Case Study Flashcards
How did you consider the subject rent?
What adjustments did you make to the subject rent?
What adjustments did you make the CMR?
You mentioned you inspected inline with VPS 2, what does this mean?
What is the definition of NIA?
What is the difference between NIA from the RICS Code of Measuring Practice and GN60?
What is the difference between Current Market Rent and Market Rent basis of value?
Market Rent: Relates to clean slate scenario, disregarding any exisiting lease or tenant conditions
Current Market Rent: Considers exisiting lease terms and conditions in place and for DRRS these are in relation to the premise cost directions and the lease where applicable
Main changes in 2024 PDC’s?
- Tandum Parking not included unless NHS advise otherwise
- AC not included
- 12 week deadline to settle a negoitation (ICB can give extension)
- ICB/NHS can now instruct an appointed valuer (not just DVS)
ICB intergrated care board!!