RICS APC Commercial Property Management 3

Question 1

Under the Minimum Energy Efficiency Standards (MEES) regulations, what is the minimum EPC rating required for a commercial property to be lawfully let in England and Wales?

Accepted Answer

EPC rating E — properties rated F or G cannot be let

Answer

EPC rating F — properties rated G cannot be let

Answer

EPC rating D — all commercial leases must achieve D from 2025

Answer

EPC rating C — the government's current minimum for commercial lettings

Question 2

What is a 'property asset management plan' (PAMP)?

Accepted Answer

A strategic document setting out objectives and actions to maximise the performance and value of a property asset

Answer

A statutory document required by the local planning authority for listed buildings

Answer

A maintenance log required by the Health and Safety Executive for commercial premises

Answer

A planning application document required for a commercial change of use

Question 3

Under the Regulatory Reform (Fire Safety) Order 2005, who is the 'responsible person' for fire safety in a multi-tenanted commercial building?

Accepted Answer

The employer, occupier, or person with control over the premises or relevant part of it

Answer

Automatically the freeholder in all circumstances regardless of occupation

Answer

A licensed fire safety officer appointed by the building owner

Answer

The local fire and rescue authority for buildings exceeding five storeys

Question 4

What is 'planned preventive maintenance' (PPM) in commercial property management?

Accepted Answer

Scheduled maintenance carried out at regular planned intervals to prevent breakdowns and extend asset life

Answer

Emergency repair work instructed by the managing agent following a system failure

Answer

Annual cosmetic redecoration of common parts funded through the service charge

Answer

Reactive maintenance funded from the sinking fund after a major building failure

Question 5

What is the primary purpose of the Pre-Action Protocol for Dilapidations Claims in England and Wales?

Accepted Answer

To encourage early exchange of information and negotiation between parties to promote settlement without litigation

Answer

To provide tenants with a statutory right to carry out remedial works before a claim is issued

Answer

To set mandatory limitation periods within which all dilapidations claims must be issued

Answer

To replace the Scott Schedule in all Commercial Court dilapidations proceedings

Question 6

What is a 'green lease' in commercial property?

Accepted Answer

A lease incorporating mutual obligations on landlord and tenant to operate the property in an environmentally sustainable manner

Answer

A lease offering reduced rent in exchange for the tenant funding sustainability improvements

Answer

A government-backed lease scheme qualifying the property for automatic BREEAM certification

Answer

A lease that is automatically compliant with the RICS net zero carbon pathway requirements

Question 7

What is 'forfeiture' in the context of a commercial lease, and when can it be exercised?

Accepted Answer

The landlord's right to end the lease and re-enter the property when the tenant is in breach of a lease covenant

Answer

The tenant's right to terminate the lease early when the landlord breaches the covenant of quiet enjoyment

Answer

The automatic termination of a lease upon a tenant entering administration

Answer

The surrender of a lease by mutual agreement at any time during the term