RICS Valuer Registration Scheme Flashcards
1
Q
When was the scheme introduced?
A
October 2011
2
Q
What valuers does it relate to?
A
All undertaking Red Book valuations
3
Q
What is required to register?
A
Information regarding work undertaken:
Type of valuations Number of valuations Firm's total fee income from Red Book valuations in last year What data sources used QA procedures Negligence claim history
4
Q
What is the aim of the scheme?
A
Improve quality and ensure highest possible professional standards.
Meet RICS’ requirement to self-regulate effectively.
Protect and raise status of valuation profession as the leading expertise in valuation.
