Landlord and tenant - lvl 1 Flashcards
Tell me about your understanding of the LTA 1927/1954/1988 and LT(Covenants)A1995.
Tell me about a lease clause you are aware of.
What is alienation?
Tell me about your understanding of the Code for Leasing Business Premises.
Tell me about how you would summarise a lease and what terms you would be looking out for.
What is the role of an expert witness?
What is an arbitrator?
What is an expert?
How does an arbitrator and expert’s role differ?
How would you establish the relevant third party procedure for a rent review?
How much does it cost to submit an RICS DRS application?
What is the difference between the hypothetical lease at a rent review and lease renewal?
What is PACT?
How do in and out of Court PACT differ?
What is a Calderbank offer?
What is a break clause?
Tell me about your understanding of notices under the LTA 1954.
Tell me about your understanding of interim rent.
Tell me about your understanding of Court procedure at lease renewal.
What are the Civil Procedure Rules?
What are Jackson Reforms?
What is a Part 36 offer?
What does S.34 relate to in a lease renewal?
What is compensation for disturbance?
What does Section 18 mean in relation to the LTA 1927?
Why would you contract out a lease?
How would you contract out a lease?
Tell me about the LTA 1954 in relation to contracting out a lease.
What are the Section 30 grounds under the LTA 1954?
What time limits apply in relation to lease renewal notices?
When would you recommend that a landlord/tenant serves notice in a LTA 1954 renewal?
What is Section 40 of the LTA 1954?
What tenancies are covered by the LTA 1954?
What is the difference between a lease and a licence?
Tell me about the terms of a new lease in relation to a contracted in lease renewal? (e.g. lease length)
How can a tenant quit a contracted in lease?
What does subject to contract/without prejudice/without prejudice save as to costs mean?
What does time of the essence mean?
When do notices need to be served at rent review?
What is the valuation date at lease renewal?
What are the different types of rent review?
What is a hypothetical lease?
What is a rent review assumption/disregard?
Give me examples of typical rent review assumptions/disregards.
Can you challenge an arbitrator’s award?
Can you challenge an experts determination?
Tell me about one example of rent review/break option/lease renewal case law you are aware of.
Tell me about your understanding of fitted assumptions.
Tell me about your understanding of a fitting out rent free period.
What RICS guidance relates to the use of comparables?
What does the RICS say about conditional fee agreements when proceeding to third party as an expert witness?
What does disclosure mean in relation to a lease renewal?
How would would you deal with post dated rent review evidence?
How would you treat tenant’s improvements at rent review?
How would this differ at lease renewal?
What is diminuation value?
What legislation relates to diminution valuations?
