Measurement Flashcards
What is zoning?
A valuation technique for shops for comparison purposes. It is NOT a measurement technique.
What is a trundle wheel used for?
Measuring land
How do you calibrate a trundle wheel?
Measure against a known distance marked on floor checked with measuring tape or calibrated laser measure. Adjust on digital readout as per manufacturers instructions.
Pros and cons for trundle wheel?
Pros…
*easier to accurately measure long distances;
*greater accuracy compared to tape measures.
Cons…
*dependence on smooth surface;
*cumbersome in tight spaces.
Full name of RICS CoMP
RICS Code of Measuring Practice 6th Edition
Latest RICs guidance on property measurement?
RICS property measurement 2nd Edition
January 2018
Part 1 professional statement effective from 01 May 2018.
Layout of RICs Property Measurement 2nd Edition
Part 1: Professional Statement - property measurement
Part 2: RICS IPMS data standard
When are RICS members expected to use IPMS?
Members are expected to advise clients or employer on benefits of using IPMS but it is not suitable in all circumstances. RICS members must document any reasons for departure.
IPMS core definitions and CoMP equivalents
- IPMS 1 - GEA
- IPMS 2 (office) - GIA
- IPMS 2 (residential) - GIA
- IPMS 3 (office) - NIA
- IPMS 3A (residential) - GEA
- IPMS 3B (residential) - GIA
- IPMS 3C (residential) - EFA (effective floor area)
Application of IPMS 1?
Planning - planning applications & approvals, site coverage (together with IMPS 3)
Application of IPMS 2 - office?
Costings - calculating building costs and reinstatement costs
Application of IPMS 2 - residential?
Costings - calculating building costs and reinstatement costs
Application of IPMS 3 - office?
agency and valuation, taxation, property and facilities management
Application of IPMS 3A, 3B & 3C - residential?
agency and valuation, taxation, property and facilities management
