What does ‘RICS’ stand for?
Royal Institution of Chartered Surveyors
How many UK offices does the RICS have?
4
London, Birminham, Belfast and Edinburgh
How many RICS bye-laws are there?
10
What is Bye-Laws?
- Rules made by company or society to controls the actions of its members
- The enabling principles underpinning rules and regulations.
- 10 bye-laws
RICS Bye-laws example
- Bye-Law 2: Members and Registration
- Bye-Law 4: Contributions to Funds
- Bye-Law 6: Governing Council, Officers and Staff
- Bye-Law 8: Procedure for General Meetings
- Bye-Law 10: General
What does the RICS Bye Law state about confidentiality?
Client confidentiality must be maintained at all times, historic data must be kept for 6 years minimum (15 years ideal).
What is ethics?
Moral principles that govern a person’s behavior or the conducting of an activity.
What is the difference between ethics and integrity?
Ethric - moral rules we follow
Integrity - sticking to those rules even when it’s hard
When was the RICS (The Royal Institution of Chartered Surveyors) founded?
1868
When did the RICS achieve Royal Status?
1881
What is a Royal Charter?
The Royal Charter allows the RICS to be self-governed. It maintains and promotes the usefulness of the profession for public advantage.
What is the role of the RICS?
- Maintain the highest standards of education and training.
- Protect consumers through strict regulation of professional standards.
- To be leading source of information and independent advice on land, property, construction and associated environmental issues.
What are the 5 Benefits of being an RICS member:
- Status - Your professional credentials provide unrivalled client confidence
- Recognition - Promotion of your professional excellence to governments and markets
- Market advantage - RICS status and standards gives you a competitive advantage
- Knowledge - International practice standards, professional guidance, CPD and knowledge sharing
- Network - Access to the professional worldwide
RICS Motto?
‘Modus est Rebus’ – There is measure in all things.
How many members are there in the RICS?
Over 130,000
Name the different types of RICS memberships?
- FRICS
- MRICS
- AssocRICS
- Trainee/Student
How do you become an FRICS?
- 5 or more years in MRICS
- Leadership role
- Professional or Technical Achievement
- Academic Achievement or raised profile of the RICS
RICS CPD requirements?
20hrs per year (10hrs formal – clear learning objective or outcome)
Or training is 48 with 50% formal
