User Account

All Pages

Code of measuring practice

Assignment Help Basic Statistics
Reference no: EM13247084

QUESTION 1

Summarise the provisions and purpose of the RICS Valuation - Professional Standards (the Red Book) and briefly discuss the benefits and difficulties you consider it gives rise to. You may illustrate your answer with examples, but the identity of the parties concerned should not be disclosed or readily identifiable.

QUESTION 2

Write an executive summary for the managing director of a small private investment company, describing the office property market in the nearest town to the area where you work.

QUESTION 3

Your client has recently inherited a small portfolio comprising three shops with flats above, a multi-let office building and an industrial unit. She has been looking at reports from the previous managing agent and is concerned about the basis of measurement applicable to each for letting and insurance purposes. Based on the work undertaken for Unit 4, Activity 2:

a. Explain the rationale for the use of the Code of Measuring Practice when carrying our valuations for rental and insurance purposes.

b. Explain the principles involved in calculating the floor area of a retail shop unit for rent review purposes.

QUESTION 4

a. Provide the analysis of the properties in Summer Road that you undertook in Unit 4, Activity 5, together with a brief explanation of the adjustments or assumptions you made.

b. Value the freehold interest in the retail property unit analysed in Unit 4, Activity 3. It is currently let on a full repairing and insuring (FRI) lease, with five-yearly rent reviews, at a rent of £125,000 per annum with three years to run to the next rent review. The current rental value is £140,750 per annum; market evidence suggests a yield of 6%.

QUESTION 5

A valuation is only as good as the comparable evidence used. Therefore, rigorous analysis and consistent validation of the comparable data collected is as important as the mathematical formula used in any valuation. Discuss this statement.

Reference no: EM13247084

Questions Cloud

Explain the zinc compartment causing precipitation : Consider the standard cell at 25C based on the following half-reactions. Pb^2+ + 2e^- --> Pb E=-0.13V Zn^2+ + 2e^- --> Zn E=-0.76V To the standard cell, OH-, is added to the zinc compartment causing precipitation of Zn(OH)2. After precipitation is..
Explain half cells compare electrode potentials calculated : For each of the half cells compare electrode potentials calculated from (1) concentration and (2) activity data. a) HCl (0.0200 M), Nacl (0.0300 M)|H2 (i.00 atm), Pt b) Fe(Clo4)2 (0.0111M), Fe(ClO4)3(0.0111M)|Pt
Find the minimum and maximum time for vibrational : A spider has a mass of 0.70-g and is hanging from rest on a 20-cm long thread of 0.0020-mm diameter of silk, If the string is whirled in a circle at a rate of 2 revolutions per second, what is the minimum and maximum time for vibrational information..
Compare the area-delay and power of the adders : Design a 16 bit adder using both the ripple carry and CLA methods. Use 4-bit CLA blocks for the carry-lookahead design. Use only two-input logic gates in your design. Simulate the design using LogiSim at the logic gate level.
Code of measuring practice : Explain the rationale for the use of the Code of Measuring Practice when carrying our valuations for rental and insurance purposes and explain the principles involved in calculating the floor area of a retail shop unit for rent review purposes.
Explain reaction for solvolysis of t-butyl chloride : The following reaction is for solvolysis of t-butyl chloride. Show mechanism for the formation of the major and minor products. (CH3)3CCl + H2O--------(CH3)3COH+(CH3)2=CH2
What is the change in kinetic energy of the electron : two parallel plates are separated by a distance of 25mm. the potential difference across the plates is 500v, what is the change in kinetic energy of the electron in electron volts
Design a vdhl file controller to operate two separate sets : Design a VDHL file controller to operate two separate sets of three traffic light signals, one for each direction. Use eight LEDs as shown in to represent the outputs. The Time in This State can be met in several ways.
How to calculate the ph of a solution containing formic acid : Calculate the pH of a solution containing 25.00 mL of 0.12 M formic acid (Ka = 1.7 x 10^-4) to which the following amounts of 0.10 M NaOH have been added

Reviews

Write a Review

Basic Statistics Questions & Answers

  How many eggs are within two standard deviations of mean

The weights of eggs produced on a farm are normally distributed with a mean of 1.4 ounces and a standard deviation of 0.4 ounces. How many 1200 eggs are within 2 standard deviations of the mean?

  What actual score should be used as cut-off score

A school only accepts students with the top 20% of sat scores. The sat has a mean of 500 and a standard deviation of 100. what actual score should be used as the cut-off score?

  What is the two tailed probability

A sample of ten ER patients was conducted to determine their average wait time and to compare this to the target wait time.  The hospital wants to make sure that patients do not wait more than 35 minutes.  Test following hypotheses using a 95% con..

  Variable linear regression analysis

What is the best first glance prediction you can give the customer about the value of his house given your 2 variable linear regression analysis?

  Anova-five steps hypothesis testing

A sample of 25 concession stand purchases at the October 22 matinee of Bride of Chucky showed a mean purchase of $5.29 with a standard deviation of$3.02.

  Personality factors-self esteem

How would your colleagues probably react to such a statement of yours? Is their expected (positive or negative) reaction the local cultural habit in your company or is it a wider position common for people in your country?

  Asthma attack-heart failure patients

It is suspected that high pollution levels (measured by number of particulates found in the air) increase the levels of asthma attacks. A researcher collects data on50 people who experienced an asthma attack during the course of one year.

  Compute standard way of dealing with data entries

When bucketing data for a histogram what is the standard way of dealing with data entries that are on the boundary of two buckets?

  Managerial implications of a correlation between variables

What results in your departments seem to be correlated or related to other activities? How could you verify this? Create a null and alternate hypothesis for one of these issues. What are the managerial implications of a correlation between these v..

  Is there evidence using six-step critical value approach

Using the six-step critical value approach, at the 0.05 level of significance, is there evidence that the population mean delivery time has been reduced below the previous population mean value of 25 minutes?

  Find mean-variance and standard of sampling distribution

In each of the following cases. find the mean , variance and standard of the sampling distribution of sample proportion p.

  Do hotel managers-average differ significantly in femininity

Do hotel managers on the average differ significantly in femininity score from men in general? Assume that the standard deviation of scores in the population of all male hotel managers is the same.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd