RICS APC Law and Regulation

Question 1

Under the Landlord and Tenant Act 1954, what protection does Part II provide to business tenants?

Accepted Answer

Security of tenure — the right to renew the lease at the end of the contractual term

Answer

Automatic rent reductions

Answer

Free maintenance of the property

Answer

The right to sublet without consent

Question 2

What is the effect of 'contracting out' of the Landlord and Tenant Act 1954?

Accepted Answer

The tenant waives their right to security of tenure and automatic lease renewal

Answer

The tenant receives additional protection

Answer

The landlord cannot collect rent

Answer

The lease becomes a freehold

Question 3

Under English property law, what is the difference between 'freehold' and 'leasehold'?

Accepted Answer

Freehold is indefinite ownership of property and land; leasehold is a right to occupy for a fixed term granted by the freeholder

Answer

There is no legal difference

Answer

Leasehold gives greater rights than freehold

Answer

Freehold only applies to commercial property

Question 4

What is the purpose of the 'Town and Country Planning Act 1990'?

Accepted Answer

To provide the framework for the planning system in England, including development control and planning permission

Answer

To regulate building standards

Answer

To set environmental standards

Answer

To regulate landlord and tenant relationships

Question 5

What does the 'Party Wall etc. Act 1996' require?

Accepted Answer

A building owner to notify adjoining owners before carrying out certain works to or near party walls, boundary walls, or excavations

Answer

Neighbours to share building costs equally

Answer

All boundary walls to be demolished

Answer

Party walls to be inspected annually

Question 6

In English property law, what is an 'easement'?

Accepted Answer

A right that a landowner has over another person's land, such as a right of way or right of light

Answer

A type of mortgage

Answer

A lease agreement

Answer

A planning permission