CODE OF MEASURING PRACTICE
Our measurements are taken in accordance with the RICS/ISVA Code of Measuring Practice 5th edition November 2001.
PROPERTY MISDESCRIPTIONS ACT 1991
Is an Act to prohibit the making of false or misleading statements about property matters.
Floors areas are the basis of all commercial property valuations but it is not sufficient to quote a figure of 10,000 sq.ft. without specifying to what it refers or qualifying as to how it was obtained.
Controversial features like radiators and air conditioning, fire corridors and circulation, areas of poor natural light, imposing mansard roofs are all identifiable and would be stated separately. Their sizes will continue to remain factual as measured on site.
Once the facts are known it is for a valuer to apportion worth by evidence or negotiation. However, the floor area is the only significant fact and should remain unchanged.
To ignore these features or to state an unsubsatantiated area will contravene the Prop. Mis. Act.
GUIDELINES
LAND REGISTRY PRACTICE GUIDE 40 MARCH 2003
To provide a tenant with a new lease it is essential to smooth the progress for the lawyers.
We are fully conversant with land registry requirements and we are able to supply the necessary plan documents.
INSURANCE
PROFESSIONAL INDEMNITY INSURANCE
armada surveys ltd are covered by £5,000,000 professional indemnity insurance for each and every claim.