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MMP211 - Statutory Valuation

Unit details

Year2017 unit information
Enrolment modes:Trimester 1: Cloud (online)
Credit point(s):1
EFTSL value:0.125
Previously coded as:

SRP211

Unit chair:

R Reed

Prerequisite:

Nil

Corequisite:

Nil

Incompatible with:

Nil

Contact hours:

Online independent and collaborative learning activities including 3 scheduled online seminars

Content

This unit is broken to two separate components: (a) valuation for statutory purposes and (b) compulsory acquisition and compensation.  Valuation for statutory purposed covers unimproved capital value (UCV), capital improved value (CIV), site value (SV), net annual value (NAV), local government rates, mass appraisal techniques and land tax.  Compulsory acquisition and compensation covers valuation principles and methodologies, expert witness statements and preparation for court as an expert witness. This unit aims to give students a basic understanding of the role of statutory valuation in the property market, and also what compulsory acquisition entails and how it affects the stakeholders.

Assessment

Assignment 1 (Individual) Written Report (2500 words) 25%

Assignment 2 (Group of 5 students) Compensation Report (2500 words) 25%

Examination (2 hours) 50%

Hurdle requirement: achieve at least 50% of the available marks in the examination

Unit Fee Information

Click on the fee link below which describes you:

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