Inspection Flashcards
(142 cards)
What are the purposes of inspection?
Rent reviews and lease renewals - check for any improvements or damages
Valuation - to understand factors that can influence the value such as location, aspect, condition
purchase or sale - to check the condition of the property, access, car parking, location etc.
Property management - lease compliance, statutory compliance, defects, occupational details, landscaping, security.
What is the prime driver of value for offices?
Specification
According to VPGA 8, what matters can impact the markets perception on value?
A. Surrounding area, communications and facilities
B- Characteristics of the property (age, construction)
C- Characteristics of the site (natural hazards: flooding, non-natural hazards: Contamination)
D- Potential for redevelopment or development
According to the RICS professional standards and guidance: environmental risks and global real estate, 1st Edition (2018), what factors can negatively impact a valuation?
Contamination, flooding, asbestos, invasive non-native species, solar farms, windfarms, radon gas affected areas, poor EPC
What needs to be completed before visiting a premises or site?
Pre-assessment of hazards and risks likely to be encountered
If there is a requirement for PPE
What matters need to be considered before visiting a premises or site?
Travel, lone-working, condition of property, occupation, dangerous substances, diseases, access equipment, PPE, weather conditions, documentation (Previous inspection records).
What matters should be considered during the site inspection?
Structural stability
Sharp objects
Slip/trip hazards
Contamination
Weather conditions
What are key signs of structural instability that should be looked for on inspection?
Leaning/buldged walls, rotten beams and columns, corroded metal fire escapes/balconies
What timbers, glass and sharp objects should be looked out for on inspection?
Rotten and broken floors, projecting nails and screws, loose window glazing, broken glass
What are examples of unsafe atmospheres that should be considered during inspection?
Confined spaces with insufficient oxygen, rotting vegetation, stores containing flammable materials, excessive mould or fungi, insecticides/herbicides/fungicides
How should the risk of falls from height be assessed when working on site?
Using safety tested ladders, MEWPs, scaffolds and access towers, working in pairs. Sufficient RAMs needed and PPE should be worn at all including safety harnesses if needed
What are some examples of hidden traps, ducts and openings that you may come across on inspection?
Lift shafts, manholes
What are the risks associated with other people or animals that may be encountered on property inspections?
Squatters, trespassers, dogs or aggressive tenants
What items would you take with you on an inspection?
Phone with camera, tape measure, laser, file with plans and other supporting documentation, PPE, notebook and pen
What considerations should be made when undertaking an external inspection?
Location, public transport, contamination, flooding, comparable evidence, local market conditions, method of construction, car parking, repair of exterior
How can the age of a building be assessed?
Ask the client, research planning, land registry, architectural style
What safety equipment might you have with you?
Mobile phone, steel toe capped boots, hard hat, high vis jacket
Property management VS Valuation inspection?
PROPERTY MANAGEMENT: Lease compliance, state of repair, details of occupier, security arrangements, maintenance issues
VALUATION: Location, tenure, form of construction, defects, condition, occupation details
What legislation covers inspections?
Health and Safety at Work Act 1974
What equipment do you take out on property inspections?
Phone with camera
Laser disto/tape measure
PPE; high vis jacket
Pen and paper
Plans of the property
What protection could the tenant seek under Leasehold Property (Repairs) Act 1938?
A tenant can apply to the court for protection against a landlord’s Section 146 notice for disrepair, provided the lease is for more than 7 years and has more than 3 years remaining. The court can delay, reduce, or even prevent enforcement of the repair obligations to protect the tenant from excessive or unnecessary costs
How could the Landlord get around the protection under the Leasehold Property (Repairs) Act 1938?
A landlord can serve a Section 146 notice during the last 3 years of the lease. The Act only applies when more than 3 years remain, so tenants can’t seek relief under it once the lease enters its final three years.
What are the organisational responsibilities in RICS Surveying Safely (2018)?
Management process designed to identify foreseeable risks and reduce the risks identified – i.e. have a H&S policy
Clear lines of accountability for H&S management
Training and information provided on H&S
Process to manage contractors and services
Have appropriate insurances
What are the individual responsibilities in Surveying Safely 2018?
Undertake Risk Assessments
Ensure H&S policies and procedures are practiced effectively
Recognise their competence
Understand the risks associated with relevant tasks
Responsible for their own and others’ H&S