RICS Flashcards

1
Q

RICS CEO:
President:
Rural Chair:

A

Dr Sean Tompkins
Kath Fontana
Gerard Smith

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

RICS 5 Ethical Standards

A
Act with integrity
Promote trust in the profession
Provide a high level of service
Take responsibility for your actions
Treat others with respect
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

5 principles for better regulation

A

Proportionality, accountability, consistency, targeting and transparency

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

13 Rules of conduct for firms

A

CPD, Competence, service, solvency, info to RICS, Coop RICS, Professional behaviour, complaints handling, client money, PII, correct advertising, use of logos, procedure for death of sole practitioner

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

7 rules of conduct for members

A

CPD, Competence, Service, Solvency, Info to RICS and Coop with RICS

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Setting up your own firm

A

Inform and reg with RICS, appoint contact officers, PII, business insurance, complaints handling, client money protection, anti money laundering officer, logo kit and procedure for death of sole ptracitioner

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

What is PII

A

Professional indemnity insurance.

Covers legal defense costs and expenses that may be awarded if we have provided an inadequate service.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Closing your own firm

A
Inform Companies House, RICS and Clients. 
Inform PII (run off cover for 6yrs £250,000 min) and retain files for 6 years
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Rics motto

A

Est Modus in rebeus (there is measure in all)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Purpose of RICS

A

Protect the public and it’s members

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Roles of RICS

A
  1. Regulate and promote the profession
  2. Maintain the highest level of education and professional standards
  3. protect clients and consumers through a strict code of ethics.
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

9 Characteristics of equality act 2010

A

Age, Sex, Sexual orientation, gender assignment, marraige, pregnancy, disability, Race, religion.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

How long can you store data for

A

No longer than is necessary for the purpose for which it was processed

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

What is personal and sensitive data?

A

P- any data used to identify an individual.

S- Race, medical history

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

7 Principles of GDPR?

A
Lawfully, transparency and fairness
Legit reasons
Relevant
Accurate
Store for time needed
Confidential
Accountable
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

SCC Data breach procedure

A

Email the form on the intranet to the information governance unit immediately. Inform service manager, access nature of incident and consider who else needs to be informed.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
17
Q

How do you handle client money?

A

Held on separate cost code so are ring fenced and can’t be spent. RICS reg firms must have separate account (either General or discrete).

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
18
Q

What is arbitration?

A

Appointed by RICS or CAAV decides case. award legally binding and can be enforced through the courts.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
19
Q

What is mediation?

A

3rd party assists communication and negotiation to achieve resolution.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
20
Q

What is a conflict of interest? and 3 types?

A

Anything that could prevent anyone acting objectively and independently. Party, own interest and confidential information.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
21
Q

Typical crop rotation

A

WW, WB, OSR + WW, BEANS

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
22
Q

What is a break crop and why are they important?

A

Crops from different plant families used to:

  • Improve cereal yields
  • Reduce weeds and diseases
  • Reduce cereal herbicide resistance
  • return nutrient to soil
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
23
Q

What is a cover crop?

A

A non- cash crop grown after a periods of regular crop production to protect and improve soil. Radish and Mustard

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
24
Q

What are NVZs and what are the storage requirements?

A

Nitrate vulnerable zones, areas of the country designated as being at risk from ag nitrogen pollution. 58% of england.
6 months - pigs and poultry
5- cattle and sheep

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
25
When can't you spread organic manure?
1st oct - 31 Jan Tillage land | 15th oct - 31 Jan Grassland
26
When can't you spread nitrogen?
1st sept - 15 Jan Tillage | 15 sept - 15 Jan grassland
27
What is a Building reinstatement valuation?
The sum a building should be insured for in the event that a significant issue occurs, such as fire, where by a building will need to be reconstructed
28
What is BVD?
Bovine Viral Diarhoea, highly contagious disease in cattle caused by the pestivirus
29
What are MEES?
Domestic minimum energy efficiency standards, 1 April 2020 EPC cannot be below E. £3,500 max spend
30
What is a local plan?
Document produced by LPA to set planning policies in the LPA area 2020-2040
31
Effect of Town and Country planning act 1990
Super seeded 1947 act. Principally divided planning into forward planning and development control
32
What's required when submitting a planning application?
Standard app forms, location plan, site plan, design and access statement, correct fee, any surveys.
33
What is the NPPF?
National planning policy framework 2019. Sets out governments planning policies for England. Vital tool to ensure that we get planning for the right development in the right places of the right quality whilst protecting our environment.
34
Factors considered under class R (56 day notice)
Transport and highways noise impact contamination risk flood risk
35
What is operational development?
Where operations were stated to result in some physical alteration to the land itself, as opposed to material change of use which did not interfere with the actual physical characteristics of land.
36
What is Scail?
Simple calculation of atmospheric impact limits. Assess impact from ag sources on semi-natural areas such as SSSI & SACs. Estimates amount of acidity, nitrogen or Sulphur deposited on to a habitat.
37
What are building regs?
Sets standards for the design and construction of buildings to ensure H&S for people in and about building.
38
What are farmers options under TB restrictions?
1. AFU 2. Orange markets 3. TB isolation units 4. Move to other TB restricted holding 5. Straight to slaughter
39
RICS ethics publications
The Global professional and ethical standards
40
Gestation periods of cattle: sheep: pigs:
283 days, 152 days and 114 days
41
Hedge cutting season
Not between 1st March to 1 sept
42
Slurry storage calc numbers?
Milkers 53l Dry/young 40l Parlour washings 30l x180 days 450sq.m yard av rainfall 56.7 x 6 months
43
Building space requirements
``` Milkers 9m Loose housing 0-6months 4.9 6 months 6.8 dry cows 6.8 calves 1.5 ```
44
Reseed cost in case study?
Seed 56 Fert 35 Spray 30 ``` Plough 21 Power Harrow 17 Drill 11 2 Fert app 7 1 spray 3 ```
45
What legislation governs EPCS?
Energy performance of buildings Regulations 2012
46
What legislation governs adverse possession?
Land Registration Act 2002
47
5 elements of adverse possession?
Hostile, open, statutory period, exclusive, continuous and uninterrupted
48
What act governs Reg 3 planning applications?
Town and Country planning general regulations 1992
49
Types of RICS guidence?
Practice statement, codes of practice, guidance notes and information papers
50
Sections to protect against adverse possession?
S31 Highways act 1986 | S15 Commons Act 2006
51
GDPR regulations
Data protection act 2018 is UK implementation of GDPR. Sets guidelines for the collection & processing of personal and sensitive information.
52
Case study objectives?
1. Enhance and maintain the estate 2. Provide a return on capital expenditure 3. Provide opportunities for new entrants into ag 4. Ensure operations are run in a financially responsible manner to minimize cost, optimize income and support the long term viability of the estate.
53
GDPR penalties
17.5 million euros or 4% of turnover
54
H&S penalties
Unlimited fine, up to 2yrs imprisonment and directors disqualified for up to 15 years
55
What is a common Law TA?
Agreement between L & T is not regulated by particular law. Covered by contract and law from court judgements.
56
Penalty for no EPC
Domestic £200 | Non domestic 12.5% of ratable value
57
MEES penalties for non compliance
Domestic prop up to £2,000 for less than 3 months up to £4,000 for 3 months or more Max £5000 for property
58
Wheat GM
Seed 30 Fert 80 Spray 100
59
AHA S25 NTQ A-H cases for possession
``` A. 65+ and alternative accom available B. Non ag use C. Bad husbandry D. NTC to pay rent expired E. Breach F. Insolvency G. Death H. Amalgamation of ag unit ```
60
AHA security of tenure and succession key date
12th July 1984
61
Assured tenancies key date
28th Feb 1997 auto ast
62
Define profit and loss statement
Shows the revenue and expenses of a business over a given time period
63
British standards of a new building and inclusive envionments?
BS5502 | BS8300
64
ATA 1995 T improvements and fixtures sections?
S20 Basis of val S22 NTC S8 Fixtures
65
Define Cash flow?
shows how much money a business expects to receive in and pay out over a given period of time usually monthly and displays opening and closing balance.
66
Define balance sheet?
A statement of assets, liabilities and capital of a business at a particular date
67
Effect of Ag Act 2020?
1. Replacement financial support system 2. Food security 3. Changes to AHA tenancies
68
Who does you need to report a data breach to?
Information commissioners office
69
AML limit
up to 10,000 euros
70
Control of asbestos regulations?
2012
71
What year were the model clauses?
1973 The Agriculture (Maintenance, Repair and Insurance of Fixed Equipment) Regulations 1973 2015 The Agriculture (Model Clauses for Fixed Equipment) (England) Regulations 2015
72
Where can you get building costs from?
BCIS The Building Cost Information Service
73
Hedge cutting exemptions
Garden hedge or if planting OSR (1 August- apply to RPA for written derogation for cross compliance)
74
CDM 2015 When must HSE be informed?
500 person days or 30 days with 20 workers
75
Electrical inspections and AHA- costs?
cost split 50/50 for remedials under AHA
76
Council tax for vaccant properties
28 days free | 300% over 5 yrs
77
What is a fixture?
Any item affixed to the holding
78
ROC calculations
uplift/ capital spend x 100
79
Size of two new buildings
167 & 242
80
Electrical qualification
NICEIC- National Inspection Council for Electrical Installation Contracting
81
Repairing obligations for Resi TAs
Section 11 L&T Act 1985
82
Capital gains tax rates
Lower band Resi prop 10% non resi 18% | Higher band Resi 20% non resi 28%
83
Penalty for non compliance of elec regs
£30,000
84
Documents/legislation to promote inclusive environment
Document M of building regs Section 8 NPPF BS8300 goes beyond doc M Section 20 Equality Act 2010
85
MEES dates
1st April 2018 can't grant new leases below E | 1st April 2020 All existing and new leases
86
Oil Tank location regulations
``` 1.8m from: flamable building or structure openings liquid fuel appliance flue terminals 760mm from flamable boundary 600mm from screening ```
87
When did the elec regs come in?
1 April 2021
88
max amount of land for AST
2 acres
89
Future MEES
D band by 2025 | C band by 2030
90
Legislation that covers property advertisements
Consumer protection for unfair trading regs 2008