Flash Questions Flashcards
What does RNRB stand for?
Residence Nil Rate Band
When do you qualify for RNRB?
Death occurs on or after 06 April 2024
When is RNRB available?
Person owened their own property and their will or the intestacy rules leaves their property to certain relatives deined as ‘lineal descendents’
What is the RNRB Tax Free Allowance?
£175,000
what are all the following a variety of: pearl, flagon, volume and HWS Cassia?
Winter Barley
What is Simmental?
A breed of cattle (originating from Western Switzerland)
What is the name of the UKs largest farm and food standards scheme?
Red Tractor
What are the following a variety of; Anastasia, DK Cabernet, Exclaim and Excalibur?
Winter Oilseed Rape
What are Stabilsier and Wagyu?
Breeds of Cattle
Under what section is a notice served to review the rent of a FBT?
England and Wales - Section 10 Agricultural Tenancy Act 1995
How many kilograms of which elements are there in a tonne of 20-5-10 compound fertiliser?
200 kg Nitrogen, 50 kg Phosphate, 100 kg Potash
Rights of way terminology, what is a BOAT?
A byway open to all trafic
If the parties to a business tenancy wish to contract out of the right to renew provisions, which sections of the Landlord and Tenant Act 1954 will not apply to the tenancy?
England and Wales - Sections 24 to 28 (Part II of the Act)
What are the following a variety of; Fuego, Fanfare and Vertigo?
Spring Beans
What is the indivudal exemption for Capital Gains Tax
£12,300 (£6,150 for trusts)
What is the time limit for serving a notice to quit following the death of a sole tenant under the Agricultural Holdings Act 1986?
After the death and no later than 3 month after the personal representatives of the sole tenant have served written notice of the landlord death.
What are Mules and Cheviots?
Breed of sheep
How does a landlord or terminate a 3 year fixed term FBT?
At least 12 months notice of intention to terminate must be given before the term date
What is the full time of ‘The RICS Red Book’?
RICS Valuation, Global Standards 2020
What does NPPF stand for?
National Planning Policy Framework
What are landcare, Large White and Gloucter Old Spot?
Breeds of pigs
What was the deadline date for transferring BSC entitlements in 2019?
17 May 2019
Which 1990 legal case established the etent of the land that damage or injurious affection should be assessed on followig tbe laying of water pipes across agricultural land?
St Johns Colleage Exford v Thames Water Authority
What is personal allowance for income tax in 2024?
£12,570
What does Section 5 of the Land Compensation Act 1961 set out?
The six basic rules of valaution, the first four of which concern market value
What are the available percentage of APR relief?
50% and 100%
What section of the AHA 86 governs tenant fixtures?
Section 10 of the 1986 Act
Planning; What dies initials of LDF stand for?
Local Development Framework
What does a definitive map show?
Public Rights of Way
What is a decidous tree?
One that loses its leaves in the Autumn
How long is an EPC valid for?
10 years
What are Skyfall, Graham and Revelation varieties of?
Winter Wheat
What particular grass weed in cereals would you treat with avadex, liberator or Atlantis?
Black-grass
What determined Council Tax Band
Value of the property you live in at a specific point - on the 01 April 1991
What is a beltex?
A commercial breed of sheep
Which section defines the amount of rent payable under ATA 1995
Section 13
What is disregarded under an ATA 1995 RR
Tenants improvements, occupation by the tenant, not fix the rent at a lower about by reason of a dilapidation
Name four new tenant liabilities to Repair under the new model clauses?
Reparing space and water heating system
reparing garden and yard doors
repairing fixed equipment
repairing insulation and water pipes
reparing livestock handling system and sheep dips
reparing radon pumps
Why would a Landlord want to offer an AHA tenant a fixed term FBT?
Would benefit of 100% APR rather than 50% on the agricultural value of the property. FBT provides certainty for estate planning and remove any succession prospects.
What are the types of charging fees?
Commission
Hourly
Fixed Fee
Scale Fee
Two exmaples of your clients money which could be held in the business client account?
Rents/Licence Fees
Auction sale proceeds
Tenants deposits
What is uncultivated land?
Land which is subject to physical or chemical cultivations in the last 15 years
Under what legisaltion can the removal of a hedge be considered a criminal offence?
The hedgrow regulations 1997
