RICS Ethics quiz
RICS Ethics Quiz
Test your knowledge of RICS and its ethical standards with this engaging quiz. Designed for professionals in the property industry, this quiz will help you better understand the principles that govern your work.
- 12 comprehensive questions
- Multiple choice format
- Immediate feedback on your answers
What are the roles of RICS? (2 answers)
Regulate everything that members do
Enforce legislation on members on behalf of Government
Global leading professional body promoting the highest standards in the property industry
Gold standard of professional regulation
Which of these are part of RICS' structure? (5 answers)
Governing Council
Governing Chamber
Management Council
Executive Team
Regulatory Board
Management Board
Executive Council
Presidential Team
What are the 5 principles of better regulation?
Transparent
Focussed
Proportional
Accountable
Compliant
Consistent
Targetted
Reliable
Enforceable
What are the 5 RICS ethical & professional principles?
Act with integrity
Be accountable for your actions
Always provide a high standard of service
Treat others as you would like to be treated
Take responsibility
Provide the best standard of service
Treat others with respect
Act in a way that promotes trust in the profession
Always act in the interest of your client
Where would you find the RICS' requirements for Professional Indemnity Cover? (1 answer)
Rule 3 Rules of Conduct for Members
Rule 7 Rules of Conduct for Firms
Rule 9 Rules of Conduct for Firms
In relation to Professional Indemnity Insurance, what is the minimum limit of indemnity for turnover under £100,000 (in the preceding year)? (1 answer)
£500,000
£200,000
£250,000
£100,000
How many years after an instruction has been completed can a Professional Indemnity Insurance claim be made? (1 answer)
12 years
6 years
15 years
What type of cover would you need to cover a claim brought after a firm or member ceases to trade? (1 answer)
Post-trade cover
Run off cover
Limitation liability cover
What is the name of the RICS guidance on bribery and money laundering and when is it effective from?
Guidance Note - Countering bribery and corruption, money laundering and terrorist financing, effective 1 September 2019
Professional Statement - Countering bribery and corruption, money laundering and terrorist financing, effective 1 September 2019
Professional Statement - Countering bribery and corruption, money laundering and terrorist financing, effective 1 April 2019
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