a complaint was submitted by a firm?
This would be referred to the RICS dispute resolution service
If it is from a mortgage lender it may need to be referred to the Financial Conduct Authority
The PII provider would need to be informed
What is the case law that decided a Tenant Like Manner in the Landlord and Tenant Act?
Warren v Keen - The phrase was originally coined by Judge Denning back in 1953/4 in the Warren v Keen case. Basically, it means that there will be certain things that you as a tenant will need to do as part of your normal occupancy of any property.
What is the Black Book?
It is a suite of guidance notes that define good technical standards for QS’s and those working in construction.
It contains guidance notes on: Acceleration Change Control Cost Analysis and Benchmarking Subcontracting Cash Flow Forecasting Conflict Avoidance Commercial Management of Construction Cost Reporting E-Tendering Final Accounts Management of Risk Retentions
What is the RICS Motto?
Est Modus in Rebus
There is measure in all things
What is the main roles of the RICS?
RICS’ main roles are:
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.
Who is the current chair of Governing Council
Nicholas MacLean
