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Charis APC > Ella Mock Interview > Flashcards

Ella Mock Interview Flashcards

1
Q

CS: Prior to instruction, why do you carry out AML checks ?

A
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2
Q

CS: How do you carry out Conflicts ? and what do they get checked against ?

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3
Q

CS: What is the point of a COI check ?

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4
Q

CS: Issues LSH Standard LoE - on a joint sole agency basis - what does this mean ?

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5
Q

What are the different basis of agency in LOE ?

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6
Q

CS: Can you tell me about the local industrial market

A

+ General market commentary

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7
Q

CS: When you inspected you identified the age - bec of the age what defects are you looking for ?

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8
Q

CS: if you found Japanese Knotweed, how would you identify it ?

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9
Q

CS: In your accommodation table you note the areas of the unit - what is the usual percentage of office in a warehouse

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10
Q

CS: can you name any further institutional characteristics of a warehouse unit

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11
Q

CS: you gave comp evidence to get to an ERV - did you treat an under offer estate evidence the same as other evidence ?

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12
Q

CS: What needs to be included in the marketing brochure ?

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13
Q

CS: is there any particular legislation you need to abide by when making a marketing brochure ? what does this legislation say ?

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14
Q

CS: what legislation relates to marketing boards ?

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15
Q

CS: you mentioned a forensic examination of the covenant - what does this mean ?

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16
Q

CS: in terms of competence and the profits test - what is the profits test ?

A
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17
Q

CS: in your proposal you stated the schedule of condition was requested - what is a schedule of condition ?

A
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18
Q

Who would draft a schedule of condition ?

A

Building surveyor

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19
Q

CS: Did you advise your client to exclude the letting from security of tenure

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20
Q

What does security of tenure mean ?

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21
Q

Inspection: How would inspection differ from agency to valuation ?

A
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22
Q

Inspection: if you were inspecting a unit with a colleague, and they hurt themselves, what would you do ?

A

Check you are ok first.

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23
Q

Inspection: Prior to inspection, what form do you fill out ?

A
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24
Q

Inspection: Can you name 5 types of PPE ?

A

Hard hat, high vis jacket, steel toe cap boots

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25
Q

Inspection: Can you name an potential hazardous materials on site ?

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26
Q

Inspection: Can you talk about the concept of a safe person ?

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27
Q

H&S: What is the health and safety legislation that rules over the UK ?

A
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28
Q

H&S: What is the RICS regulation regarding Health and Safety

A

Surveying Safely

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29
Q

Measurement: What does GIA mean ?

A
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30
Q

Measurement: What is excluded in GIA ?

A
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31
Q

Measurement: Would you include a mezzanine in GIA

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32
Q

Measurement: Would you include a loading canopy in GIA

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33
Q

Measurement: Would you include a fire esacape in GIA ?

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34
Q

Measurement: What is the difference between IPMS 3 and GIA for measuring offices

A
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35
Q

Measurement: is there any IPMS for Industrial property ?

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36
Q

Measurement: Do you know when any IPMS for industrial could be brought in ?

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37
Q

Measurement: What is the standard office specification ceiling height ?

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38
Q

Measurement: What would the eaves be on a 50k sq ft warehouse on a brand new unit ?

A
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39
Q

Measurement: what is the difference with clear internal height and apex ?

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40
Q

Measurement: how do you measure the apex ?

A
41
Q

Vals: What are the 5 methods of valuation

A
42
Q

Vals: can you give an example of when you would use the profits method ?

A
43
Q

Vals: you used ITZA when valuing a retail unit - is that a meathod of measurement ?

A
44
Q

Vals: why and how far is each Zone A in measuring ITZA

A
45
Q

Vals: How do you do a term and reversion ? And you can draw this out if you like.

A
46
Q

Vals: When would you do a term and reversion ?

A
47
Q

Vals: Why would the yeild be lower for the term than the reversion ?

A
48
Q

Vals: What is a yeild ?

A
49
Q

Vals: As a valuer why would you need professional indemnity insurance ?

A
50
Q

Data Management: What is DGPR ?

A
51
Q

Data Management: Is this applied in the UK ?

A
52
Q

Data Management: When was the UK Data Protection act introduced

A
53
Q

Data Management: Do you know the 8 rights in UK GDPR

A
54
Q

Data Management: What are the principles in UK GDPR

A
55
Q

Data Management: How do you secure your data ?

A
56
Q

Data Management: Where do you store your data ?

A
57
Q

Data Management: Whats the problem with printed data ?

A
58
Q

L&T: What time limits apply to LR notices ?

A
59
Q

L&T: What method did you use to Value the retail method in Enfield ?

A
60
Q

L&T: What specific retail method did you use to value this ?

A
61
Q

L&T: Can you explain valuing ITZA ?

A
62
Q

L&T: When would you recomend that a LL serves notice in a protected LR

A
63
Q

L&T: Can you tell me about any notable sections of the Landlord and Tenant Act 1954 ?

A
64
Q

L&T: What kind of tenancy are covered by the landlord and tenant act

A

Commercial tenancies

65
Q

L&T: For you Aylesbury example, why did you advice you client not to go to court ?

A
66
Q

L&T: You mention time is of the essence, how did you know this was the case ?

A
67
Q

L&T: What is the difference between a lease and a licence ?

A
68
Q

L&T: What characteristics make a lease a lease ?

A
69
Q

Leasing and Letting: Can you guide me through your example letting in Witham

A
70
Q

Leasing and Letting: What is Shell condition ?

A
71
Q

Leasing and Letting: did the property being in shell condition effect your negotiation ?

A
72
Q

Leasing and Letting: how did you identify the rent free agreed ?

A
73
Q

Leasing and Letting: Are there any alternatives to rent depositis

A

A gaurantor

74
Q

Leasing and Letting: What is a Garuantor ?

A

What documents apend to a lease with a gaurantor - AGA

75
Q

Leasing and Letting: What is required with storing money for a rent deposit ?

A
76
Q

Leasing and Letting: what legislation around storing deposit money

A
77
Q

Leasing and Letting: Can you talk about the RICS Code of leasing business premises 2020

A
78
Q

Leasing and Letting: What are the appended documents in the RICS Code of leasing business premises 2020

A
79
Q

Leasing and Letting: can you name 10 items included within a heads of terms document ?

A
80
Q

Purchase and Sale: What are the 4 methods of purchase and sale ?

A

Informal tender
Formal tender
private treaty
auction

81
Q

Purchase and Sale: Whats the difference between informal and formal tender ?

A
82
Q

Purchase and Sale: For informal tender, when you request bids, what is included on a request for bids letter ?

A
83
Q

Purchase and Sale: When making an offer what do you include in the offer letter ?

A
84
Q

Purchase and Sale: Why is the funding strategy important ?

A
85
Q

Purchase and Sale: Are there any RICS documents that guide on purchase and sale ?

A
86
Q

Ethics: What are the 5 rules of conduct ?

A
  • honesty and integrity
  • maintain and act competently
  • provide high quality and diligent service
  • treat others with respect
  • act in the publics interest
87
Q

Ethics: Can you provide an example in relation to Rule 4 ? diversity and inclusion

A
88
Q

Ethics: Assuming you qualify and are going to set up your own business, and what to be RICS accredited, what do you have to do ? VERY TYPICAL QUESTION

A

Complaints handling doc
RICS Logos
PI Insurance - know why you would have it and some case law for it

89
Q

Ethics: Why do you want to be RICS accredited ?

A
90
Q

Ethics: What are the benefits to being RICS accredited ?

A
91
Q

Ethics: you arrive at a client meeting, just you and the client and they get abusive, what do you do ?

A
92
Q

Ethics: You have completed a deal and are attending an appropriate meal, but party after at a club and see them doing elicit drugs, what would you do ?

A
93
Q

Ethics: In terms of rules of conduct and receiving gifts, what is the company policy on gift receiving ?

A
94
Q

Ethics: you are in the pub and a colleague is getting drunk af what do you do ?

A
95
Q

Ethics: you have completed a transaction, and get offered £2,000 cash from the occupier, what do you do ?

A

Do not accept it

96
Q

Ethics: Are there any recent cases that have been through the courts that have interested you ?

A
97
Q

Ethics: in terms of fee negotiations, how would you go about that ?

A
  • market appropriet fees
  • no other party undercutting
98
Q

Ethics: Terms of engagement - before issuing what must you do ?

A
  • check you are competent and COI checks
99
Q

Ethics: If there is a conflict, are you able to act on a job ? How would you manage it ?
Would you report the conflict ?

A

Charis APC (10 decks)

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