Summary of experience examples Flashcards

1
Q

What example is Unit 19?

A

Signed an NDA to review confidential financial information and put a password on this.

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2
Q

What example is 1 Glan-y-mor road?

A

Offered beer to waive a licence to alteration which I reject and informed my managing director in line with company gift policy.

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3
Q

What example is 4a Harmony House?

A

New coffee shop wanting to let the property but wouldn’t give details of funds; advised my managing director anti-money laundering checks were carried out. I advised we did not proceed, and my director agreed.

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4
Q

What is a comparable valuation?

A

Valuation of a vacant property using online comparables to understand market rent.

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5
Q

What example is Unit 29?

A

Unit to let which had a significant service charge contribution – for good client care I kept my client well informed via email and phone calls with the letting progress.

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6
Q

What was recommended for unit 29 after inspection?

A

Recommended the property was painted to present well after inspecting the unit prior to giving it to a local agent.

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7
Q

What was the marketing strategy for letting unit 29?

A

Engaged with a local agent to help increase interest.

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8
Q

What example is Unit 24?

A

Advised we appoint a local agent to speed up the letting of the unit and agreed terms of engagement with the agent for good client care.

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9
Q

How was unit 24 measured to calculate market value?

A

Measured to NIA for market value for a lease renewal – divided the property into three sections – shop area, storage room, and rear toilet. Conducted an ITZA Valuation on return to the office.

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10
Q

What example is Unit 33b?

A

Negotiated a rent increase for the removal of a guarantor clause in the lease agreement.

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11
Q

What example is Unit 18?

A

Negotiated a break penalty to allow favourable terms to start up but ensured my client was negatively impacted if they didn’t survive.

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12
Q

What example is 94 Mostyn Street?

A

Inspecting a property with asbestos and ensuring my own health and safety.

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13
Q

What advice was given regarding the purchase of 94 Mostyn Street?

A

Advised my client if it was a long-term hold it would be a good investment.

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14
Q

What example is Argyl Road?

A

Inspection of a car dealership – wearing PPE and signing in and out site key aspects.

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15
Q

What example is Gear Menswear?

A

Unauthorised signage in front of a property therefore I informed my client of the breach.

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16
Q

What was the letting strategy for Gear Menswear?

A

Let the unit at a lower rate to avoid having to do fit out work – 2-year rent reduction.

17
Q

What example is Royal hotel?

A

Inspection of a vacant property – lone working policy and dynamic risk assessment.

18
Q

What example is Tedder house?

A

Leak in the roof, checked responsibility, it was my client and recommended fixing the problem.

19
Q

What example is Unit 8 Cwt Roger Mostyn?

A

Measured an industrial unit to GIA and took additional measurements a tenant may want.

20
Q

What example is 14 Mostyn Street?

A

Comparable method valuation as my client was interested in purchasing the property but the valuation showed the asking price was about market value and advised we should only offer if below the asking price.

21
Q

What example is Consort?

A

RPI rent review – followed lease conditions and documented this.

22
Q

What example is 15 Gloddaeth Street?

A

Negotiated a lease outside of the 1954 act as we had to reduce the rent therefore wanted flexibility to kick the tenant out if there was more interest.

23
Q

What example is 148 Conwy Road?

A

Negotiated a lower rent as landlord insisted on being outside the act.

24
Q

What example is 110 Mostyn Street?

A

Advised granting a lease over a licence for a letting to a bike shop as exclusive possession could not be granted.

25
Q

What example is Unit 23 Trancio?

A

Created a letting plan and measured to NIA and provided ITZA valuation to help find a tenant.

26
Q

What example is Unit 19 and 23 – Trancio?

A

Moved a tenant from a smaller unit to a bigger one and terminated the lease, working with solicitors.

27
Q

What example is Unit 32?

A

Rental arrears recovery – threat of CRAR – agreed tenant to pay a sum upfront and then 2-year payment plan.

28
Q

What example is Victoria Centre?

A

Managing the service charge, noticed goods lift would need replacing, increased the draft budget.

29
Q

What example is 26 Augusta Street?

A

Water ingress from the window – causing damage – client to resolve.

30
Q

What example is 91 Mostyn Street?

A

Veranda problem and unsafe – advised my client to pay half.

31
Q

What example is 12 Cwlach Street?

A

Recommended selling the last house in a row the estate previously owned as it didn’t fit with the portfolio.

32
Q

What was the sale process for 12 Cwlach Street?

A

Used the comparable method to work out the value and decided sale method and liaised closely with the local agent.