APC Revision Day for Commercial Property Practice and Valuation

An APC Revision Day on 2nd April 2020 in St Helens, Merseyside

  • 10.00 am until 5.00 pm (registration from 09.30)
  • £125.00 plus VAT @ 20% (£25.00) inclusive of supporting notes, lunch and refreshments (see “Terms and Conditions”)
  • Limited to 24 places to ensure that individual training needs can be addressed
  • Provides 6 hours of formal CPD
  • Post module study to reinforce knowledge and understanding provides additional CPD hours.

Venue

The Griffin Inn Hotel and Restaurant, Church Lane, Eccleston, St Helens, Merseyside WA10 5AD (Just off the A580 East Lancs Road. Free car-parking. Overnight accommodation available. For location / directions and accommodation details visit www.griffininn.co.uk).

Aims and Outcomes

  • This APC Revision Day is aimed primarily at providing the knowledge and understanding for Commercial Property Practice and Valuation candidates in the Core Competencies of Valuation, Inspection and Measurement and, the Optional Competency of Landlord and Tenant.
  • The Day will also provide an outline of the knowledge and understanding for the Optional Competencies of Development Appraisals, Leasing and Letting, Purchase and Sale and, Property Management together with the Mandatory Competencies.
  • The structure of the Final Assessment will be addressed, and advice given on the Case Study Presentation and answering questions.
  • The knowledge element will be provided by lectures with detailed supporting notes. Understanding will be achieved through open forum discussion using typical APC Final Assessment questions.

Module Presenter

John Faulkner FRICS is a former valuation lecturer, a consultant in private practice, a regular contributor at CPD events an APC / AssocRICS training consultant. Please contact John for further details on this Revision Day if you wish.

Terms and Conditions

  1. This training module does not represent any official view of the RICS and cannot offer any guarantee that its completion will result in success at APC final assessment.
  2. Booking confirmation, VAT receipt and directions to venue will be sent at least 48 hours before the date the module is presented.
  3. A refund will only be made if a cancellation is received at least 14 days before the date the module is presented and this will be subject to an administration charge of £30.00 plus VAT.
  4. JFPC Valuation School reserve the right to cancel the presentation of this module and in this case a full refund will be made.
CORE COMPETENCIES OPTIONAL COMPETENCIES etc

Valuation

RICS Global Red Book 2017 and the UK National Supplement:

  • Competence, Exceptions, Departures, Terms of Engagement, Reports, Bases of Value, Assumption and Special Assumptions.

The 5 Conventional Methods of Valuation:

  • Comparable, Investment, Residual, Profits / Accounts and Contractors / DRC

Conventional Investment Valuation Techniques:

  • Gross and Net Yields, Term and Reversion, Hardcore / Layer, Over-rented, Equivalent Yield and True Equivalent Yield

Growth Explicit Techniques:

  • Investment Value and Worth, Gross and Net Present Value and, Equated Yield

Landlord & Tenant

Lease v Licence
Landlord and Tenant Act 1954

  • Sections 24 – 28, Friendly and Hostile Notices, The Power of the Courts, Contracting Out, Interim Rents.

Rent Reviews

  • The Machinery / Time of the Essence, The Basis of Value / Assumptions and Disregards, Settling Disputes / Expert and Arbitrator Calderbank Offers

Repairs

  • Schedules of Condition and Dilapidations, S18(1) of the 1927 Act

Alterations and Improvements; Alienation; User; Break Notices

Inspection

Purposes

  • Valuation, Lease Renewal / Rent Review

RICS Guidance Note, Surveying Safely

  • Pre-Inspection Risk Assessments

Basic Building Construction

  • Walls, Roofs, Frame Construction, Portal Frames, Specifications

Basic Building Defects

  • Damp, Structural Movement, Deleterious Materials

Other Optional Competencies

Development Appraisals; Leasing and Letting; Purchase and Sale; Property Management

Mandatory Competencies

Conduct Rules, ethics and professional practice; Client care;  Communication and negotiation; Health and safety; Accounting principles and procedures; Business planning; Conflict avoidance, management and dispute resolution procedures; Data management; Sustainability; Teamworking

Measurement

RICS Code of Measuring Practice, 6th Ed, 2007
RICS Property Measurement, 2nd Ed, January 2018

  • IPMS / GEA, GIA, NIA

Equipment, Scale and Accuracy

The Final Assessment Interview

  • Structure
  • Case Study Presentation
  • Answering Questions

Download Booking Form Here

APC Revision Day - Booking Form

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APC Revision Day - 2nd April 2020 NB: All prices are inclusive of VAT

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Terms and Conditions

  1. This training module does not represent any official view of the RICS and cannot offer any guarantee that its completion will result in success at APC final assessment.
  2. Booking confirmation, VAT receipt and directions to venue will be sent at least 48 hours before the date the module is presented.
  3. A refund will only be made if a cancellation is received at least 14 days before the date the module is presented and this will be subject to an administration charge of £30.00 plus VAT.
  4. JFPC Valuation School reserve the right to cancel the presentation of this module and in this case a full refund will be made.

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