Leasing and letting L1

Question 1

Tell me about your understanding of legislation relevant to your leasing and letting practice?

Answer 1

x

Question 2

Tell me about your understanding of the Estate Agents Act 1979.

Answer 2

x

Question 3

What are the 6 key principles of the Estate Agents Act 1979?

Answer 3

x

Question 4

How does Section 18 relate to your letting practice?

Answer 4

x

Question 5

What are the four agency bases?

Answer 5

x

Question 6

What are the differences between the four agency bases?

Answer 6

x

Question 7

What is a ready, willing and able purchaser?

Answer 7

x

Question 8

How does Section 21 relate to your letting practice?

Answer 8

x

Question 9

Tell me about key points of the Consumer Protection / Business
Protection Regulations.

Answer 9

x

Question 10

What is an average consumer/material information?

Answer 10

x

Question 11

How does the Misrepresentation Act 1967 relate to your agency
practice?

Answer 11

x

Question 12

What does the Unfair Contract Terms Act 1977 say?

Answer 12

x

Question 13

Do you need to inform your client if you offer a service to a prospective tenant?

Answer 13

x

Question 14

Tell me about your understanding of the Code for Leasing Business Premises in England & Wales.

Answer 14

x

Question 15

Explain what alienation is.

Answer 15

x

Question 16

What happens if there is no alienation clause in a lease?

Answer 16

x

Question 17

What is subletting?

Answer 17

x

Question 18

What is assignment?

Answer 18

x

Question 19

Explain your understanding of the Landlord & Tenant (Covenants)
Act 1995 and how it affects your leasing work.

Answer 19

x

Question 20

What does S19 1a of the Landlord & Tenant (Covenants) Act say?

Answer 20

x

Question 21

What is an Authorised Guarantee Agreement and when might one
be given?

Answer 21

x

Question 22

Can a tenant assign a lease to it’s guarantor?

Answer 22

x

Question 23

What is a pre-letting?

Answer 23

x

Question 24

What is an Agreement for Lease?

Answer 24

x

Question 25

What is a collateral warranty?

Answer 25

x

Question 26

Tell me about the planning considerations you are aware of if you want to install a marketing board.

Answer 26

x

Question 27

Tell me about the requirement surrounding letting property and EPCs.

Answer 27

x

Question 28

What buildings are exempt from having an EPC?

Answer 28

x

Question 29

Where does the EPC have to be shown?

Answer 29

x

Question 30

Tell me about how MEES affects your leasing practice.

Answer 30

x

Question 31

What would you do if you were asked to let an F or G rated property?

Answer 31

x

Question 32

How can you improve an EPC rating?

Answer 32

x

Question 33

How does VAT affect lettings?

Answer 33

x

Question 34

What type of operator might be affected by a rent which is subject to VAT?

Answer 34

x

Question 35

Talk me through your understanding of contracting out a lease, why it might be done and how you do so.

Answer 35

x

Question 36

What health checks apply to contracting out?

Answer 36

x

Question 37

When did contracting out procedures last change?

Answer 37

x