APC Revision Sessions on 27th, 28th, 29th and 30th April 2020
Delivered by Microsoft Teams
11.00am until approximately 12.30pm
£125.00 plus VAT @ 20% (£25.00) inclusive of supporting notes (see “Terms and Conditions”)
Limited to 24 places to ensure that individual training needs can be addressed
Provides 6 hours of formal CPD
Post session study to reinforce knowledge and understanding provides additional CPD hours.
Aims and Outcomes
These APC Revision Sessions are aimed primarily at providing the knowledge and understanding for Commercial Real Estate and Valuation candidates in the Core Competencies of Valuation, Inspection and Measurement and, the Optional Competency of Landlord and Tenant.
The Sessions 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 looking at commonly asked questions with recommended answers. Understanding will be achieved through ongoing open forum discussion.
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 - Please read carefully before booking
By completing the application form, you are entering into a binding contract to pay for the training sessions, subject to the cancellation conditions in (2), (3), (4) and (5) below.
If the invoice has not been paid and a cancellation is made within 14 days of the first session is presented or, attendance is not made, you will be liable for full payment.
If the invoice has not been paid and a cancellation is received at least 14 days before the date the first session is presented an administration charge of £30.00 plus VAT will be made.
A refund will only be made if a cancellation is received at least 14 days before the date first module is presented, and this will be subject to an administration charge of £30.00 plus VAT.
JFPC Valuation School reserve the right to cancel the presentation of these sessions and in this case a full refund will be made.
These training sessions do not represent any official view of the RICS and cannot offer any guarantee that their completion will result in success at APC final assessment.
Booking confirmation, VAT receipt and joining details will be sent at least 48 hours before the date the first session is presented.
RICS Global Red Book 2020 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
Session 3: 29th April 2020, 11.00am to 12.30pm
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.
The Machinery / Time of the Essence, The Basis of Value / Assumptions and Disregards, Settling Disputes / Expert and
Arbitrator, Calderbank Offers
Schedules of Condition and Dilapidations, S18(1) of the 1927 Act
Alterations and Improvements; Alienation; User; Break Notices
Session 4: 30th April 2020, 11.00am to 12.30pm
Other Optional Competencies
Development Appraisals; Leasing and Letting; Purchase and Sale; Property Management
Level 3: Ethics, Rules of Conduct and professionalism
Level 2: Client care; Communication and negotiation; Health and safety;
Level 1: Accounting principles and procedures; Business planning; Conflict avoidance, management and dispute resolution procedures; Data management; Diversity, inclusion and teamworking, Inclusive environments, Sustainability.