135+ Free TPI Level 3 Associate Exam in Leasehold Management Practice Questions

It is The Property Institute's Level 3 qualification for residential block and leasehold property managers. Successful completion upgrades membership to Associate level and allows use of the ATPI designation.

The exam is 90 minutes long and split into two parts. Part A contains 20 short answer questions (2 marks each, 40 marks total) and Part B contains 8 questions in 4 sections, of which candidates answer 3 (20 marks each, 60 marks total). The pass mark is 60%.

The Property Institute (TPI) is the professional body for residential property managers in England, Scotland and Wales, formed on 9 March 2022 by the merger of ARMA (est. 1991) and IRPM (est. 2002).

ATPI (Associate of The Property Institute) is the designation awarded on achieving the Level 3 Associate qualification in Leasehold Management. Full membership (MTPI) is achieved at Level 4.

The Associate exam is sat four times per year. Candidates must book within 18 months of joining the course. The resit fee is £110, and deferrals or cancellations must be made no later than 10 days before the exam date.

The syllabus covers service charge budgets and demands, year-end accounts, certification and auditing, separation of RMC and service charge activity, and the treatment of surpluses and deficits under Section 19(1)(a) of the Landlord and Tenant Act 1985.

Under Section 20 of the Landlord and Tenant Act 1985, landlords must consult leaseholders before major works where any one leaseholder's contribution exceeds £250, or before long-term agreements contributions exceed £100 per year. The consultation process and notices are a core syllabus topic.

Section 20b sets a time limit on recovering service charge costs through a demand, generally requiring demands to be served within 18 months of the costs being incurred, with prior notification to leaseholders.