Subs: Measurement Flashcards
What Professional Statement did the RICS release to incorporate the International Property Measurement Standards?
RICS Property Measurement, 2018
What was the aim of RICS Property Measurement, 2018?
Establish consistencies in property measurement to be adopted by governments and industry on a global basis
What are RICS members encouraged to do until IPMS becomes embedded into market practice?
Report on a dual basis
When are RICS planning on implementing IPMS: Industrial Buildings 2018 and IPMS: Retail Buildings 2019?
No date has yet been given by the RICS
For what types of property is adoption of IPMS mandatory?
When reporting on residential and office space, unless the client provides a written instruction to use an alternative
What are the general principles of RICS Property Measurement, 2018?
- Advise clients of the benefits of using IMPS
- Document the reason for not using IMPS
- Must provide a date when the measurements are undertaken
- State the measuring methodology adopted
- Provide the reference and scale of any plans used
- State the conversion factor from metric / imperial and any rounding
- Measurements and calculations must be clearly documented
When did Property Measurement 2018 become effective?
1st May 2018
When is IPMS 1 - Offices used? What method of measurement does it most closely correspond to?
Planning or building cost purposes
GEA
When is IPMS 2 - Offices used? What method of measurement does it most closely correspond to?
Agency and valuation purposes
GIA
When is IPMS 3 - Offices used? What method of measurement does it most closely correspond to?
Agency and valuation purposes
NIA
What does IPMS 1 - Offices include and exclude?
Measures the area of a building including external walls on a floor-by-floor basis
Include but state separately:
- Covered galleries and balconies
- Generally accessible roof terraces
Exclude:
- Upper void of an atrium
- Open external stairwell
- Patios, refuse areas, external parking at ground level
What does IPMS 2 - Offices include and exclude?
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
* Generally accessible roof terraces
Exclude:
* Upper void of an atrium
* Open external stairwell
* Patios, refuse areas, external parking at ground level
What does IPMS 3 - Offices include and exclude?
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
What are the THREE IPMS standards for measuring residential buildings?
IPMS 1 - Residential: External
IPMS 2 - Residential (Internal): Internal area of the building
IMPS 3 - Residential (Occupier): the occupation of the building on an exclusive basis to an occupier
What document should you refer to when measuring retail and industrial property?
RICS Code of measuring practice, 2015