Audience
Inventory clerks and letting agents
Applies to
Level 3: England and Wales
SCQF Level 6: ScotlandDuration
12 month enrolment
Study mode
Distance learning
Overview
Providing learners with the knowledge and understanding around the role of the agent with the tenant and landlord throughout the letting process, as well as the terms of business and required client services from the inventory provider.
What will be covered?
This programme is made up of four units. For more information on each unit's learning outcomes open the panels below.
Unit 1: Health and Safety, Security and General Law
Unit code: COM1 | England, Wales and Northern Ireland
Unit code: SCOM1 | Scotland
Understand the general concepts of law relevant to a property professional. It deals with the historical development of the law as well as current concepts, relevant statute and common law.
Learning outcomes:
- Understand health and safety at work legislation and its relevance in and out of the workplace
- Understand the issues around keeping safe when visiting property and maintaining a secure system when dealing with keys
- Understand the general legal concepts relating to the provision of property services
- Understand the common law duties of agents and agents’ authority
- Understand the basic elements of the law of contract
- Understand the basic elements of liability outside the law of contract
- Understand the basic concepts of land law
- Understand the basic concepts of discrimination
- Understand the requirements of the data protection legislation
- Understand the requirements of the legislation dealing with the handling of money
Unit 2: Legal Aspects of Letting and Management
Unit code: RLPM2 | England/Wales
Unit code: NILPM2 | Northern Ireland
Unit code: SRLPM2 | Scotland
Covers the law specific to the letting and management of residential property, including law and legislation regarding granting, administration, financial management and termination of various residential tenancies.
Learning outcomes:
- Understand the common elements of agreements to occupy residential properties
- Understand the requirements for regaining possession of let property and the protection available to the occupier
- Understand the statutory regulations of landlords and agents
- Understand the fitness standards for dwellings and the responsibility for repair
- Understand the requirements for safety in let property
- Understand the legislation relating to Houses in Multiple Occupation (HMOs)
- Understand the legal requirements relating to tenancy deposits
- Understand consumer and business protection legislation applicable to residential letting
- Understand the key requirements of any transactional tax relating to residential property
- Understand the main criteria relating to the regulation of insurance based activities
Unit 3: Residential Letting and Property Management
Unit code: RIMP3 | England/Wales
Unit code: SRIMP3 | Scotland
This unit examines the processes undertaken by the inventory provider from agreeing to their Terms of Business and cost through to undertaking the required services on behalf of their client.
It explains the scope and purpose of the inventory provider’s service from the inventory, check-in and periodic visit, through to the check-out. It considers how these reports are used by the parties and any instructing agent. It also covers government-authorised tenancy deposit protection schemes and their processes.
Learning outcomes:
- Understand the elements of a letting agency’s Terms of Business and the agent’s authority to act
- Understand the process for dealing with offers including the referencing of applicants and guarantors
- Understand the key terms commonly found in tenancy agreements and appreciate what checks need to be undertaken and what documents should be in place before a tenancy agreement is executed
- Understand the procedures to be followed when allowing a tenant into occupation for the first time
- Understand the letting agent’s client accounting procedures
- Understand responsibilities surrounding the on-going management and maintenance of the property
- Understand the processes involved in extending, renewing or terminating a tenancy agreement including breaches by either party
Unit 4: Residential Inventory Management and Practice
Unit code: RIMP4 | England/Wales
Unit code: SRIMP4 | Scotland
This unit covers the processes undertaken by an inventory provider, from agreeing to terms of business and cost, to undertaking required services on behalf of a client. The scope and purpose of the inventory provider's service is considered, from the inventory to check in, periodic visits and check out.
Learning outcomes:
- Understand the content and importance of terms and conditions of business
- Understand the processes and reasons for inventory preparation
- Understand the processes and procedures involved with the check-in
- Understand the purpose and scope of periodic visits
- Understand the purpose and scope of the check-out
- Understand the post check-out procedure and deposit return process
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This study programme is suitable for those wishing to join the ARLA Inventories Accreditation Scheme.