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Syllabus - Member Exam
Contents
1 - An introduction to the IRPM syllabus
2 - The structure of the exams
3 - The detailed requirements of the syllabus
1 Legal Framework
1.1 The management agreement
1.2 The Lease
1.3 Leaseholders rights and responsibilities
1.4 Dispute resolution and the work of the First Tier Tribunals (Property Chamber), the Upper Tribunal and the courts
1.5 Business and employment law
2 General Property management
2.1 Manage the building
2.2 Provide services and manage service providers
2.3 Responding to leaseholders’ needs
2.4 Working with clients
3 Accounting for service charges
3.1 Financial management
3.2 Purchase ledger
3.3 Accounting for other people’s money
3.4 Service Charge accounting
4 Technical/Building surveying
4.1 Building construction
4.2 Repairs, maintenance and defects
4.3 Regulations affecting the buildings
4.4 Health and Safety
5 Affordable housing and mixed tenure management
5.1 Management of mixed tenure developments
5.2 Managing social neighbourhoods
5.3 Managing affordable housing
5.4 Managing vulnerable and difficult residents
6 Personal skills and personal development
6.1 Managing effective relationships with clients and customers
6.2 Personal development
1 An introduction to the IRPM syllabus
The IRPM developed the first syllabus for the Member level exam in 2003 and revised it in 2006. This (2013) syllabus updates the scope of study for residential property managers and for the first time identifies the different levels of expectation for study for the Foundation, Associate and Member level examinations.
There is no formal educational course that delivers the whole syllabus through a single curriculum but references to where teaching programmes can be accessed are referenced in the text below.
The IRPM examination framework requires practitioners to be able to demonstrate their knowledge, understanding and practice at each level:
The following syllabus therefore seeks to define the knowledge and applied practice required for each level. Such a task is difficult for every point of detail in the complex work of residential property managers, not least because of the changing nature of their work, so whilst this cannot be exhaustive or complete it does provide a framework for candidates for the IRPM exams at each level.
For the Associate exam and the Member exam marks will be awarded for the ability to communicate effectively. There will be an expectation that candidates will present evidence to show competence in spelling, grammar and basic arithmetic to support their written communication.
2 The structure of the exams
The route to Membership of the IRPM (from 2013 onwards) is through a series of three examinations, the Foundation, Associate and Member exams. The detailed structure for each exam is noted below.
2.1 Foundation Exam – The Foundation examination will consist of 100 multiple choice questions. It will require candidates to demonstrate a broad overview of specific property management knowledge and it will also include aspects of customer service and personal development. The exam will last for one hour and the questions will closely align to the content of the residential property management Open Learning Course (Open Learning Course available from Asset Skills - phone 01392 423 399). The pass mark for the Foundation examination is set at 60% and the IRPM considers it to be equivalent to the level of study for an NVQ at level 2.
It is hoped that this will be available as an on-line exam from March 2013.
2.2 Associate Exam – The Associate exam will consist of two parts. Part 1 will set compulsory questions and Part 2 will offer options on specialist areas of the work of residential property managers. The exam will take one and a half hours.
Part 1 will present a number of different issues that might be faced by a residential property manager and each issue will require a number of factual answers. A total of 10 marks will be awarded for each scenario question. An outline of the likely marking framework is noted below.
Part 2 will require candidates to provide detailed answers to three questions from a choice of eight from a range of specialist areas including service charge accounting, general property management, technical/building/surveying and affordable housing. Two questions will be set for each specialist area.
The likely structure of the questions and the manner of the possible awarding of marks are shown below.
Part 1 |
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Part 2 |
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S1 |
S2 |
S3 |
S4 |
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Question |
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20 |
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20 |
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20 |
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Total |
10 |
10 |
10 |
10 |
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20 |
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20 |
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20 |
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Total 100 |
The pass mark will be 60%. The IRPM consider this will be equivalent to a standard approaching NVQ level 3.
Candidates will have to reach the pass mark in both the Foundation and the Associate exam to move to Associate membership. Candidates will also be required to demonstrate that they have fulfilled and filed up to date CPD requirements before being granted Associate membership. The Associate examination will be available at a number of examination centres twice a year.
2.3 Member Exam – The member examination will consist of TWO parts.
The time allowed for this exam will be two and a half hours.
Part 1 will be consist of a single compulsory question and will carry a potential 40 marks. It will present a detailed problem or ‘crisis’ and candidates will be asked to respond to this problem from the perspective of their specialist area of expertise as well as being expected to understand the wider implications of block management.
Part 2 will require candidates to answer three questions from a total of eight questions taken from a range of four specialist areas: service charge accounting, general property management, technical / building surveying and affordable housing
The likely structure of the questions and the manner of awarding of marks are noted below.
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Part 1 |
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Part 2 |
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Question |
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7 |
8 |
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40 |
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20 |
20 |
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20 |
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Total 100 |
The pass mark for this exam is set at 60%. The Member examination will be available at a number of centres twice a year. Candidates will also be required to demonstrate that they have fulfilled and filed up to date CPD requirements before being granted Member status.
The detailed requirements of the syllabus for the Associate and Member level examinations. (Revised 2012).
The IRPM syllabus is structured into six parts:
1 Legal Framework
1.1 The management agreement
1.2 The Lease
1.3 Leaseholders rights and responsibilities
1.4 Dispute resolution and the work of the First Tier Tribunals (Property Chamber, the upper Tribunal and the courts)
1.5 Business and employment law
2 General Property management
3.1 Managing the building
3.2 Provide services and manage service providers
3.3 Responding to leaseholders’ needs
3.4 Working with clients
3 Accounting for service charges
2.1 Financial management
2.2 Purchase ledger
2.3 Accounting for other people’s money
2.4 Service Charge accounting
4 Technical/Building surveying
4.1 Building construction
4.2 Repairs, maintenance and defects
4.3 Regulations affecting the buildings
4.4 Health and Safety
5 Affordable housing and mixed tenure management
5.1 Management of mixed tenure developments
5.2 Managing social neighbourhoods
5.3 Managing affordable housing
5.4 Managing vulnerable and difficult residents
6 Personal skills and personal development
6.1 Managing effective relationships with clients and customers
6.2 Personal development
The requirements of the examinations are that candidates for the IRPM exams are able to demonstrate knowledge of the topics at Foundation level, and ability for undertaking practice at the Associate level (doing), and an ability to provide advice and analysis at the Member level.
The scope of the syllabus recognises that practitioners may specialise in specific areas and it is the intention of the syllabus that membership of the IRPM is open to these specialist areas. It is, however, a requirement of the IRPM that even specialists have a broad understanding of the wider requirements of the sector including the legal framework and customer service. It is also expected that practitioners will be familiar with best practice and the requirements of codes of practice relevant to the sector.
The details below use the term “this will include” to help to indicate the areas covered. What is then listed is a guide but the syllabus is not limited to these areas and may include other areas as the work of property managers continues to professionalise.
1 Legal Framework
1.1 The management agreement / the role of the property manager.
Candidates may, or may not be, working to a management agreement depending on the structure of the landlord’s arrangements. Where a management agreement is in place candidates should understand its purpose and the legal relationships and responsibilities created by it. Where they are working directly for a landlord they should understand the requirements of their agreed services.
This will include:
At a more advanced or specialist level this will require negotiating new management agreements and pricing for the services as necessary.
1.2 The lease
Candidates are expected to have a clear understanding of the lease, its purpose and its structure as it is of critical importance to the property manager in the delivery of services. The lease sets out many of the requirements of the work of the property manager, acting on behalf of the landlord.
This will include:
At a more advanced and specialised level this will require input into the drafting of leases or by making recommendations to the client on how subsequent management arrangements can be improved.
1.3 Leaseholders rights and responsibilities
Candidates should demonstrate a comprehensive understanding of the rights and responsibilities of leaseholders.
This will include:
1.4 Dispute resolution and the work of the First Tier Tribunal (Property Chamber), the Upper Tribunal and the courts
Candidates should be familiar with the working of dispute resolution mechanisms and the work of, and key determinations of, First Tier Tribunals (Property Chamber), The Upper Tribunal and the courts.
This will include:
1.5 Business and employment law
Candidates should be able to demonstrate an understanding of key aspects of business law and employment law that support the effective operation of managing residential property.
This will include:
2 General Property Management
2.1 Managing the building
Candidates should be able to identify how the management agreement and the lease control the management of the residential buildings so that services can be provided in line with the agreed requirements.
This will include:
More detailed requirements of health and safety management is detailed in the section headed Technical/Building surveying (section 4) below.
2.2 Provide services and manage service providers
Candidates should be able to specify the services required for residential buildings and put in place the necessary provision of these services, whether by contractors or by employed site staff.
This will include:
Candidates should be aware of the need to provide services in line with best practice as influenced by the codes of practice, regulation and evolving determinations from First Tier Tribunals (Property Chamber), the Upper Tribunal (Lands Chamber) and the courts.
2.3 Responding to leaseholders’ needs
A significant part of the work of the residential property manager is responding to leaseholders’ (customers) needs. This requires a detailed understanding of the lease and the management arrangements in place.
This will include:
2.4 Working with clients
Candidates must be aware of the distinction between client and customer, be aware of the needs of their clients and should manage the buildings and leaseholders’ (customers’) needs in relation to client instructions.
This will include:
Candidates should be aware of the operation of the right to acquire a new lease (lease extension), the right to collective enfranchisement under the Leasehold Reform Housing and Urban Development Act1993 (as amended) and the operation of the Right to Manage under the Commonhold and Leasehold Reform Act 2002 and be aware of limitations in their role in advising leaseholders in line with their clients instructions.
Candidates should also be aware of the implications for their own business of clients going into receivership or otherwise not providing appropriate instructions for the effective management of the building.
3 Accounting for Service Charges
3.1 Financial Management
Candidates should understand the scope and requirements of financial management and the requirements of keeping financial records including accounting for receipts and payments and the need to reconcile records to bank accounts.
This will include:
At a more advanced or specialist level this will include some aspects of treasury and asset management for running an agency or landlord business and understanding how the UK bank payments clearing system works and know the different forms of payment used and the meaning of “cleared funds”.
3.2 Purchase Ledger
Candidates should understand how payments are made and the controls necessary for those payments to comply with industry requirements.
This will include:
At a more advanced or specialist level being able to prepare and carry out a payment run and ensure payments are authorised, understanding how fraud, through the submission of false invoices and other methods, can be prevented and being able to maintain and reconcile supplier accounts.
3.3 Accounting for other people’s money
The manner of accounting for other people’s money, and especially service charges, is set out in the lease and statute and failure to comply correctly with these requirements may be an offence. Understanding the importance of good practice here is critical to the work of the residential property manager. Candidates should understand the requirements of trust accounts and the processes of ensuring good information management and credit control.
This will include:
At a more advanced or specialist level this will include ensuring Non-Resident landlord returns to HMRC as necessary and accounting to landlords for VAT payments.
3.4 Service Charge Accounting
Separate from the more general heading of financial management the accounting for service charges requires specific understanding of the process for managing a residential block. This requires practical understanding of both residential leases and the legislative framework influencing financial control of service charges.
This will include:
At a more advanced or specialist level this will include completing the year end reconciliation including raising balancing charges/credits, entering year-end adjustments, accruals and prepayments, and clearing down the accounting system. Preparing accounts packs for external accountants and responding to their queries. This can extend to preparing interim management accounts for the client, dealing with VAT in mixed-use, including where the landlord has exercised the ‘option to tax’, compiling the year-end Extended Trial Balance and preparing an annual service charge summary under S21(5) of LTA 1985 or income & expenditure account and balancing statement conforming to ICAEW TECH 03/11. It will also require ensuring that a Trust Tax return is made to HMRC, if required and for RMCs, ensuring that requirements of filing annual company accounts are met.
At a more general level it will require an analytical and critical review of service charge accounting in the light of current best practice.
4 Technical/Building surveying
4.1 Building construction
Candidates should be aware of the most common construction methods for residential blocks and of the common services that are installed. They should understand how the construction influences requirements for long term maintenance and what remedies are available should the structure or services fail.
This will include:
4.2 Repairs, maintenance and defects
In addition to understanding the implications for repairs arising from the construction of the building candidates should also be able to put in place necessary repairs whatever the construction method.
This will include:
At a more advanced or specialist level candidates will also be expected to understand the need for effective asset management and project management for maintenance programmes and major works. This will include life cycle costings, planned and cyclical maintenance programmes and how they feed into reserve fund calculations.
4.3 Regulations affecting the buildings
Candidates should have a clear understanding of the main regulations affecting the construction and maintenance of residential buildings, the purpose of these regulations and their impact on property management practices.
This will include:
4.4 Health and Safety
Candidates will be required to show evidence that they can assess and manage the health and safety risks in residential property under Health and Safety legislation and identify ways the risks can be both reduced and monitored. This should include reference to legislative arrangements and best practice as well as local policies and procedures likely to be required for the management of residential blocks and personal safety.
This will include:
5 Affordable housing and mixed tenure management
5.1 Management of mixed tenure developments
Candidates should be aware of the different tenures provided in different developments and of any management implications associated with mixed tenure schemes.
This will include:
5.2 Managing social neighbourhoods
Candidates should be aware of the social implications of mixed tenure management which require leaseholders to also act as landlords to affordable housing leaseholders and assured tenants.
This will include:
5.3 Managing affordable housing
Candidates should be able to identify how the legal arrangements of social housing differ from general leasehold properties.
This will include:
5.4 Managing vulnerable and difficult residents
The management of high density residential property places additional strains on vulnerable people and on neighbour relations. Both these (separate) issues require an understanding of the support and enforcement frameworks available to property managers.
This will include:
6 Personal skills and personal development
6.1 Managing effective relationships with clients and customers
Candidates should be able to demonstrate effective management of relationships with clients and leaseholders and other parties through an understanding of the clients and customers’ needs and behaviours. They should be able to show how to build rapport, confidence and trust with others.
This will include:
6.2 Personal Development
Candidates must be able to provide evidence of their own personal development through continuing professional development certificates learning logs or a personal development plan.
This will include: