RICS professionals are urged to help shape a new standard that will inform the way property measurement is undertaken.
RICS Property Measurement 2nd Edition is an update to the professional statement that will ensure RICS professionals provide consistent property measurements to their clients. It will enhance transparency and enable greater comparability across property markets.
In seeking feedback on all aspects of the new property measurement standard, RICS will ensure that the standard incorporates agreed international rules on measuring residential buildings. It will also reflect the views and opinions of professionals and their clients around the world.
Share your insights
As a way of professionalising the property industry more broadly, RICS is also inviting anyone undertaking, commissioning or using property measurement information to share their insights.
The development and use of globally benchmarked standards, such as RICS Property Measurement 2nd Edition, is a major step in professionalising surveying practices. It ensures that our professionals are at the forefront of new measurement practices and in step with evolving professional trends that instill confidence in global markets. We are working with other organisations, internationally, to develop and introduce common standards for property measurement that enhances transparency and comparability in the marketplace. In doing so we’re elevating the status of the profession in the markets in which we operate.
A three-month consultation period has been provided to seek as much feedback from professionals, stakeholders and partners across the industry. The consultation will be available on the RICS i-Consult online portal from 1 May to 31 July 2017.
Take part in the consultation
The update to this RICS Property Measurement 2nd Edition incorporates International Property Measurement Standards (IPMS), a globally agreed set of rules on property measurement. RICS Property Measurement 1st Edition became mandatory for RICS professionals last year. Following feedback received on that standard, RICS has updated and simplified guidance on the mandatory nature of the 2nd Edition, which is set out in the consultation draft.
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