Estate Management

1. Understand the principles of agency law and its application in estate management.
2. Evaluate urban renewal techniques and their effectiveness in different contexts.
3. Analyze property market dynamics and identify key factors influencing property values.
4. Apply various valuation methods to determine the value of real estate assets.
5. Assess the roles of major players in the property market and their impact on transactions.

13 weeks, about 41 hours in total. Yours will differ.

1. Week 1Module 1: Agency Law

   • Unit 1: The Concept and Legal Principles · 2 hours

     Read the introduction to agency law.. Understand the concept of agency and its legal principles.. Identify the different ways agency can be created..

   • Unit 2: Authority, Liability and Duties · 2 hours

     Examine the authority of an agent to act for the principal.. State the duties of an agent.. Identify the liabilities of parties in an agency relationship..

2. Week 2Module 1: Agency Law

   • Unit 3: Termination · 2 hours

     Appreciate the ways of terminating an agency agreement.. Understand the liabilities for terminating an agency agreement unlawfully.. Review examples of agency termination scenarios..

   • Unit 4: Estate Agency · 2 hours

     Explain the meaning of estate agency.. Identify the different types of estate agents.. Discuss the roles and responsibilities of estate agents..

3. Week 3Module 2: Principles and Techniques of Urban Renewal

   • Unit 1: Reasons for Urban Renewal · 3 hours

     Highlight the reasons for urban renewal.. Justify the need for making life conducive for inhabitants.. Examine the nature of traditional cities and their impact on urban renewal..

4. Week 4Module 2: Principles and Techniques of Urban Renewal

   • Unit 2: Strategies for Urban Renewal · 3 hours

     Examine the different strategies of urban renewal, such as comprehensive redevelopment and rehabilitation.. Understand the application of each strategy based on socio-economic characteristics.. Discuss the advantages and disadvantages of each strategy..

5. Week 5Module 2: Principles and Techniques of Urban Renewal

   • Unit 3: Urban Renewal Process · 3 hours

     Examine the urban renewal process, including planning and approval stages.. Consider the execution process of redevelopment schemes.. Identify the problems associated with relocation in urban renewal schemes..

6. Week 6Module 2: Principles and Techniques of Urban Renewal

   • Unit 4: Alternative Approaches of Slum Eradication · 3 hours

     Examine alternative approaches to slum eradication, such as community self-help and urban reform.. Review the achievements of these approaches in fulfilling expected results.. Compare and contrast different approaches to slum eradication..

7. Week 7Module 3: Property Market

   • Unit 1: Sources of information on property · 3 hours

     Explain property market terminology.. Examine sources of information on property, including professional firms and press reports.. Discuss the unique characteristics of the real estate market..

8. Week 8Module 3: Property Market

   • Unit 2: Property Market Organization · 3 hours

     Consider the mode of organization of the property market.. Understand the role of valuers in providing services to buyers and sellers.. Discuss the importance of advisory roles and negotiation skills..

9. Week 9Module 3: Property Market

   • Unit 3: Major Players in Property Market · 3 hours

     Identify the major players in the property market, such as developers and investors.. Understand the roles of estate surveyors, valuers, and lawyers.. Discuss the impact of each player on the market..

10. Week 10Module 3: Property Market

    • Unit 4: Commodity in the Property Market · 3 hours

      Highlight the classification of the property market based on use and purpose.. Understand the different sectors, including residential, commercial, and industrial.. Discuss the factors influencing property market classification..

11. Week 11Module 4: Valuation

    • Unit 1: The Estate Surveyor and Valuer · 3 hours

      Examine the functions of an estate surveyor and valuer.. Understand the professional activities related to real estate acquisition and management.. Discuss the role of valuers in property valuation and marketing..

12. Week 12Module 4: Valuation

    • Unit 2: Basis and Purpose of Valuation · 3 hours

      Examine the basis of valuation, including market value and equivalent reinstatement.. Consider the purposes of valuation, such as sales, taxation, and insurance.. Understand the relationship between the basis and purpose of valuation..

13. Week 13Module 4: Valuation

    • Unit 3: Methods of Valuation · 3 hours

      Examine the different methods of valuation, including comparative, investment, and contractor's methods.. Understand the appropriateness of each method for valuation.. Discuss the application of each method in different scenarios..