Standards and Guidance Flashcards
What is the RICS Rules of Conduct 2021?
The RICS Rules of Conduct set out ethical and professional standards for RICS members and firms to adhere to.
What is the RICS Complaints Handing 2016 Professional Standard?
The RICS Complaints Handling Professional Standard provides information to assist surveyors in handling complaints.
Including the importance ensuring client’s objectives / scope have been clearly stated in TofE, adequate PII cover & an effective CHP.
What is the RICS Surveying Safely 2018 Professional Standard?
The RICS Surveying Safely 2018 Professional Standard sets out good practice principles for the management of health and safety for RICS-regulated firms and RICS members.
What is the RICS Conflict of Interest (2017) 2023 Professional Standard?
The RICS Conflict of Interest 2017 Professional Standard sets out mandatory requirements of when to decline instructions due to CofI and how to appropriately manage CofI.
What is the RICS Code of Measuring Practice 2015, 6th Edition?
The RICS Code of Measuring Practice provides guidance on definitions and procedures of measurements. For measurement of office and residential, RICS members/firms should adhere to the RICS Property Measurement Professional Standard 2018.
What is the RICS Property Measurement Professional Standard 2018?
The RICS Property Measurement Professional Standard provides mandatory requirements on how to measure residential and office buildings in accordance with IPMS.
What is the RICS Valuation - Global Standards 2024?
The RICS Valuation - Global Standards 2024 provides mandatory practices and guidance for RICS members conducting valuations, ensuring consistency, accuracy, objectivity, and transparency in valuation reports worldwide.
What is the RICS Valuation - UK National Supplement 2023?
RICS Valuation UK National Supplement sets out specific requirements and guidance for valuations undertaken in the UK and should be used alongside the Global Standards.
What is the RICS Code of Leasing Business Premises Professional Standard 2020?
The RICS Code of Leasing Business Premises provides members with mandatory requirements and best practice recommendations when negotiating and agreeing heads of terms.
What is the RICS Real Estate Management Professional Standard 2016?
The RICS Real Estate Management Professional Statement 2016 provides requirements RICS members/firm should adhere to to ensure fairness and transparency when managing properties.
e.g. rent demands are sent in a timely manner, establishing service charge budgets that are based on value for money and recharged fairly.
What is the RICS Service Charge Professional Standard 2018?
The RICS Service Charge Professional Standard sets out best practice in the management and administration of service charges in commercial property, and provides mandatory obligations.
e.g. service charge budgets must be issued annually to tenants, must seek to recover no more than 100% of the proper or actual costs and in accordance with the lease.
What is the RICS Global Estate Agency and Brokerage Professional Statement 2016?
The RICS Global Estate Agency and Brokerage Professional Statement provides mandatory requirements when acting for a buyer/seller or when letting a property. Requirements include, confirming quoting sale price via written communication, providing recommendations of method of sale and ensuring marketing particulars include verified information.
