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

From April 2023 it has been unlawful to continue letting commercial properties with an EPC rating below E, building on the earlier 2018 prohibition on granting new leases for sub-E rated properties.

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 PAMP is a strategic planning tool that identifies objectives, risks, capital expenditure requirements, and actions to optimise the performance, value, and income of a property or portfolio.

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

The Regulatory Reform (Fire Safety) Order 2005 places fire safety duties on the 'responsible person,' typically the employer or occupier with control over the premises, requiring a fire risk assessment and appropriate preventive measures.

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

PPM involves scheduling maintenance activities proactively based on manufacturer guidelines and condition surveys, reducing the risk of unplanned failures and managing building life-cycle costs more efficiently.

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

The Dilapidations Protocol requires parties to exchange quantified schedules and formal responses at an early stage, encouraging negotiation and settlement of claims before resorting to court proceedings.

RICS APC Practice Test

RICS APC Practice Test

RICS APC Commercial Property Management 3