TPI Level 4 Member Exam in Leasehold Management case studies
TPI Level 4 Member Exam in Leasehold Management · Put your knowledge to work in context.
TPI Level 4 Member is the membership grade awarded by The Property Institute (formerly the Institute of Residential Property Management) to property managers who can show they hold the legal, financial and operational knowledge expected of someone running a leasehold portfolio without close supervision. It sits above entry and associate-level recognition and signals to employers, clients and residents that the holder can be trusted with day-to-day decisions: service charge budgets, statutory consultation, insurance placement, building safety compliance and the difficult conversations that come with them. The TPI Level 4 Member Exam in Leasehold Management case studies are 5 cases and about 5,073 words.
1Twelve years of an equal split, and an invoice from 2022
Amber Court is a 24-flat Victorian conversion in a single block. Clause 4 of the lease apportions the service charge 'in proportion to the rateable value of each flat as at 31 March 1990', but the conversion from a hotel was never rated and no schedule survives.
1,007 words, about 5 min2A failing roof, asbestos and a consultation that was rushed
Northgate Wharf is a 1970s block of 46 flats. In January a surveyor reports that the asphalt roof covering is failing and that the roof deck contains asbestos insulating board.
1,008 words, about 5 min3Three entries in the client account that cannot be reconciled
Ravenscourt Mansions has 60 flats. Its £410,000 reserve sits in your firm's pooled client account, which holds funds for 38 blocks.
926 words, about 5 min4A fire, a repudiated claim and a reinstatement figure from 2017
Elmfield Grange is a nine-storey, 28-metre block of 32 flats. The lease obliges the landlord to insure the building in its full reinstatement value 'against fire and such other risks as are normally covered by a comprehensive policy' and permits recovery as insurance rent.
1,041 words, about 5 min5The RTM company arrives: whose money and whose instructions?
On 1 September the Fernhill RTM Company acquired the right to manage Fernhill Court, 18 flats. You are the managing agent appointed by the freeholder, Fernhill Estates Ltd, under an agreement running to 2027.
1,091 words, about 5 min