Inspection Flashcards
What should be considered during inspection for property valuation purposes?
Physical nature and condition of the property and the macro and micro location
Poor condition can affect the value
What details should be noted in a purchase and sale inspection?
Property features and specifications that may enhance or adversely affect the sale, and record of what is being sold
A detailed record of what is being sold should be undertaken
What should be recorded during a leasing and letting inspection?
Property features and specifications that could enhance or adversely affect the letting process and lease terms achieved
A detailed record of what is being leased needs to be undertaken
What is the purpose of a condition survey?
To accurately record the current condition of the property and identify areas of concern regarding the physical fabric of the property
What should be considered when inspecting to assess business rates?
Current rating legislation and how this relates to the rating valuation hypothesis
What does an inspection for estate management focus on?
Performance for the property, its services, and the occupation. Should record occupiers, uses, apparent lease breaches, as well as illegal occupation.
Recording occupiers, uses, apparent lease breaches, and illegal occupation
What questions should be asked prior to an inspection?
- What is the reason for the inspection?
- Are you competent to inspect for this purpose?
- Do you have the appropriate Professional Indemnity Insurance?
- Have you carried out a risk assessment?
What is the RICS Guide to Surveying Safely?
Provides detailed advice and best practice for firms and surveyors inspecting a property. It provides guidance on travelling to and from site, lone working, high structures, dangerous substances, adverse weather conditions.
What should be arranged before an inspection?
Access to the property and awareness of who you have organised to meet.
What are some essential inspection equipment items?
- PPE
- Hard hats
- High visibility clothing
- Phone
- Boots
- Gloves
What does RICS Surveying Safely PG 2018 cover?
- Duty of care under law of tort
- Safety of employees
- Workplace safety provisions
- Hazard and risk assessment requirements
- Visiting sites - PPE and access provisions during site visits
- During site visits - key hazards during site visits eg high structures
- Safety of you and others
- Legal duties - criminal liability and CDM
What steps are involved in hazard identification?
- Identify hazards
- Decide who might be harmed and how
- Evaluate risks and decide on precautions
- Record findings and implement them
- Review the assessment and update if necessary
What should you consider before a site visit?
- Travelling to and from site
- Lone working (recording whereabouts an letting people know. Be aware of EBC’s lone worker policy)
- Condition of the property (eg condition, construction site? PPE needed?)
- Occupation (eg access arrangements)
- Activity
- Site rules and emergency arrangements (Sandown)
- High structures and roofs
- Dangerous substances (eg asbestos, gas)
- Weather
Fill in the blank: Asbestos was used in buildings from the early ______ century peaking in the 60’s/70’s.
20th
What are the three types of asbestos?
- Blue
- Brown
- White
Where is asbestos typically found?
Roofs, boilers, ceilings, wall panels, flooring, air handling systems. Removal is a controlled process and needs to be licenced
What regulations cover asbestos safety?
Control of Asbestos Regulations 2012
What should be included when recording property specifications?
- Address
- Name
- Weather
- Risk assessment
- Location (macro/micro)
- Description and construction info
- Site and boundary info
- Car parking
- Environmental risks and hazards
- State of repair
- Occupiers
- Changes and alterations
What specific considerations should be made for industrial properties?
- Eaves height
- Yard area
- Power supply
- Loading access
- Heating
- Lighting
- Mezzanine
What specific considerations should be made for retail properties?
- Location
- Footfall
- Car parking
- Frontage
- Upper floors
What types of defects should be identified during an inspection?
- Rot
- Damp
- Movement
- Subsidence
What is the Building Research Establishment (BRE) categorization for cracks?
Cracks are categorized into 5 groups; the larger the number, the bigger the crack
What legislation must be adhered to during inspections?
- Health and Safety at Work etc. Act 1974
- Control of Substances Hazardous to Health Regulations 2002 (COSHH)
- Workplace (Health, Safety and Welfare) Regulations 1992
- Health Act 2006
