Measurement (L2) Flashcards
What is the RICS document relating to measurement?
RICS Professional Statement: RICS Property Measurement (2nd Ed). January 2018
What does IPMS replace?
It replaces references to measurement of offices and residential properties in the RICS Code of Measuring Practice 2015
How does the Code of Measuring Practice differ from IPMS?
The main difference between the IPMS and the CoMP is that the measurements are taken to the “Internal Dominant Face”
What are the EIGHT general principles of measurement and calculation in RICS Professional Statement?
- Date
- Methodology
- Scale
- Conversion factor
- Measurements and calculations clearly documented
- RICS member responsible
- Benefits of IPMS
- IPMS is mandatory
What if your client did not want to use IPMS?
First I would explain the benefits of IPMS.
I would accommodate the clients request of measurement but also state the IPMS measurements.
What do you currently advise your clients on regarding measurement?
I must advise clients about the benefits of IPMS.
Is IPMS mandatory?
(submission L1)
The Professional Statement: RICS Property Measurement 2nd Edition, 2018 is mandatory to RICS members, if there is a reason why IPMS cannot be used then it should be explained.
What is IPMS?
(submission L1)
International Property Measurement Standards.
What does IPMS All Buildings do?
(submission L1)
A single document
for all building classes
in one set of standards
What is the purpose of the introduction to IPMS All Buildings?
(submission L1)
CONSISTENT METHODOLOGY
all buildings types in the world.
Promotes international collaboration.
What is the aim of introducing IPMS (International Property Measurement Standards) and practices ?
(submission L1)
- To avoid current inconsistent definitions of measurements in different countries
- Bring greater global transparency
What are the other forms of measuring instruments and what are their limitations?
(submission L1)
Measuring tapes (not as accurate as a laser measurer)
Distometers (need to be regularly calibrated)
Trundle wheel (not very accurate, good for long distances)
What is NIA?
(submission L1)
Net Internal Area
- the “usable” area within a building measured to the internal face of the perimeter walls at each floor level.
- used for marketing commercial or residential property.
What is NSA?
(submission L1)
Net Sales Area
- Net Sales Area is the GIA of a new or existing residential dwelling.
- Includes basements, mezzanines, galleries and hallways
- Excludes areas lower than 1.5m, garages, conservatoires, external open-sided balconies
- Greenhouses, garden stores
- Terraces
What is GIA?
(submission L1)
Gross Internal Area
- the area of a building measured to the internal face of the perimeter walls at each floor level.
- used mainly for industrial.
What is GEA?
(submission L1)
Gross External Area
- Area of a building measured externally at each floor level.
- Used for town planning and building cost estimation.
When would a valuer use a GEA measurement?
Insurance purposes