General Questions Flashcards

1
Q

Recent piece of news?

A

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
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2
Q

Any recent pieces case law of relevance?

A

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

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3
Q

What is a Title Plan?

A

Records the general position of the boundaries of a registered title

In accordance with Rule 5 of The Land Registration Rules 2003

£3

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4
Q

What is a Title Register?

A

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

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5
Q

Tell me about a recent piece of CPD you have undertaken

A

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
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6
Q

What specific things would you consider when analysing retail comparables?

A
  • Is the comparble on a Prime, Secondary or tertiary pitch?
  • Tenant mix nearby
  • Accessability
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7
Q

What is a PEP

A

Someone who is of:

Prominent public function

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8
Q

What is an Article 4 direction?

A

A limit on the conversion of a building via Permitted Development

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9
Q

What is LIBOR rate?

A

x

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10
Q

What is LIBOR being replaced by?

A

SONIA (Sterling Overnight Index Average)

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11
Q

What are some examples of Bye Laws?

A

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

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12
Q

Are you aware of recent Stamp Duty changes?

A

x

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