Measurement Flashcards
What RICS guidance do you follow on measurement?
RICS Professional Statement: RICS Property Measurement 2018
What does RICS Property Measurement 2018 cover?
Introduced mandatory International Property Measurement Standards
What is the aim of RICS Property Measurement 2018?
To establish consistencies in property measurement to be adopted by governments and industry on a global basis
When did RICS Property Measurement 2018 come into effect?
May 1st 2018
What types of property does Property Measurement 2018 replace guidance that was in Code of Measuring Practice 2015?
Offices and residential
What are RICS members encouraged to do until IPMS becomes embedded into market practice?
Report on a dual basis
When will RICS implement IPMS for industrial and retail property?
No date has been set
What are the mandatory requirements under Property Measurement 2018 when measuring office and residential property? (unless requested otherwise by client in writing)
- Date the measurement
- State measuring methodology
- Provide reference and scale of any plans used
- State conversion factor from metric/imperial and any rounding
- Measurements / calculations must be clearly documented
- Retain record of RICS member responsible to certify above requirements
What are ‘common facilities’ under IPMS?
Parts of a building providing shared facilities that do not change over time (e.g. stairs, lifts, circulation space)
What is the ‘component area’ under IPMS?
One of the main elements into which the floor area of a building can be divided
What are ‘finished surfaces’ under IPMS?
The wall surface directly above the horizontal wall-floor junction, ignoring skiting boards, cable trunking, heating and cooling units, and pipework
What is ‘internal dominant face’ under IPMS?
The internal finish comprising more than 50% of the floor to ceiling height for each IDF wall section
What is ‘IDF wall section’ under IPMS?
Each internal finish of a section of an External Wall, ignoring the existence of any columns, that is either recessed from or protrudes from its adjacent section
What is a ‘limited use area’ under IPMS?
Areas with limited height, natural light or below ground
What is ‘useable floor area’ under IPMS?
Space for exclusive use of an occupier
When is IPMS 1 for offices used, and for what purposes?
Used for measuring the area of a building including external walls on a floor by floor basis
For planning or building costs purposes (GEA)
What is included in IPMS 1 office measurement?
- Covered galleries
- Balconies
- Generally accessible roof terraces (GEA did not include galleries and balconies)
What is excluded from IPMS 1 office measurement?
- Upper void levels of an atrium
- Open external stairwells
- Patios, refuse area, external parking at ground level
When is IPMS 2 for offices used, and for what purposes?
Used for measuring the interior of an office in include all areas available for direct use, measured to the ‘Internal Dominant Face’ of the wall on a floor by floor basis
For agency and valuation purposes (GIA)
What is included in IPMS 2 office measurement?
- Covered galleries and balconies
- Generally accessible roof terraces
What is excluded from IPMS 2 office measurement?
- Open light wells and upper level voids of an atrium
- Patio and decks at ground floor level
- External parking and equipment yards, cooling equipment and refuse areas
When is IPMS 3 for offices used, and for what purposes?
Used for measuring the occupation of floor area in exclusive use using same assumptions as IPMS 2
Also for agency and valuation purposes (NIA)
What is included in IPMS 3 office measurement?
- Covered galleries and balconies
- Generally accessible roof terraces
What is excluded from IPMS 3 office measurement?
Standard facilities providing shared or common facilities, such as stairs, lifts, motor rooms, ECs, cleaners’ cupboards, plant rooms, etc