Measurement L2 Flashcards

1
Q

What Professional Statement did the RICS release to incorporate the International Property Measurement Standards?

A

RICS Property Measurement, 2018.

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2
Q

What was the aim of RICS Property Measurement, 2018?

A

Establish consistencies in property measurement to be adopted by governments and industry on a global basis.

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3
Q

For which type of properties are IPMS standards mandatory?

A

When reporting on residential and office space unless the client provides a written instruction to use an alternative.

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4
Q

What are RICS members encouraged to do until IPMS becomes embedded into market practice?

A

Report on a dual basis.

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5
Q

For what purpose would IPMS 1 be used?

A

Planning or building cost purposes.

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6
Q

For what purpose would IPMS 2 be used?

A

Agency and valuation purposes.

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7
Q

For what purpose would IPMS 3 be used?

A

Agency and valuation purpose.

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8
Q

What does IPMS 1 - Offices include and exclude?

A

Measures the area of a building including external walls on a floor-by-floor basis. Include but state separately: covered galleries and balconies and generally accessible roof terraces. Exclude: Upper void of an atrium, open external stairwell, patios, refuse areas, external parking at ground level.

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9
Q

What does IPMS 2 - Offices include and exclude?

A

Measures the interior of an office to include all areas available for direct use, measured to the Internal Dominant Face. Include but state separately: covered galleries and balconies and generally accessible roof terraces. Exclude: upper void of an atrium, open external stairwell, patios, refuse areas, external parking at ground level.

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10
Q

What does IPMS 3 - Offices include and exclude?

A

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, Upper void of an atrium, open external stairwell, patios, refuse areas, external parking at ground level.

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11
Q

What is the definition of the Internal Dominant Face?

A

Inside finished surface comprising more than 50% of the floor to ceiling height for each IDF wall section.

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12
Q

What are the differences between IPMS 3 and NIA?

A

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.

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13
Q

What document should you refer to when measuring retail and industrial property?

A

RICS Code of Measuring Practice.

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14
Q

What is a commonly used scale for a building plan?

A

1:100.

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15
Q

What is a commonly used scale for a street plan?

A

1:1,250.

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16
Q

What is a commonly used scale for a location plan?

A

1:2,500.

17
Q

What are commonly used measuring tools?

A

Mapping software, Distometer, Trundle wheel, tape measure.

18
Q

How do you check the accuracy of your laser measuring device?

A

Measure a known distance within your office/home.

19
Q

Why are accurate measurements so important?

A

Accurate measurements are a basis for analysis and valuation; hence it is important to get them right.