Case Study Questions Flashcards
What is a Party Wall?
A party wall is a wall that straddles the boundary between two neighbouring land owners.
What legislation governs party walls?
Party Wall ACt 1996
What is the purpose of the Party Wall Act?
The Party Wall grants the owner of a property the legal right to undertake certain works that might otherwise constitute trespass or nuisance.
What are professional fees made up of?
- Architects fees,
- Mechanical and engineering fees,
- Structural engineers,
- Quantity surveyor,
- Project manager
- Construction design and management consultants.
What is the Bank of England Base Rate?
0.75% - it was raised in March 2022 in an attempt to curb inflation from 8% back to the targeted 2%
What is LIBOR
What is SONIA
What do you look for on an inspection
What was the condition of the boundary
How did you measure the site
What would you do if the boundary did not line up with the title plan?
How would you measure the property if you did not have promap?
I would have used a trundle wheel
Is there any RICS Guidance on measuring land?
RICS Guidance Note LAND MEASUREMENT. FOR PLANNING AND. DEVELOPMENT PURPOSES, 2021
If the party wall award had not been agreed, how would you have accounted for this?
Party Wall surveying is a very specialised area of practice, I would have advised my client to obtain advice from a suitably qualified surveyor.
Does the RICS provide any advise on Party Walls?
RICS recently published a consumer guide to the Party Wall etc Act 1996, providing a independent, comprehensive guide to one’s requirements and where advise can be sought.
