MMP211 - Statutory Valuation
2021 unit information
|Enrolment modes:||Trimester 1: Cloud (online)|
|Previously coded as:||SRP211|
Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit.
|Scheduled learning activities - cloud (online)||
Online independent and collaborative learning activities including 3 scheduled online seminars
This unit is broken into 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.
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: