Flash Questions

Question 1

What does RNRB stand for?

Answer 1

Residence Nil Rate Band

Question 2

When do you qualify for RNRB?

Answer 2

Death occurs on or after 06 April 2024

Question 3

When is RNRB available?

Answer 3

Person owened their own property and their will or the intestacy rules leaves their property to certain relatives deined as ‘lineal descendents’

Question 4

What is the RNRB Tax Free Allowance?

Answer 4

£175,000

Question 5

what are all the following a variety of: pearl, flagon, volume and HWS Cassia?

Answer 5

Winter Barley

Question 6

What is Simmental?

Answer 6

A breed of cattle (originating from Western Switzerland)

Question 7

What is the name of the UKs largest farm and food standards scheme?

Answer 7

Red Tractor

Question 8

What are the following a variety of; Anastasia, DK Cabernet, Exclaim and Excalibur?

Answer 8

Winter Oilseed Rape

Question 9

What are Stabilsier and Wagyu?

Answer 9

Breeds of Cattle

Question 10

Under what section is a notice served to review the rent of a FBT?

Answer 10

England and Wales - Section 10 Agricultural Tenancy Act 1995

Question 11

How many kilograms of which elements are there in a tonne of 20-5-10 compound fertiliser?

Answer 11

200 kg Nitrogen, 50 kg Phosphate, 100 kg Potash

Question 12

Rights of way terminology, what is a BOAT?

Answer 12

A byway open to all trafic

Question 13

If the parties to a business tenancy wish to contract out of the right to renew provisions, which sections of the Landlord and Tenant Act 1954 will not apply to the tenancy?

Answer 13

England and Wales - Sections 24 to 28 (Part II of the Act)

Question 14

What are the following a variety of; Fuego, Fanfare and Vertigo?

Answer 14

Spring Beans

Question 15

What is the indivudal exemption for Capital Gains Tax

Answer 15

£12,300 (£6,150 for trusts)

Question 16

What is the time limit for serving a notice to quit following the death of a sole tenant under the Agricultural Holdings Act 1986?

Answer 16

After the death and no later than 3 month after the personal representatives of the sole tenant have served written notice of the landlord death.

Question 17

What are Mules and Cheviots?

Answer 17

Breed of sheep

Question 18

How does a landlord or terminate a 3 year fixed term FBT?

Answer 18

At least 12 months notice of intention to terminate must be given before the term date

Question 19

What is the full time of ‘The RICS Red Book’?

Answer 19

RICS Valuation, Global Standards 2020

Question 20

What does NPPF stand for?

Answer 20

National Planning Policy Framework

Question 21

What are landcare, Large White and Gloucter Old Spot?

Answer 21

Breeds of pigs

Question 22

What was the deadline date for transferring BSC entitlements in 2019?

Answer 22

17 May 2019

Question 23

Which 1990 legal case established the etent of the land that damage or injurious affection should be assessed on followig tbe laying of water pipes across agricultural land?

Answer 23

St Johns Colleage Exford v Thames Water Authority

Question 24

What is personal allowance for income tax in 2024?

Answer 24

£12,570

Question 25

What does Section 5 of the Land Compensation Act 1961 set out?

Answer 25

The six basic rules of valaution, the first four of which concern market value

Question 26

What are the available percentage of APR relief?

Answer 26

50% and 100%

Question 27

What section of the AHA 86 governs tenant fixtures?

Answer 27

Section 10 of the 1986 Act

Question 28

Planning; What dies initials of LDF stand for?

Answer 28

Local Development Framework

Question 29

What does a definitive map show?

Answer 29

Public Rights of Way

Question 30

What is a decidous tree?

Answer 30

One that loses its leaves in the Autumn

Question 31

How long is an EPC valid for?

Answer 31

10 years

Question 32

What are Skyfall, Graham and Revelation varieties of?

Answer 32

Winter Wheat

Question 33

What particular grass weed in cereals would you treat with avadex, liberator or Atlantis?

Answer 33

Black-grass

Question 34

What determined Council Tax Band

Answer 34

Value of the property you live in at a specific point - on the 01 April 1991

Question 35

What is a beltex?

Answer 35

A commercial breed of sheep

Question 36

Which section defines the amount of rent payable under ATA 1995

Answer 36

Section 13

Question 37

What is disregarded under an ATA 1995 RR

Answer 37

Tenants improvements, occupation by the tenant, not fix the rent at a lower about by reason of a dilapidation

Question 38

Name four new tenant liabilities to Repair under the new model clauses?

Answer 38

Reparing space and water heating system reparing garden and yard doors repairing fixed equipment repairing insulation and water pipes reparing livestock handling system and sheep dips reparing radon pumps

Question 39

Why would a Landlord want to offer an AHA tenant a fixed term FBT?

Answer 39

Would benefit of 100% APR rather than 50% on the agricultural value of the property. FBT provides certainty for estate planning and remove any succession prospects.

Question 40

What are the types of charging fees?

Answer 40

Commission Hourly Fixed Fee Scale Fee

Question 41

Two exmaples of your clients money which could be held in the business client account?

Answer 41

Rents/Licence Fees Auction sale proceeds Tenants deposits

Question 42

What is uncultivated land?

Answer 42

Land which is subject to physical or chemical cultivations in the last 15 years

Question 43

Under what legisaltion can the removal of a hedge be considered a criminal offence?

Answer 43

The hedgrow regulations 1997