Case Study Level 3

Question 1

Explain the advice you gave that your client should choose option 3

Answer 1

Because I believe it offered the best outcome, no need to find a new tenant, less arrears, good relationship

Question 2

Talk me through the advice you gave the council about the method of valuation.

Answer 2

Used comparable method as most most common, good amount of data available, standard council practice, fairer for tenants

Question 3

Why did you need to advise the council about the clauses of their own leases?

Answer 3

Different departments, leases are made by the legal department, meeting was with seniors who have less day to day work with leases and specific clauses such as those relating to assignment or subletting

Question 4

What is the rateable value of the property?

Answer 4

£7,900