Measurement L2 Flashcards
What Professional Statement did the RICS release to incorporate the International Property Measurement Standards?
RICS Property Measurement, 2018
What was the aim of RICS Property Measurement, 2018?
Establish consistencies in property measurement to be adopted by governments and industry on a global basis
Which IPMS measuring practices were adopted in RICS Property Measurement, 2018?
Offices and residential properties
What are RICS members encouraged to do until IPMS becomes embedded into market practice?
Report on a dual basis
Are you aware of anything that was published recently in relation to IPMS?
IPMS All Buildings, 2023
For what types of property is adoption of IPMS mandatory?
When reporting on residential and office space, unless the client provides a written instruction to use an alternative
What are the general principles of RICS Property Measurement, 2018?
All RICS members and RICS regulated firms must comply with the following requirements and retain the following information on file or in their report::
- purpose of the measurement instruction
- date of the measurement instruction
- date of measurement
- measurement standard adopted
- if IPMS is not used, document the reason for departure
- measurement methodology adopted (e.g. laser measurer or tape measure)
- scale of any plans used
- floor area schedule with relevant areas cross- referenced to floorplans
- unit of measurement and conversion factor, if applicable (e.g. square feet to square metres) and
- name of the RICS member and/or RICS regulated firm responsible for the instruction.
When did Property Measurement 2018 become effective?
1st May 2018
When is IPMS 1 - Offices used? What method of measurement does it most closely correspond to?
Planning – basis of measurement for planning applications and approvals, site coverage
GEA
When is IPMS 2 - Offices used? What method of measurement does it most closely correspond to?
Costings – a method of measurement for a basis of calculating building costs and reinstatement costs.
GIA
When is IPMS 3 - Offices used? What method of measurement does it most closely correspond to?
Agency, valuation and taxation
NIA
What does IPMS 1 - Offices include and exclude?
Measures the area of a building including external walls on a floor-by-floor basis
Include but state separately:
• Covered galleries and balconies
• Generally accessible roof terraces
Exclude:
• Upper void of an atrium
• Open external stairwell
• Patios, refuse areas, external parking at ground level
What does IPMS 2 - Offices include and exclude?
the sum of the areas of each floor level of an office building measured to the internal dominant face and reported on a component-by-component basis for each floor of a building.
Include but state separately:
• Covered galleries and balconies
• Generally accessible roof terraces
Exclude:
• Upper void of an atrium
• Open external stairwell
• Patios, refuse areas, external parking at ground level
What does IPMS 3 - Offices include and exclude?
Measures the floor area of an office available on an exclusive basis to an occupier but excluding the standard facilities and shared circulation areas. Measured to the Internal Dominant Face
Include but state separately:
• Covered galleries and balconies and roof top terraces in exclusive use
Exclude:
• Standard facilities providing shared or common facilities such as stairs, lifts, motor rooms, WCs, cleaners’ cupboards, plant rooms etc.
What is the definition of the Internal Dominant Face?
Inside finished surface comprising more than 50% of the floor to ceiling height for each IDF wall section
What are the differences between IPMS 3 and NIA?
Perimeter measurements are taken to the ‘Internal Dominant Face’
• No exclusions for restricted height of less than 1.5m
• All columns are included
• Area occupied by the reveals of a window when measured and assessed as the IDF are included
• On floors with multiple occupants, the area is taken to the midpoint of the partition wall between tenancies
• Covered galleries and balconies for the exclusive use of one tenant are included and stated separately
What are the THREE IPMS standards for measuring residential buildings?
- IPMS 1 - Residential: External
- IPMS 2 - Residential (Internal): Internal area of the building
- IMPS 3 - Residential (Occupier): the occupation of the building on an exclusive basis to an occupier
What are the THREE sub-areas of IPMS 3 Residential?
- IPMS 3A: measurement to the outer face of the external wall and centre-line of shared walls
- IPMS 3B: measurement of the area in exclusive occupation, including internal walls and columns, measured to the IDF
- IPMS 3C: measurement of the area in exclusive occupation, excluding the walls and columns, measured to the IDF
What document should you refer to when measuring retail and industrial property?
RICS guidance note Code of Measuring Practice, 2015
When would you use GEA as a basis of measurement?
- Town planning
- Council tax valuations
- Building cost estimates for houses
When would you use GIA as a basis of measurement?
- Industrial/warehouses, retail warehouses and food stores:
• Estate agency
• Rating
• Valuation - Building cost estimates for commercial assets
- New homes valuations
- Property management