Conduct Rules, Ethics and Professionalism

Question 1

How did you ensure your advice remained impartial during the lease assignment?

Answer 1

I followed RICS professional standards and prioritised my client’s interest while treating the tenant fairly. I avoided conflicts of interest and disclosed all material facts objectively.

Question 2

What ethical considerations did you take into account when advising both parties?

Answer 2

I ensured compliance with lease terms, avoided misleading either party, and maintained confidentiality. I ensured the tenant understood their obligations without providing legal advice beyond my remit.

Question 3

What would you do if you discovered the outgoing tenant was withholding financial information?

Answer 3

I would inform the client and request full disclosure from the tenant. If the issue persisted, I would advise the client to withhold consent for the assignment or proceed cautiously, potentially requiring a higher level of security.