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.
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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.
27 Jan 2016
This joint guidance from the Canadian Institute of Quantity Surveyors (CIQS) and RICS provides advice to construction professionals who are RICS members engaged in the practice of project monitoring.
© RICS 2018
© RICS 2018