APC > Mandatories > Flashcards

Mandatories Flashcards

(35 cards)

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1
Q

What tactics do you undertake when negotiating?

A
  1. Agree clients objectives and negotiating strategy
  2. Prepare win-win, fallback positions and areas of common ground
  3. Decide what points you can give on and what points are non-negotioable
  4. Understand other parties position
  5. Consider the method of communication
  6. Create a constructive environment for negotiations
  7. Develop a partnership / collaborative approach
  8. Maintain communication
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2
Q

What is a balance sheet?

A

A balance sheet is a statement of a businesses financial position and shows its assets and liabilities at a given date

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3
Q

What is a profit and loss account?

A

A profit and loss account is a statement of a businesses financial performance and shows income and expenditure

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4
Q

What changes are you aware of in accountancy?

A
  1. Changes to IFRS 16 with full cost of leases to be accounted for on balance sheet.
  2. Occupiers obligation to pay rent has to be recognised as a liability
  3. Exemptions exist for Leases shorter than 12 months
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5
Q

What does Tina Paillets policy focus on?

A

Policy focuses on the four pillars of the RICS Strategy: Future Foundations

  1. Enhance Member Value and Engagement
  2. Attract a diverse next generation
  3. Strengthen trust in the profession
  4. Lead and influence on sustainability
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6
Q

How do you keep your data secure?

A
  1. Password Protection
  2. Encrypt data on secure hard disk drives
  3. Regular backups off site
  4. Firewalls and disaster recovery procedures
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7
Q

What are the 8 individual rights under UK GDPR?

A

Right:

  1. To be informed
  2. Of access
  3. To rectification
  4. To erasure
  5. To restrict processing
  6. to data portability
  7. to object
  8. to automated decision making and profiling
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8
Q

Who polices the data protection act 2018?

A

Information Commissioners Office (ICO) - fines up to 4% of global turnover or £17.5 million for breaches (whatever is greater)

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9
Q

What are the key principles of UK GDPR?

A

Data must be:

  1. Processed lawfully / fairly / transparently
  2. Collected for specified, legitimate purposes
  3. Limited to what is necessary
  4. Accurate and kept up to date.
  5. Processed with appropriate security
  6. Kept no longer than necessary
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10
Q

What are some of the key requirements of UK GDPR?

A
  1. Obligation to conduct impact assessments for high risk holding of data
  2. Data security breaches must be reported to ICO within 72 hours when loss of data
  3. Organisations must be able to prove to ICO how they comply with regulations
  4. Data controller decides how and why personal data is processed.
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11
Q

Are you aware of any RICS documents for Data Protection?

A

Proposed RICS Professional Standard on Data Handling and Prevention of Cyber on Data Handling and Prevention of Cybercrime

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12
Q

What is the Freedom of Information Act 2000?

A
  1. Gives individuals the right of access to information held by public bodies
  2. Public must tell any individual requesting information if they hold it
  3. Normally required to supply within 20 working days
  4. Exemptions are allowed if contrary to GDPR requirements or if it prejudiced criminal matter or commercial interest
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13
Q

What are the 9 protected characteristics?

A
  1. Gender reassignment
  2. Sex
  3. Sexual orientation
  4. Age
  5. Disability
  6. Race
  7. Religion / Belief
  8. Marriage / Partnership
  9. Pregnancy / Maternity
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14
Q

What is unconscious bias?

A

Associations we hold which are deeply ingrained and outside of our awareness / control

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15
Q

How do you work well as a team?

A
  1. Listen
  2. Discuss
  3. Persuade
  4. Respect
  5. Help
  6. Share
  7. Participate
  8. Communicate
  9. Reflect
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16
Q

How can companies help incorporate diversity and inclusion?

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A
  1. Policies
  2. Recruitment Techniques
  3. Inclusive Communication
  4. Practices beyond legal requirements of Equality Act 2010
  5. Training programmes
17
Q

What RICS iniatives are you aware of for diversity and inclusion?

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A

RICS and other build environment bodies have signed an MOU to create a more diverse / equitable sector

18
Q

What are the four types of illegal discrimination under the Equality Act 2010?

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A
  1. Direct
  2. Indirect
  3. Harassment
  4. Victimisation

These extend obligations to all controllers of let premises and it is unlawful for those managing buildings to discriminate against occupier

19
Q

What does the Equality Act require service providers to undertake when disabled persons are faced with access obstacles?

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A
  1. Remove / alter feature
  2. Provide reasonable means of avoiding the obstacle / providing reasonable alternative access to the service.
20
Q

What is the test for reasonableness (Equality Act)?

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A
  1. Effectiveness of adjustment
  2. Practicality of adjustment
  3. Financial costs and disruption
  4. Financial and other resources available to service provider.
21
Q

What is an EPC?

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A
  1. Energy Performance Certificate
22
Q

What is MEES?

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A

Minimum energy efficiency standards

23
Q

What are the 5 key provisions of the EPC regime (MEES)?

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A
  1. Higher standards of energy conservations
  2. Establishing a calculation methodology for energy performance
  3. Minimum requirements for the energy performance of all buildings
  4. Energy certification for all buildings when built / modified / leased / sold.
  5. Mandatory inspection of boilers and air conditioning systems.
24
Q

What are the current EPC rules in England & Wales?

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A

Required for all commercial buildings with a total useful floor area of 50 sqm. or more:
1. When newly built / sold / let for more than 6 months (and less than 99)
2. When newly refurbished / subject to building regulations
3. Subletting / assignment

25
What exemptions are there for EPC?
1. Listed buildings 2. Buildings with no heating 3. Religious buildings 4. Temporary buildings 5. Buildings due to be demolished / redeveloped
26
What are the EPC requirements for marketing?
1. Must be commissioned with 7 days of commencement of marketing (28 day limit for procurement) 2. Agents are responsible
27
What information should an EPC certificate hold?
1. Address of property 2. Floor area 3. EPC certificate number 4. Technical information on energy provision 5. Estimation of running costs 6. Performance rating 7. Benchmarking info
28
How long is an EPC valid for?
1. 10 years unless altered
29
Where can you find EPC's?
Online register
30
What are the MEES regulations 2015?
1. Requirement for minimum rating of E for new leases from 1st April 2018 2. Existing leases from 1st April 2023
31
What is exempt from MEES regulations?
1. Building does not need EPC 2. Industrial with low energy demand 3. When tenancy is less than 6 months with no security of tenure 4. Tenancy is over 99 years 5. Not feasible to improve EPC 6. When improvements would devalue property by more than 5% 7. When third party consent is refused
32
What changes to MEES legislation are you aware of?
Minimum standard of C -rating by 2028 put on hold
33
What is BNG?
Biodiversity Net Gain - A way of creating / improving natural habitats to deliver a positive impact - Policy response to decline in biodiversity
34
What are the BNG requirements?
1. From 12 February 2024 - compulsory for new developments to provide min 10% BNG 2. Must be secured for at least 30 years 3. Either through on-site or off-site measures
35
What is BREEAM?
1. Voluntary environmental assessment tool to rate buildings 2. Five ratings Pass Good Very good Excellent Outstanding
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