Sub Flashcards
What did you learn from the RICS ethics assessment
I think the most useful part of this was understanding conflicts of interest and the new rules of conduct for members and firms
What is the Savills gift policy?
Any gifts above £50 must be declined. If doing so would cause offence then the gifts can be accepted but must be organised with head of office to raffle to charity or share amongst team.
What is the purpose of Countering Bribery, Corruption, Money Laundering and Terrorist Financing
3 parts (requirements, guidance, shop guidance)
Requirements part 1 B & C
- do not give or receive anything that could constitute a bribe
- report suspicion
- have systems in place to comply with law
Requirements ML & TF
- Not to facilitate or be complicit in ML
- Have systems in place to comply with law
- Report suspicion
- Carry out risk assessments
- Verify client by undertaking ID checks
What is the Estate Agents Act 1979
- Governs the work of an estate agent
- Anyone involved in the acquisition or disposal of interests in land or property.
- Two key parts are section 18 (requirement for terms of engagement) and section 21 (declaration of personal interests)
- honesty and accuracy
- absence of discrimination
- legal obligation to report offers to client
- keep clients money separate
- agreement and liability of costs
How has CPD ‘speaking with confidence’ helped your day today work
- Presentations
- Speaking with clients
- Pitch, tone, speed
What is RICS Surveying Safely 2nd edition 2018?
This sets out best practice principles for the management of health and safety for members and firms. Such as:
Workplace health & safety
Personal responsibilities
Assessing hazards and risks
Visiting premises and sites
Occupational hygiene & health
Fire safety
Residential property surveying
Procurement and management of contractors
What are the General Data Protection Regulations?
These are a set of a data protection rules that control how personal data is used by businesses, organisations and the Government.
What is the data protection act 2018?
This act governs how businesses, organisations and the Government can use data and is the UK implementation of the General Data Protection Regulations.
What is the Equality Act 2010?
Aims to legally protect people from discrimination in the work place and wider society.
What is the RICS Valuation - Global Standards 2021 (Red Book).
This sets out the mandatory requirements for members and firms carrying out valuations of land and property.
What is RICS Property Measurement 2nd Edition 2018?
Professional statement sets out the mandatory requirements in relation to IPMS for offices and residential.
It includes technical definitions and diagrams to assist members when undertaking measurement activities.
What is the code of measuring practice 6th edition 2015?
Best practice document (guidance note) for all measurement exercises accept for offices and resi.
What is the Misrepresentation Act 1967?
This act relates to misrepresentation or false statements during pre contractual enquiries that can induce the party to purchase.
Can either be innocent, negligent or fraudulent.
Civil offence
What are the Consumer Protection from Unfair Trading Regulations 2008
- Prohibit unfair business to consumer activities
- such as false or misleading information and exerting pressure on consumers.
- applies to whole instruction / sale process.
- criminal offence
What are the Business Protection from Unfair Trading Regulations 2008.
- Relate to business to business
- protection from unfair and misleading advertising
