L&T Flashcards
Level 1 Tell me about your understanding of the LTA 1927/LTA 1954/Landlord & Tenant (Covenants) Act 1995/LTA 1988
Answer
Level 1 Tell me about a key lease clause you are aware of
Answer
Level 1 Tell me about your understanding of the Code for Leasing Business Premises.
Answer
Level 1 Tell me about how you would summarise a lease and what terms you would be looking out for.
Answer
Level 1 What is the Regulatory Reform (Business Tenancies) (England & Wales) Order 2003
Answer
Level 1 How does the role of an expert witness change from when you are negotiating
Answer
Level 1 What is an arbitrator
Answer
Level 1 How does an arbitrator and expert role differ
Answer
Level 1 How would you establish the relevant third party procedure for a rent review
Answer
Level 1 What is the difference between the hypothetical lease at a rent review and lease renewal
Answer
Level 1 What is PACT
Answer
Level 1 How do in and out of Court PACT differ
Answer
Level 1 What is a break clause
Answer
Level 1 Tell me about your understanding of notices under the LTA 1954. Tell me about your understanding of interim rent.
Answer
Level 1 Tell me about your understanding of the Court procedure at lease renewal. What are the Civil Procedure Rules
Answer
Level 1 What are the Jackson Reforms
Answer
Level 1 Can you serve a Calderbank offer at a lease renewal
Answer
Level 1 What is compensation for disturbance
Answer
Level 1 What does Section 34 relate to in a lease renewal
Answer
Level 1 Why would you contract out a lease
Answer
Level 1 What does Section 18 mean in relation to the LTA 1927
Answer
Level 1 How would you contract out a lease
Answer
Level 1 Tell me about the LTA 1954 in relation to contracting out a lease. What are the Section 30 grounds under the LTA 1954
Answer
Level 1 What time limits apply in relation to lease renewal notices
Answer
Level 1 When would you recommend that a landlord/tenant serves notice in a LTA 1954 renewal
Answer
Level 1 What does Section 40 of the LTA 1954
Answer
Level 1 What tenancies are covered by the LTA 1954
Answer
Level 1 What is the difference between a lease and a licence
Answer
Level 1 Tell me about the terms of a new lease in relation to a contracted in lease renewal
Answer
Level 1 How can a tenant quit a contracted in lease
Answer
Level 1 What does subject to contract/without prejudice/without prejudice save as to costs mean
Answer
Level 1 What does time of the essence mean
Answer
Level 1 What is the valuation date at lease renewal
Answer
Level 1 When do notices need to be served at rent review
Answer
Level 1 What are the different types of rent review
Answer
Level 1 What is a rent review assumption/disregard
Answer
Level 1 Give me an example of a typical assumption/disregard
Answer
Level 1 Can you challenge an experts determination
Answer
Level 1 Can you chalebne an arbitrators award and if so under what grounds
Answer
Level 1 What is the presumption of reality
Answer
Level 1 Tell me about one example of rent review/break option/lease renewal case law you are aware of.
Answer
Level 1 What is a turnover rent
Answer
Level 1 Tell me about your understanding of fitted assumptions
Answer
Level 1 Tell me about your understanding of a fitting out rent free period
Answer
Level 1 What RICS guidance relates to the use of comparables
Answer
Level 1 What does the RICS say about conditional fee agreements when proceeding to third party as an expert witness
Answer
Level 1 What does disclosure mean in relation to a lease renewal
Answer
Level 1 How would you deal with post-dated rent review evidence
Answer
