General Questions Flashcards
Recent piece of news?
Private housebuilders costs remain unchanged in q2 2020
- rose 1.8% when compared to the same quarter last year
- according to the BCIS Private Housing Construction Price Index
Any recent pieces case law of relevance?
Burgess v Lejonvarn 2020
Found that professionals who provide professional services gratuitously and without a contract owe a duty of care in tort to act with reasonable care and skill. But they are not liable for the work they do
What is a Title Plan?
Records the general position of the boundaries of a registered title
In accordance with Rule 5 of The Land Registration Rules 2003
£3
What is a Title Register?
Allows you to establish:
- Owner
- price paid/value stated information if sold since April 2000
- any rights of way or restrictions on the land noted on the register
£3
Tell me about a recent piece of CPD you have undertaken
I attended a seminar ran by Carbon Profile that discussed recent changes to the EPC Certificate.
New EPC Register as of 20th September 2020:
- No longer a PDF
- New EPC layout
- Merges a number of different registers into 1
What specific things would you consider when analysing retail comparables?
- Is the comparble on a Prime, Secondary or tertiary pitch?
- Tenant mix nearby
- Accessability
What is a PEP
Someone who is of:
Prominent public function
What is an Article 4 direction?
A limit on the conversion of a building via Permitted Development
What is LIBOR rate?
x
What is LIBOR being replaced by?
SONIA (Sterling Overnight Index Average)
What are some examples of Bye Laws?
Members may be liable for disciplinary action if they bring the RICS into disrepute
Are you aware of recent Stamp Duty changes?
x