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APC Spring 2025 > 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 ?

A
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3
Q

CS: What is the point of a COI check ?

A
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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 ?

A
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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

A
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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 ?

A
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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 ?

A
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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 ?

A
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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 ?

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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
Inspection: Can you name an potential hazardous materials on site ?
26
Inspection: Can you talk about the concept of a safe person ?
27
H&S: What is the health and safety legislation that rules over the UK ?
28
H&S: What is the RICS regulation regarding Health and Safety
Surveying Safely
29
Measurement: What does GIA mean ?
30
Measurement: What is excluded in GIA ?
31
Measurement: Would you include a mezzanine in GIA
32
Measurement: Would you include a loading canopy in GIA
33
Measurement: Would you include a fire esacape in GIA ?
34
Measurement: What is the difference between IPMS 3 and GIA for measuring offices
35
Measurement: is there any IPMS for Industrial property ?
36
Measurement: Do you know when any IPMS for industrial could be brought in ?
37
Measurement: What is the standard office specification ceiling height ?
38
Measurement: What would the eaves be on a 50k sq ft warehouse on a brand new unit ?
39
Measurement: what is the difference with clear internal height and apex ?
40
Measurement: how do you measure the apex ?
41
Vals: What are the 5 methods of valuation
42
Vals: can you give an example of when you would use the profits method ?
43
Vals: you used ITZA when valuing a retail unit - is that a meathod of measurement ?
44
Vals: why and how far is each Zone A in measuring ITZA
45
Vals: How do you do a term and reversion ? And you can draw this out if you like.
46
Vals: When would you do a term and reversion ?
47
Vals: Why would the yeild be lower for the term than the reversion ?
48
Vals: What is a yeild ?
49
Vals: As a valuer why would you need professional indemnity insurance ?
50
Data Management: What is DGPR ?
51
Data Management: Is this applied in the UK ?
52
Data Management: When was the UK Data Protection act introduced
53
Data Management: Do you know the 8 rights in UK GDPR
54
Data Management: What are the principles in UK GDPR
55
Data Management: How do you secure your data ?
56
Data Management: Where do you store your data ?
57
Data Management: Whats the problem with printed data ?
58
L&T: What time limits apply to LR notices ?
59
L&T: What method did you use to Value the retail method in Enfield ?
60
L&T: What specific retail method did you use to value this ?
61
L&T: Can you explain valuing ITZA ?
62
L&T: When would you recomend that a LL serves notice in a protected LR
63
L&T: Can you tell me about any notable sections of the Landlord and Tenant Act 1954 ?
64
L&T: What kind of tenancy are covered by the landlord and tenant act
Commercial tenancies
65
L&T: For you Aylesbury example, why did you advice you client not to go to court ?
66
L&T: You mention time is of the essence, how did you know this was the case ?
67
L&T: What is the difference between a lease and a licence ?
68
L&T: What characteristics make a lease a lease ?
69
Leasing and Letting: Can you guide me through your example letting in Witham
70
Leasing and Letting: What is Shell condition ?
71
Leasing and Letting: did the property being in shell condition effect your negotiation ?
72
Leasing and Letting: how did you identify the rent free agreed ?
73
Leasing and Letting: Are there any alternatives to rent depositis
A gaurantor
74
Leasing and Letting: What is a Garuantor ?
What documents apend to a lease with a gaurantor - AGA
75
Leasing and Letting: What is required with storing money for a rent deposit ?
76
Leasing and Letting: what legislation around storing deposit money
77
Leasing and Letting: Can you talk about the RICS Code of leasing business premises 2020
78
Leasing and Letting: What are the appended documents in the RICS Code of leasing business premises 2020
79
Leasing and Letting: can you name 10 items included within a heads of terms document ?
80
Purchase and Sale: What are the 4 methods of purchase and sale ?
Informal tender Formal tender private treaty auction
81
Purchase and Sale: Whats the difference between informal and formal tender ?
82
Purchase and Sale: For informal tender, when you request bids, what is included on a request for bids letter ?
83
Purchase and Sale: When making an offer what do you include in the offer letter ?
84
Purchase and Sale: Why is the funding strategy important ?
85
Purchase and Sale: Are there any RICS documents that guide on purchase and sale ?
86
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
87
Ethics: Can you provide an example in relation to Rule 4 ? diversity and inclusion
88
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
89
Ethics: Why do you want to be RICS accredited ?
90
Ethics: What are the benefits to being RICS accredited ?
91
Ethics: you arrive at a client meeting, just you and the client and they get abusive, what do you do ?
92
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 ?
93
Ethics: In terms of rules of conduct and receiving gifts, what is the company policy on gift receiving ?
94
Ethics: you are in the pub and a colleague is getting drunk af what do you do ?
95
Ethics: you have completed a transaction, and get offered £2,000 cash from the occupier, what do you do ?
Do not accept it
96
Ethics: Are there any recent cases that have been through the courts that have interested you ?
97
Ethics: in terms of fee negotiations, how would you go about that ?
- market appropriet fees - no other party undercutting
98
Ethics: Terms of engagement - before issuing what must you do ?
- check you are competent and COI checks
99
Ethics: If there is a conflict, are you able to act on a job ? How would you manage it ? Would you report the conflict ?

APC Spring 2025 (10 decks)

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