RICS definition
Examples of RICS in a sentence
Customers may require independent stand alone valuations which can take a number of forms including: In accordance with RICS Valuations – Professional Standards 2012 Valuations for financial reporting purposes, including capital charges, undertaken in accordance with the prevailing accounting standards as interpreted for the UK public sector and current professional standards guidance.
If agreement cannot be reached on a dispute,then mediation will be through RICS (Royal Institution of Chartered Surveyors).
Valuations to the appropriate Framework standards (including RICS Valuations – Professional Standards 2012 (the ‘Red Book’)) are to be provided by the Supplier where necessary in the provision of theServices outlined above.
The Surveyor will follow the guidance given in Surveying Safely issued by the RICS in April 1991, which incorporates the guidance given in Guidance Note INDG405 on the safe use of ladders and step ladders issued by the Health and Safety Executive.
Our surveyors have the competency to carry out the report on the Property, with valuations carried out by those registered under the RICS Valuers Registration Scheme.