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The Essentials of Property Management (Code 1009PROP)

15th - 16th September 2010 (9:00AM - 5:00PM)

Location Central London
Contact Kay Morrow
Email info@bifm-training.co.uk
Tel 020 7404 4440
Website www.bifm-training.com
Details The Essentials of Property Management

Aim
To give FM’s the knowledge and confidence to work effectively with property lawyers, agents, surveyors and other property professionals and become informed customers when acquiring, occupying and disposing of property.

Objectives
By the end of this course you will be able to describe:

The principles of good property management
How to develop an effective workplace strategy
How to match the property plan to the needs of the business
The best way to choose & use professional advisors
The advantages & disadvantages of leasing vs. buying
Typical office lease clauses and their meaning
How to employ licences & agreements for lease
How rates and service charges work
How to acquire a building
The different ways of leaving a property

Course content:

The Office Lease
Typical lease clauses and their meaning
Licences & Agreements for Lease
Rent review
Disposal
Break clauses
Service charges
Scope for negotiation

Acquiring a Building
Tactics
Lease or buy?
Getting the best from your Agent
The acquisition brief
Rent free periods & service charge caps
Typical mistakes and how to avoid them

Leaving the Property
Alienation
Surrender
Subletting
Assignment
Sale
Dilapidations, etc.
Getting the best out of your letting agents
How to generate and track down enquiries

Rates, Service Charges
Assessment and monitoring
Scope for reduction

The Principles of Good Property Management
Developing an effective workplace strategy
The property audit: records, responsibilities, Regulations
Matching the property plan to the needs of the business
Reconciling the roles of asset management with occupational cost control
Using IT to standardise processes
Management skills required, in house or outsourced

Choosing & Using Professional Advisors
What to look for
Developing an instruction brief & SLA
Service specifications
Fees, contract terms
Other tips for getting the best results and avoiding results
 

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