Other

Question 1

When might an EPC not be required for a sale of a property

Answer 1

If the house is a listed building
Buildings that are to be demolished
Place of worship
Industial sites and workshops
Holiday accommodation and residential buildings used less than 4 months a year

Question 2

What is an Option Agreement?

Answer 2

A contractual agreement between a developer and a landowner in which the developer has an option to buy the land from the landowner within a certain time (option period)

Question 3

Rule 1 Example? Act with honesty and integrity and comply with professional regulations

Answer 3

I identify conflicts of interest prior to accepting an instruction. For example I
work through my company template before undertaking a valuation for a client.

Question 4

Rule 2 example - maintain professional competence and ensure work is undertaken by competent individual with the necessary expertise

Answer 4

I regularly attend CPD events to stay up to date with recent changes in the industry eg the CAAV northern spring and summer briefings.
If I feel work is ourside much scope or competence, e.g agricultural dwelling planning permission I would refer my client to a specialise in that area.

Question 5

Rule 3 example - members and firms must provide a good quality and diligent service

Answer 5

I always obtain an understanding of my clients objectives and timescales. For example when discussing grant applications I ensure they are aware of the timescales involved and check this fits in with their business operations.

Question 6

Rule 4 behaviour - treat each other with respect and encourage diversity and inclusion

Answer 6

Always act in a way that respects the right of others

Question 7

Rule 5 example - members and firms must act in the public interest and take responsibility for their actions

Answer 7

In the event of a complaint being logged, I would give my client a copy of our complaints handling procedure and apologise for the situation. I would let them know I was doing all I could to get the problem resolved. I would pass through complaint onto our complaint handling officer.

Question 8

Common crop rotation in your area

Answer 8

OSR wheat wheat barley

Grass wheat barley

Question 9

What are the 3 types of conflict of interest

Question 10

You note you undertook a conflict of interest check. What is a conflict of interest ?

Question 11

What are the two main data protection regulations to keep clinent information safe?

Answer 11

Data protection act 2018
GDPR general data protection regulations 2018

Question 12

What are the requirements of handling client money?

Answer 12

RICS registered firms must have a client account and be registered with the ….

Question 13

Levels of PII

Answer 13

Turnover less than £100,000 = £250,000
100,000-250000= £500,000
500,000+ = £1,0000