MMP223 - Property Law and Practice
| Year: | 2021 unit information |
|---|---|
| Enrolment modes: | Trimester 2: Burwood (Melbourne), Cloud (online) |
| Credit point(s): | 1 |
| Previously coded as: | MMP121, SRP121 |
| EFTSL value: | 0.125 |
| Prerequisite: | For M312 and D396 students: MLL111 and MMP111 For all other students: MLC101 and MMP111 |
| Corequisite: | Nil |
| Incompatible with: | MMP121, SRP121 |
| Study commitment | Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit. |
| Scheduled learning activities - campus | 1 x 2 hour class, 1 x 1 hour seminar per week |
| Scheduled learning activities - cloud (online) | Online independent and collaborative learning activities including 11 scheduled online seminars |
Content
This unit examines the property and real estate marketplace and operation of the stakeholders within. It discusses the concept of property and ownership in Australia, as well as the general law and Torrens land registration systems in the context of professional property and real estate agency practice. Reference is made to the making of and souces of law, ethics and industry standards Again with reference to professional practice, the unit further examines the legal nature of land, including possession and ownership. It considers improvements, interests in land, titles. Co-ownership and multi-owned property, fixtures and chattels, encumbrances, easements, restrictive covenants, Native Title, rights, subdivision, joint tenancy, tenancy in common, licences and leases.
Hurdle requirement
Hurdle Requirement: students are to achieve at least 50% of the available marks in the examination
Unit Fee Information
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