General Questions

Question 1

Recent piece of news?

Answer 1

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

Question 2

Any recent pieces case law of relevance?

Answer 2

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

Question 3

What is a Title Plan?

Answer 3

Records the general position of the boundaries of a registered title

In accordance with Rule 5 of The Land Registration Rules 2003

£3

Question 4

What is a Title Register?

Answer 4

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

Question 5

Tell me about a recent piece of CPD you have undertaken

Answer 5

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

Question 6

What specific things would you consider when analysing retail comparables?

Answer 6

• Is the comparble on a Prime, Secondary or tertiary pitch?
• Tenant mix nearby
• Accessability

Question 7

What is a PEP

Answer 7

Someone who is of:

Prominent public function

Question 8

What is an Article 4 direction?

Answer 8

A limit on the conversion of a building via Permitted Development

Question 9

What is LIBOR rate?

Answer 9

x

Question 10

What is LIBOR being replaced by?

Answer 10

SONIA (Sterling Overnight Index Average)

Question 11

What are some examples of Bye Laws?

Answer 11

Members may be liable for disciplinary action if they bring the RICS into disrepute

Question 12

Are you aware of recent Stamp Duty changes?

Answer 12

x