Guidance notes provide advice to practitioners on all aspects of the profession. Where procedures are recommended for specific professional tasks, these documents are intended to embody 'best practice'.
All practitioners must inform themselves of new and updated guidance notes within a reasonable time of their promulgation in order to remain professionally competent. When an allegation of professional negligence is made against a surveyor, the court is likely to take into account any relevant guidance notes published by RICS in deciding whether or not the surveyor acted with reasonable competence.
RICS members can freely download PDF versions of our guidance notes. Hard copies of all RICS professional guidance publications can be bought from the RICS Shop.
Showing 1 - 7 of 7 results
20 May 2015
This guidance note covers the valuation of intellectual property (IP), a subset of intangible assets. Its purpose is to expand on the IVS 2013 and the Red Book in order to clarify the legal, functional and economic characteristics of IP valuers should consider and report on in an IP valuation.
19 Aug 2015
The purpose of this guidance note is to assist the valuer in the provision of leasehold reform valuation advice whether they are acting for the freeholder (landlord), intermediate landlord or tenant.
28 Apr 2011
Using illustrative examples, this note examines the concept of EUV (existing use value), as defined in our Valuation Standards (the ‘Red Book’).
27 Aug 2010
This guidance focuses on discounted cash flow valuation in the particular context of commercial property investments.
22 Jun 2006
Written mainly for auctioneers, this thorough and practical document details best practice for conducting public auctions of antiques, fine art and chattels in England and Wales.
17 Dec 2010
Written in relation to property in England and Wales, this note offers detailed guidance on the capital and rental valuation of public houses, bars, restaurants and nightclubs.
27 Apr 2016
This guidance note aims to assist practitioners in the approach to the valuation of affordable housing development land. The focus is on the valuation of land for housing and flats but the principles are broadly adaptable for other types of affordable housing, such as special needs and sheltered housing accommodation.
© RICS 2018
© RICS 2018