Purchase & Sale (Level 2)

Question 1

Provide an example of two different methods of sale you have been involved in and
reasons for the choice?

Question 2

If a property goes to a closing date for “best bids” what details should be included in letter to
noted interests?

Question 3

Provide examples of how you used a range of marketing techniques for selling a
commercial property during your APC training?

Question 4

What principles does the Estate Agents Act promote?

Question 5

Have you read the Blue Book? What does it recommend?

Question 6

Can you tell me/give me an example of a CoI?

Question 7

Can you tell me about an agency instruction you have been involved with?

Question 8

Can you tell me about an agency instruction you have been involved with?

Question 9

Mentioned Private Treaty as a method of sale – what other ones are there?

Question 10

What details would you include in an agency ToE?

Question 11

What is the definition of Sole Agency, Sole Selling Rights?

Question 12

What methods of sale are available? (Private treaty, informal tender, formal tender,
auction)

Question 13

Describe challenge encountered and dealt with?

Question 14

Any recent developments? Effect?

Question 15

What replaced the Property Misdescriptions Act?

Question 16

How is a bargain created in Scotland? What are Missives? When is bargain concluded?

Question 17

What are the basic elements of an offer to purchase?

Question 18

What can you tell me about Standard Scottish Clauses?
What do Standard Scottish Clauses say about production of Local Authority documents for
alterations and extensions?

Question 19

Describe a negotiation?