1st edition, practice note ... a copy of the cr format is included with the practice note, along...

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  • Reflecting changes in the home buying and selling process, and feedback from consumers and members, RICS has developed the RICS Condition Report (CR) 2010. This practice note will give you all the practical guidance you need to deliver this new residential report.

    The CR is a client-facing product designed to extend fee-earning opportunities for surveyors. This edition of the practice note applies to England, Wales, Northern Ireland, Channel Islands and Isle of Man. In Scotland, the single survey applies.

    Central to the report are colour coded condition ratings. These rankings are an established feature in property condition surveys. It is vital that members are confident with the principles of applying condition ratings to a property, including how to accommodate ‘serious and/or urgent defects’, ‘further investigation’ and ‘normal maintenance’. Members must also be able to identify ‘risks’ and report them in an appropriate manner. This practice note will explain these principles, along with your professional obligations and practice requirements under the scheme.

    A copy of the CR format is included with the practice note, along with the supporting documents for the scheme: ‘Description of the RICS Condition Report Service’ (including ‘standard terms of engagement’), ‘RICS Home Surveys Information Sheet’ and ‘What to do now’.

    Coverage includes:

    • Professional obligations

    • Requirements and scope of the service

    • The contract

    • Compiling the report

    • The documentation

    • The report form

    • Checklists

    • Definitions of key terms.

    For regularly updated information about all RICS Home Surveys products, please visit www.rics.org/homesurveys.

    1st edition, practice note

    R IC

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    itio n R

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  • RICS Condition Report

    RICS practice note

    1st edition

  • Published by the Royal Institution of Chartered Surveyors (RICS)

    Surveyor Court

    Westwood Business Park

    Coventry CV4 8JE

    UK

    www.ricsbooks.com

    No responsibility for loss or damage caused to any person acting or refraining from action as a result of the material included in this publication can be accepted by the authors or RICS.

    Produced by the Residential Property Group of the Royal Institution of Chartered Surveyors.

    ISBN 978 1 84219 632 8

    © Royal Institution of Chartered Surveyors (RICS) March 2011. Copyright in all or part of this publication rests with RICS, and save by prior consent of RICS, no part or parts shall be reproduced by any means electronic, mechanical, photocopying or otherwise, now known or to be devised.

    Printed in Great Britain by Annodata Print Services, Dunstable, Beds

  • RICS CondItIon RepoRt pRaCtICe note | iii

    Contents

    Status of this practice note 1

    Introduction 2

    Part A: The practice note 3

    1 professional obligations 3

    2 Requirements and scope of the RICS Condition Report Service 4

    3 the contract 5

    4 Compiling the report – commentary and guidance 6

    Part B: The documentation 12

    RICS Home Surveys Information Sheet 13

    Commentary on particular elements of the description of the RICS Condition Report Service 16

    description of the RICS Condition Report Service, with the standard terms of engagement 17

    What to do now 21

    Part C: The report form and checklists 22

    a Introduction to the report 25

    B about the inspection 26

    C Summary of the condition ratings 29

    d about the property 31

    e outside the property 35

    F Inside the property 39

    G Services 43

    H Grounds (including shared areas for flats) 47

    I Issues for your legal advisers 49

    J Risks 51

    K Surveyor’s declaration 53

    description of the RICS Condition Report Service 54

    typical house diagram 56

    Part D: Appendices 57

    a definitions of the RICS Condition Report Service key terms 58

    B the RICS Condition Report Service – checklist of professional obligations 59

    C Relevant RICS guidance sources 60

    d the contract – checklist for each commission 61

    e the RICS Condition Report Service Copyright Licence Scheme 62

  • iv | RICS CondItIon RepoRt pRaCtICe note

  • RICS CondItIon RepoRt pRaCtICe note | 1

    Status of this practice note

    Surveyors accepting instructions to provide reports under the RICS Condition Report Service must comply with the conditions set out in this practice note.

    It is necessary to use the specified forms, also described here, without variation. no departure from this mandatory practice note is permitted.

    When an allegation of professional negligence is made against a surveyor, the court is likely to take account of any relevant practice notes in deciding whether or not the surveyor acted with reasonable competence. Failure to comply with this practice note is likely to be judged to be negligent.

    In the opinion of RICS, a surveyor conforming fully to the requirements of this practice note should have at least a partial defence to an allegation of negligence by virtue of having followed those requirements.

    those surveyors using the report forms must take out an RICS Condition Report Service Copyright Licence, which authorises them to use the RICS Condition Report Service material in england, Wales, northern Ireland, the Channel Islands and the Isle of Man.

  • 2 | RICS CondItIon RepoRt pRaCtICe note

    Introduction

    the 1st edition of the RICS Condition Report practice note comprises the following parts:

    • Part A: The practice note

    • Part B: The documentation

    • Part C: The report form and checklists

    • Part D: Appendices.

    Standard terminology arranged in the following table are the full title, short form and initials of the main elements and documents of the service. these are to be used consistently and in all cases without variation. (See appendix a for other key terms used throughout this practice note.)

    Full title Short form Acronyms

    description of the RICS Condition Report Service — dCS

    instructions to proceed the instructions —

    RICS Condition Report the report CR

    RICS Condition Report practice note the practice note pn

    RICS Condition Report Service the service CRS

    RICS Condition Report Service Copyright Licence the copyright licence —

    RICS Home Surveys Information Sheet — HSIS

    standard terms of engagement — Ste

  • RICS CondItIon RepoRt pRaCtICe note | 3

    Part A: The practice note

    1 Professional obligations

    1.1 Compliance

    In the interest of maintaining the highest professional standards, every surveyor must comply with the content of this practice note. (See also appendix B for a checklist of professional obligations.) a surveyor accepting instructions under the RICS Condition Report Service (CRS) must be an assocRICS, MRICS or FRICS member and must fulfil all such commissions in full compliance with the following:

    • the practice note (PN);

    • the Description of the CRS (DCS) and the standard terms of engagement (Ste) that sits within it;

    • the RICS Condition Report Service Copyright Licence (see subsection 1.7); and

    • all guidance published by RICS relating to the inspection of residential property (see appendix C).

    1.2 Care and diligence the surveyor has a professional duty of care and diligence. the CRS is founded on a set of commitments made to the client in the Ste, which sits within the dCS. Both the dCS and Ste are reflected throughout this pn and include an obligation to give the client the benefit of the surveyor’s professional judgment, in addition to the simple facts. they also spell out clearly and unambiguously not only what will be provided in the service, but also what will not.

    the surveyor alone must judge the exact extent of the inspection of a particular property and make the decision on whether or not to include particular items in the RICS Condition Report (CR). the surveyor also has to determine with care which:

    (a) matters are to be included for any of the reasons specified in the DCS; and

    (b) condition ratings to apply to the elements of the property.

    these decisions are made on the basis of the surveyor’s training, knowledge and experience, and

    the surveyor must be prepared to stand by them.

    1.3 Competence the inspection of the building and grounds for the CRS is less extensive to that for the RICS HomeBuyer Service and for a building survey (see the RICS Home Surveys Information Sheet (HSIS)). the degree of detail and extent of reporting is also substantially less than both.

    the service requires an adequate level of competence in surveying the type of property for which the service is suitable.

    1.4 Sufficient knowledge Both the dCS and Ste indicate that the surveyor has sufficient knowledge of the construction type and the area in which the property is situated. Subsection 2.3 describes the type of property to which the service applies.

    the surveyor must be familiar with the characteristics of the local area in order t

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