DeLever Questions Flashcards
What made you think you had sufficient knowledge and experience to undertake the project? (Case Study)
The project was an internal instruction.
How did you calculate the site area in the Sale Plan? (Case Study)
I used my Client’s GIS mapping software to measure the site area to be sold, excluding the northern element of the site, and land underneath the viaduct. This was then sent to my Client’s Land Information team who confirmed the measurements and produced a sale plan.
On what basis did you measure the property? (Case Study)
In line with RICS Land Measurement for Planning and Development Approvals I measured the land on 3 basis.
- Land ownership area prior to submitting the internal clearances.
- Site Area following the internal clearances.
- on a GIA basis for the buildable area, providing an allowance for externals.
- I measured the workshops on a GEA basis as per the Code of Measuring Practice 2015.
Was an EPC rating required? (Case Study)
Yes - an EPC rating was required for the outbuildings as the site had been let out. It would also have been required for the land sale.
What identity checks did you carry out? (Case Study)
The property is yet to be sold or marketed and we are aiming for a sale later this financial year via an auction route.
The level of identity checks would depend on the purchaser.
For a private individual I would request a:
1. Valid passport / driving licence with photo.
2. Copy of bank statement / credit card bill / council tax statement / utility bill with address and not more than 3 months old.
For a private limited company I would request a:
1. Certificate of Incorporation
2. Full name, registered number, registered office, business address.
3. Names of all directors and shareholders with 25% or more holding.
For a public body I would confirm:
1. Government ownership / control.
For a public limited company I would confirm:
- That it was listed on a regulated market such as the London Stock Exchange
What was the basis of your fee?
I am a client-side surveyor and I do not take instructions on a fee-earning basis.
I am aware that fees should be market based and can be based on number of basis including:
- A fixed fee or fixed stages fee
- Incentivised fee (e.g based on uplift achieved)
- an hourly rate.
What AML documentation is required and how do you confirm its validity (Case Study)
The property is yet to be sold or marketed and we are aiming for a sale later this financial year via an auction route.
The type of AML documentation would depend on the purchaser:
For a private individual I would request a:
1. Valid passport / driving licence with photo.
2. Copy of bank statement / credit card bill / council tax statement / utility bill with address and not more than 3 months old.
For a private limited company I would request a:
1. Certificate of Incorporation
2. Full name, registered number, registered office, business address.
3. Names of all directors and shareholders with 25% or more holding.
For a public body I would confirm:
1. Government ownership / control.
For a public limited company I would confirm:
- That it was listed on a regulated market such as the London Stock Exchange
To confirm its validity I may check against companies house, the register of overseas entities, checking on open searches such as google and the Public Register of Authentic Identify and Travel documents online.
Briefly describe Surveying Safely?
COVER:
Structure:
- Personal responsibilities for RICS members and firms.
- Assessing Hazards and Risks
- Workplace health & Safety
- Occupational Hygiene and Health.
- Visiting premises and sites.
- Fire safety.
- Residential property surveying.
- Procurement and management of contractors.
The guidance note sets out:
- Basic, good practice principles for the management of health and safety for RICS-regulated firms and RICS members.
- Principles for those engaged in the build environment as property professionals and includes health and safety responsibilities at a corporate level and individual level.
What are some of the key areas of advice in Surveying Safely?
RICS Firms must:
1. Provide safe equipment / systems of work and a safe working environment.
2. Provide competent staff.
3. Ensure individuals accept responsibility for their own actions and have the tools to do their job safely.
The document also provides advice on fire-safety, legal considerations and duties such as asbestos.
and recommends individuals accept responsibility for their own actions.
The document also covers PPE, Lone working arrangements and assessing hazards and risks.
Explain the Process you undertook form your first interaction with the client through to selling the property?
- Checked competence / CoI
- Met with client
- Conducted due diligence and gathered information.
- Conducted inspection & measurement.
- Submitted clearances, resolved objections and made recommendations to client.
- Submitted LC17.
- Undertook Planning & Development Appraisals.
- Had a more senior colleague review appraisals.
- Made recommendations to client.
Since instruction has been finalised I have written a land strategy paper which authorised more spending. We are currently awaiting Architects drawings to support a pre-application to de-risk the site in anticipation of a sale later this year.
What desk based due diligence did you do prior to your inspection?
- Read the existing lease to identify any break clauses and confirm it was contracted out of the L&T Act 1954.
- Reviewed existing information held on my client’s systems including my clients historic reports for lease renewal and rent review purposes.
- Checked my Client’s ARMS report to determine if there was any asbestos present on site.
- Undertook a desktop survey of the site reviewing access / gateways / the character of the general area and
