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MMP211 - Statutory Valuation

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: 1 x 2 hour class, 1 x 1 hour seminar per week
Note: You will need to access substantial learning resources and experiences in CloudDeakin (Deakin’s online learning environment). Compliance with the Standards in computing, connectivity and student capability are a condition on your enrolment.

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 2500 words 25%, Assignment 2 2500 words 25%, Examination 2 hours 50%, Hurdle requirement: achieve at least 50% of the available marks in the examination

Unit Fee Information

Student Contribution Rate*Student Contribution Rate**Fee rate - Domestic Students Fee rate - International students
$1260$1260$2594$2754

* Rate for all CSP students, except for those who commenced Education and Nursing units pre 2010
** Rate for CSP students who commenced Education and Nursing units pre 2010
Please note: Unit fees listed do not apply to Deakin Prime students.

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