Property Management Flashcards
1
Q
What type of Planned Maintenance Programmes are there?
A
Cyclical Maintenance
Preventative Maintenance
Responsive Maintenance
2
Q
What did the RICS Code on relations during COVID-19 say?
A
- Voluntary code dated June 2020
- Come together to negotiate affordable rental agreements
- Encouraged transparency and negotiation
- Government support with LL and tenants working together
3
Q
What are the apportionment methods for service charges?
A
floor areas
fixed percentages
rateable value (difficult if RVs change)
weighted floor areas
4
Q
What is service charge benchmarking?
A
performance standards are checked against industry used index to ensure best practice and high levels of performance
