Summaries Documents

Question 1

RICS Rules of Conduct - Set Standards

Answer 1

The RICS Rules of Conduct set professional and ethical standards for RICS members and regulated firms, focusing on integrity, competence, and accountability.

Key principles include:
1. Act with Integrity – Be honest and transparent.
2. Provide High Standards of Service – Ensure competence and diligence.
3. Promote Trust in the Profession – Uphold the profession’s reputation.
4. Treat Others with Respect – Show fairness and courtesy.
5. Take Responsibility – Be accountable for actions.

Members must maintain competence through Continuous Professional Development (CPD), follow laws, and cooperate with RICS investigations. Firms must manage client care, complaints, and maintain Professional Indemnity Insurance (PII). RICS oversees compliance and may take disciplinary action for breaches.

Question 2

RICS Rules of Conduct - Representing RICS

Question 3

Bribery Act 2010

Answer 3

The Bribery Act 2010 (UK) establishes comprehensive anti-bribery laws aimed at preventing corruption in both the public and private sectors. Its key provisions include:

1. Offenses:
   - Offering, promising, or giving a bribe: It’s illegal to offer or give a financial or other advantage to someone with the intent of inducing improper performance of a relevant function or activity.
   - Receiving a bribe: It’s an offense to request, agree to receive, or accept a bribe for improper performance of a function or activity.
   - Bribery of foreign public officials: It criminalizes offering a bribe to influence a foreign official for business advantages.
   - Failure of commercial organizations to prevent bribery: Companies can be held liable if they fail to prevent bribes being given on their behalf by employees or associates.
2. Corporate Responsibility:
   Companies can avoid liability by proving they have implemented “adequate procedures” to prevent bribery.
3. Penalties:
   - Individuals found guilty can face up to 10 years in prison and/or unlimited fines. Companies can also face unlimited fines.

The Act applies both in the UK and abroad, holding UK individuals and businesses accountable for bribery anywhere in the world.

Question 4

LSH Gift handling proceedure

Question 5

LSH Anti-bribery policy

Question 6

LSH Non-disclosure agreement policy

Question 7

RICS Rules of Conduct

Question 8

RICS Professional Standards: Conflicts of interest (2018, reissued 2023)

Question 9

LSH Complaints handling procedure

Question 10

RICS Professional Standard: Complaints Handling (2016, reissued 2023)

Question 11

RICS Guidance Note: ‘Surveying Safely’ 2nd edition (effective 2018)

Question 12

Health and Safety at Work Act 1974

Question 13

LSH Working from home / Physical Health

Question 14

RICS Dispute Resolution Services

Question 15

RICS Sustainability Report 2023

Question 16

RICS (2016) Building Inclusivity: Laying the foundations for the future

Question 17

Data Protection Act 2018

Question 18

General Data Protection Regulation 2016

Question 19

RICS Valuation - Global Standards (2022) ‘Red Book’

Question 20

UK National Supplement (2024)

Question 21

Professional Standard: Comparable Evidence in Real Estate Valuation 1st edition (2019, reissued 2023)

Question 22

RICS Code of Measuring Practice 6th edition

Question 23

RICS Property Measurement, 2nd edition

Question 24

IPMS: All buildings (2023)

Question 25

The Landlord and Tenant Act 1954

Question 26

RICS Professional Standard: Code for Leasing Business Premises (2020, reissued 2023)

Question 27

UK Commercial Real Estate Agency (2016) 1st Edition

Question 28

Estates Agents Act 1979 (effective 1982)

Question 29

12 Core Principles from UK Commercial Real Estate Agency (2016) 1st Edition

Question 30

Misrepresentation Act 1967