RICS Ethics Test case studies
RICS Ethics Test · Put your knowledge to work in context.
The RICS Ethics Test is the ethics component of the assessment pathway run by the Royal Institution of Chartered Surveyors (RICS), the globally recognised professional body whose stated aim is to effect positive change in the built and natural environments. RICS describes itself as developing and enforcing leading international standards, protecting consumers and businesses by ensuring professionalism across the built and natural environment, with its regulatory functions relating to standards and professional development led and overseen by the Standards and Regulation Board (SRB). Candidates typically encounter ethics within RICS candidate assessment and professional development, and the subject matter is directly relevant to anyone working toward or maintaining professional status. This independent study page covers three areas: rules of conduct; professional and ethical standards; and reporting concerns and regulatory compliance. The RICS Ethics Test case studies are 5 cases and about 3,082 words.
1The £9.2m instruction
You are an MRICS valuer in a 12-partner firm. A lender instructs you to value a 48-unit build-to-rent block for a £6.8m loan.
672 words, about 3 min2The £85,000 client-account transfer
You are the finance manager of a 60-person RICS-regulated firm managing 320 residential tenancies. On 30 June the monthly client-account reconciliation shows £2.14m in the bank but £2.225m on the client ledgers: an £85,000 shortfall.
630 words, about 3 min3The cash buyer with a government contact
You are an MRICS chartered surveyor in a firm that also provides agency services. A new client wants to buy a £1.25m office unit through a company registered in a secrecy jurisdiction.
603 words, about 3 min4The fire-safety template
You are a general practice chartered surveyor with 14 years' experience in commercial property. A lender instructs you to inspect and certify the external wall system of an 18-storey residential tower before a remediation funding decision.
586 words, about 3 min5The contractor's consultancy offer
You are the client's project monitor on a £6m refurbishment of a listed hotel. The contractor is three weeks behind and has submitted a £420,000 interim payment application.
591 words, about 3 min