This sets out the core professional obligations for members and firms.
Professional Obligations Mandatory for RICS Members
Obligations Mandatory for RICS-Regulated Firms
Scenario
You are a chartered surveyor working for a small firm specializing in commercial property valuations. As part of your role, you are currently valuing a large office block for a potential buyer. During your research, you uncover potentially serious structural issues with the building that could significantly impact its market value. You suspect the current owner may have withheld this information from potential buyers, including the seller's agent.