APC Inspection and Measurement Commercial Real Estate and Valuation Pathways
An APC Training Module providing the knowledge and understanding necessary to achieve Level 1 in Inspection and in Measurement
The Commercial Real Estate Pathway Guide for Inspection states:
Assessors will be seeking confirmation that all candidates have a good knowledge of building construction, location analysis and defects. (The Valuation Pathway Guide adds: machinery and business assets)
The Commercial Real Estate Pathway Guide for Measurement states this competency:
refers particularly to measurement of saleable/lettable areas for agency or valuation
The module provides a minimum 4 hours of formal CPD and its contents are:
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Inspections
- The Inspection Competency
- RICS Guidance Notes
- Reasons for Property Inspection
- Inspection for Valuation
- RICS Valuation – Global Standards
- Environmental risks and global real estate 1st Edition, November 2018
- Factors that may negatively impact valuation
- Hazardous or Deleterious Materials
- Surveying safely: health and safety principles for property professionals 2nd Edition, 2018
- Pre-Inspection
- Arriving and during visits to premises or at sites
- Securing the site and leaving
- Basic Knowledge of Building Construction
- Typical Dimensions
- Solid brick walls
- Cavity brick walls
- Rafter and purlin roofs
- Roof trusses
- Framed buildings
- Basic Knowledge of Building Specification
- Offices
- Industrial and Warehouse Buildings
- Retail premises
- Building Defects
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Measurement
- The Measurement Competency
- RICS Code of Measuring Practice, 2015
- RICS Property Measurement, 2018
- International Property Measurement Standards: All Buildings, 2023
- Core Definitions
- Gross External Area / IPMS 1
- Gross Internal Area / IPMS 2
- Net Internal Area / IPMS 3 & 4
- Measuring Equipment
- Desktop Measurements
- Scale / Scaled Drawings
- Online mapping / measurement
- Measurement application and practice.
- Measurement Accuracy
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