Sustainability Flashcards
3 pillars of sustainability?
- Social
- Environmental
- Economic
How do L&R incorporate this
- Social- work well initiatives
- Environmental - Reduce printing, factored into all developments
- Economic- Compliance Dept, conflicts of interests management and training
What is the Brundtland report?
Defined the principles for sustainable development
Define Sustainability
Meeting the needs of today without prejudicing the ability of future generations to meet their own needs.
What is the important role sustainability plays in real estate?
Surveyors are uniquely place to steer the built environment towards sustainable practices.
1. Help meet carbon emission standards
2. Reduce cost in running buildings
3. Meet the cultural and social demand for sustainable buildings
How does RICS help to encourage sustainability in practice?
Sustainability and Commercial Property Valuation 2013 (Guidance Note)
What are some ways you can make a building more sustainable?
Existing- upgrade kit
New - effective insulation, natural light, green and sustainable building materials
What are the MEES and who do they apply to?
Minimum Energy Efficiency Standards. EPC no less than E
What are the implications of MEES? How has it affected your area of practice?
Affects all leases. Needs to meet minimum standards in order to let the property.
What are the penalties for non-compliance with MEES? Who polices it?
Fines relating to rateables value and length of breach
When are Energy Performance Certificates required?
When a property is; built, sold or rented
What properties are exempt from obtaining Energy Performance Certificates?
- Listed
- Religious buildings
- temp builds
If you are marketing a property, when must an EPC be commissioned?
Prior to commencing marketing.
What is included on the front page of an EPC?
Address, floor area, reference, rating and estimated running costs
What are the penalties if you do not have a valid EPC? Who polices it?
% of rateable value
Local authority police it
