RICS APC Ethics Practice Questions - RICS APC Ethics, Rules of Conduct and Professionalism Test (RICS, UK) Exam - RICS APC Ethics Practice Questions - RICS APC Ethics, Rules of Conduct and Professionalism Test (RICS, UK) Exam

Question 1

A client asks an RICS member to recommend a contractor for a major refurbishment project. The surveyor's brother is the majority shareholder of one of the bidding firms. What is the correct course of action?

Recommend the brother's firm without disclosure if they are genuinely the most competitive bid Disclose the relationship in writing to the client immediately and obtain their informed written consent before including the firm Disclose the relationship verbally during a meeting and proceed without written confirmation Decline the entire instruction from the client to avoid any possible conflict of interest

Correct Answer:

Disclose the relationship in writing to the client immediately and obtain their informed written consent before including the firm

Question 2

An RICS member is asked to represent both the buyer and the seller in a commercial property transaction. According to RICS guidance on dual agency, what is the required approach?

Proceed with representing both parties by setting up internal information barriers without telling them Decline the instruction, as dual agency where a surveyor represents both buyer and seller in the same transaction is a conflict of interest that cannot be managed Represent both parties but charge a single commission fee split between them Represent both parties after obtaining verbal consent from their respective legal representatives

Correct Answer:

Decline the instruction, as dual agency where a surveyor represents both buyer and seller in the same transaction is a conflict of interest that cannot be managed

Question 3

During a competitive tender process for a construction contract, one of the bidding contractors invites the supervising RICS surveyor to an all-expenses-paid corporate golf weekend. How should the surveyor respond?

Accept the invitation as it is standard networking practice in the construction industry Politely decline the invitation to ensure impartiality and avoid any perception of bribery or bias Accept the invitation but promise the client they will remain completely objective Decline the invitation but ask if they can attend after the contract has been awarded instead

Correct Answer:

Politely decline the invitation to ensure impartiality and avoid any perception of bribery or bias

Question 4

A property developer client asks an RICS valuer to increase the valuation of a development site by 15% to help them secure bank funding. The client threatens to take their future business elsewhere if the valuer refuses. What should the valuer do?

Increase the valuation as requested, noting the developer's commercial optimism in the report assumptions Refuse to alter the valuation, stand by the independent professional analysis, and report the pressure internally Agree to a compromise increase of 7.5% to retain the client while limiting the valuation error Withdraw from the instruction immediately without explaining the reasoning to the client

Correct Answer:

Refuse to alter the valuation, stand by the independent professional analysis, and report the pressure internally

Question 5

A prospective client offers to pay an RICS surveyor a fee of £12,000 in cash for a quick building survey, requesting that no formal invoice or receipt be issued. What is the surveyor's obligation?

Accept the cash but record it manually in the firm's private log to avoid paperwork Refuse the cash payment, insist on standard invoicing procedures, and perform client due diligence in line with anti-money laundering (AML) guidelines Accept the payment and offer a discount since the firm will save on administration and tax Report the client to the police immediately without communicating with them

Correct Answer:

Refuse the cash payment, insist on standard invoicing procedures, and perform client due diligence in line with anti-money laundering (AML) guidelines

Question 1

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Prepare with the RICS APC Ethics Practice Questions - RICS APC Ethics, Rules of Conduct and Professionalism Test (RICS, UK) Exam practice quiz. This question bank includes 100 questions covering rics, surveyor, client, firm, and professional. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

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RICS APC Ethics Practice Questions - RICS APC Ethics, Rules of Conduct and Professionalism Test (RICS, UK) Exam

This practice set contains 100 questions from the matching question bank and focuses on rics, surveyor, client, firm, and professional. Work through each question carefully, review the provided solutions, and revisit topics that need more study before your next attempt.

This is an independent study resource intended for practice and review; it is not an official examination or an endorsement by any organization named in the title.

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RICS APC Ethics Practice Questions - RICS APC Ethics, Rules of Conduct and Professionalism Test (RICS, UK) Exam

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