A One Day Briefing

Understanding Property –
The Next Steps

Chair
Professor Sarah Sayce, Head of School of Surveying, Kingston University
Joint Author, Building Sustainability in the Balance;
Joint Author, Property and Construction Economics; Joint Author, Real Estate Appraisal

Speakers
Tracy Aarons, Building Control Officer, Mendip Council and Chairman, RICS Building Control Forum
Derek Bruce, Senior Lecturer, School of Surveying, Kingston University and Practising Chartered Surveyor
Mike Pain, Director, Rogers Chapman
Penny Schofield, Solicitor, Residential Letting and Property Management Consultant

LEGAL NOTICES
•Service of notices
•Timing
•Common law notices
•Statutory notices in relation to
- business tenancies
- residential tenancies
•Responding to notices

RENT REVIEWS
•Reviewing the lease
•Timing processes
•Valuation considerations
•Negotiations
•Settlement including dispute resolution options

VALUING DIFFERENT TYPES OF PROPERTY
•Leisure premises
•Hotels
•Specialised properties
•Shopping centres
•Petrol filling stations
•Development sites

LEASE RENEWALS (BUSINESS TENANCIES)
•Legislative framework
•Contracting out
•Renewal procedures
•Grounds for opposition
•Interim rent
•Terms of the renewal tenancy

RATING
•The hereditament
•Rateable occupation
•Exemptions and reliefs
•Calculating rates bills
•Appeals

PROPERTY INVESTMENT FUNDING
•Sources of funding
•Debt v equity
•Risk assessment
•Traditional funding methods
•Alternative funding methods
•Sale and leaseback transactions

BUILDING PATHOLOGY
•Definition of building pathology
•Survey recording and equipment
•Poor workmanship
•Materials failure
•Design failure
•Problems commonly encountered

CONVEYANCING
•Registered and unregistered land
•Transfer and types of title
•Registration processes
•Drafting of commercial leases
•E-conveyancing

AUCTIONS
•Statutory requirements
•Advantages and disadvantages
•Cataloguing
•Misdescriptions
•Process and procedures
•Failure to complete
•RICS guidance note

THE COURT SYSTEM AND ITS RELEVANCE TO PROPERTY
•Criminal courts – Magistrates and Crown
•Civil courts
•Tribunals
•Case referrals
•Civil procedure rules
•Expert witnesses (RICS code)

HAZARDOUS AND DELETERIOUS MATERIALS
•Hazardous and deleterious materials differentiated
•Asbestos and asbestos regulations
•Woodwool slabs
•High alumina cement
•Calcium chloride
•Radon gas
•The ‘mundic’ problem
•Other hazardous materials