FAQ: How long should I retain documentation?
FAQ: How long should I retain documentation?
- RICS Knowledge and Information Service, Last reviewed 23rd January 2023
- RICS FAQ .
15 years for e.g. Home Surveys 4.13 https://www.rics.org/globalassets/rics-website/media/qualify/home-survey-standard-nov-2020.pdf
The RICS risk and liability insurance document https://www.rics.org/uk/upholding-professional-standards/standards-of-conduct/risk-liability-and-insurance/ refers to limitation periods and document retention (2.7.8 and 2.7.9).
Depending on the type of files and where you are based there may be other statutory considerations which we couldn't individually comment on.
We understand the professionals involved in one case decided that where the blocks are abutted but there is no connecting floors/stairs etc that they are separate blocks – but each case has to be decided on its own merits as they will likely be unique.
Document retention
15 years for e.g. Home Surveys 4.13 https://www.rics.org/globalassets/rics-website/media/qualify/home-survey-standard-nov-2020.pdf
The RICS risk and liability insurance document https://www.rics.org/uk/upholding-professional-standards/standards-of-conduct/risk-liability-and-insurance/ refers to limitation periods and document retention (2.7.8 and 2.7.9).
Depending on the type of files and where you are based there may be other statutory considerations which we couldn't individually comment on.
We understand the professionals involved in one case decided that where the blocks are abutted but there is no connecting floors/stairs etc that they are separate blocks – but each case has to be decided on its own merits as they will likely be unique.
Document retention