This professional statement provides RICS members and RICS regulated firms with mandatory requirements when acting on the open market sale or acquisition of a commercial investment real estate opportunity in the UK in order to avoid conflicts of interest prejudicial to their clients’ best interests.

It covers:

  • Introduction, effective date and application in the UK
  • Dual agency, including related firms
  • Multiple introductions
  • Incremental advice

Watch: Stay updated on this new mandatory requirement

This video provides you with an overview of the professional statement, and is targeted at those RICS professionals and regulated firms acting on the open market sale or acquisition of a commercial investment real estate opportunity in the UK in order to avoid conflicts of interest prejudicial to their clients’ best interests.

The video will provide you with an overview of:

  • Why addressing conflicts of interest is important, effective date and application in the UK.
  • Definitions used in the professional statement.
  • Dual agency, including related firms.
  • Multiple introductions.
  • Incremental advice.
  • Views from industry stakeholders as to why this professional statement matters to them and the impact it will have on the industry.

See also the global professional statement, Conflicts of interest.



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