Ella Mock Interview Flashcards
CS: Prior to instruction, why do you carry out AML checks ?
CS: How do you carry out Conflicts ? and what do they get checked against ?
CS: What is the point of a COI check ?
CS: Issues LSH Standard LoE - on a joint sole agency basis - what does this mean ?
What are the different basis of agency in LOE ?
CS: Can you tell me about the local industrial market
+ General market commentary
CS: When you inspected you identified the age - bec of the age what defects are you looking for ?
CS: if you found Japanese Knotweed, how would you identify it ?
CS: In your accommodation table you note the areas of the unit - what is the usual percentage of office in a warehouse
CS: can you name any further institutional characteristics of a warehouse unit
CS: you gave comp evidence to get to an ERV - did you treat an under offer estate evidence the same as other evidence ?
CS: What needs to be included in the marketing brochure ?
CS: is there any particular legislation you need to abide by when making a marketing brochure ? what does this legislation say ?
CS: what legislation relates to marketing boards ?
CS: you mentioned a forensic examination of the covenant - what does this mean ?
CS: in terms of competence and the profits test - what is the profits test ?
CS: in your proposal you stated the schedule of condition was requested - what is a schedule of condition ?
Who would draft a schedule of condition ?
Building surveyor
CS: Did you advise your client to exclude the letting from security of tenure
What does security of tenure mean ?
Inspection: How would inspection differ from agency to valuation ?
Inspection: if you were inspecting a unit with a colleague, and they hurt themselves, what would you do ?
Check you are ok first.
Inspection: Prior to inspection, what form do you fill out ?
Inspection: Can you name 5 types of PPE ?
Hard hat, high vis jacket, steel toe cap boots
Inspection: Can you name an potential hazardous materials on site ?
Inspection: Can you talk about the concept of a safe person ?
H&S: What is the health and safety legislation that rules over the UK ?
H&S: What is the RICS regulation regarding Health and Safety
Surveying Safely
Measurement: What does GIA mean ?
Measurement: What is excluded in GIA ?
Measurement: Would you include a mezzanine in GIA
Measurement: Would you include a loading canopy in GIA
Measurement: Would you include a fire esacape in GIA ?
Measurement: What is the difference between IPMS 3 and GIA for measuring offices
Measurement: is there any IPMS for Industrial property ?
Measurement: Do you know when any IPMS for industrial could be brought in ?
Measurement: What is the standard office specification ceiling height ?
Measurement: What would the eaves be on a 50k sq ft warehouse on a brand new unit ?
Measurement: what is the difference with clear internal height and apex ?
Measurement: how do you measure the apex ?
Vals: What are the 5 methods of valuation
Vals: can you give an example of when you would use the profits method ?
Vals: you used ITZA when valuing a retail unit - is that a meathod of measurement ?
Vals: why and how far is each Zone A in measuring ITZA
Vals: How do you do a term and reversion ? And you can draw this out if you like.
Vals: When would you do a term and reversion ?
Vals: Why would the yeild be lower for the term than the reversion ?
Vals: What is a yeild ?
Vals: As a valuer why would you need professional indemnity insurance ?
Data Management: What is DGPR ?
Data Management: Is this applied in the UK ?
Data Management: When was the UK Data Protection act introduced
Data Management: Do you know the 8 rights in UK GDPR
Data Management: What are the principles in UK GDPR
Data Management: How do you secure your data ?
Data Management: Where do you store your data ?
Data Management: Whats the problem with printed data ?
L&T: What time limits apply to LR notices ?
L&T: What method did you use to Value the retail method in Enfield ?
L&T: What specific retail method did you use to value this ?
L&T: Can you explain valuing ITZA ?
L&T: When would you recomend that a LL serves notice in a protected LR
L&T: Can you tell me about any notable sections of the Landlord and Tenant Act 1954 ?
L&T: What kind of tenancy are covered by the landlord and tenant act
Commercial tenancies
L&T: For you Aylesbury example, why did you advice you client not to go to court ?
L&T: You mention time is of the essence, how did you know this was the case ?
L&T: What is the difference between a lease and a licence ?
L&T: What characteristics make a lease a lease ?
Leasing and Letting: Can you guide me through your example letting in Witham
Leasing and Letting: What is Shell condition ?
Leasing and Letting: did the property being in shell condition effect your negotiation ?
Leasing and Letting: how did you identify the rent free agreed ?
Leasing and Letting: Are there any alternatives to rent depositis
A gaurantor
Leasing and Letting: What is a Garuantor ?
What documents apend to a lease with a gaurantor - AGA
Leasing and Letting: What is required with storing money for a rent deposit ?
Leasing and Letting: what legislation around storing deposit money
Leasing and Letting: Can you talk about the RICS Code of leasing business premises 2020
Leasing and Letting: What are the appended documents in the RICS Code of leasing business premises 2020
Leasing and Letting: can you name 10 items included within a heads of terms document ?
Purchase and Sale: What are the 4 methods of purchase and sale ?
Informal tender
Formal tender
private treaty
auction
Purchase and Sale: Whats the difference between informal and formal tender ?
Purchase and Sale: For informal tender, when you request bids, what is included on a request for bids letter ?
Purchase and Sale: When making an offer what do you include in the offer letter ?
Purchase and Sale: Why is the funding strategy important ?
Purchase and Sale: Are there any RICS documents that guide on purchase and sale ?
Ethics: What are the 5 rules of conduct ?
- honesty and integrity
- maintain and act competently
- provide high quality and diligent service
- treat others with respect
- act in the publics interest
Ethics: Can you provide an example in relation to Rule 4 ? diversity and inclusion
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
Complaints handling doc
RICS Logos
PI Insurance - know why you would have it and some case law for it
Ethics: Why do you want to be RICS accredited ?
Ethics: What are the benefits to being RICS accredited ?
Ethics: you arrive at a client meeting, just you and the client and they get abusive, what do you do ?
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 ?
Ethics: In terms of rules of conduct and receiving gifts, what is the company policy on gift receiving ?
Ethics: you are in the pub and a colleague is getting drunk af what do you do ?
Ethics: you have completed a transaction, and get offered £2,000 cash from the occupier, what do you do ?
Do not accept it
Ethics: Are there any recent cases that have been through the courts that have interested you ?
Ethics: in terms of fee negotiations, how would you go about that ?
- market appropriet fees
- no other party undercutting
Ethics: Terms of engagement - before issuing what must you do ?
- check you are competent and COI checks
Ethics: If there is a conflict, are you able to act on a job ? How would you manage it ?
Would you report the conflict ?
