MMP223 - Property Law and Practice
| Year: | 2024 unit information |
|---|---|
| Enrolment modes: | Trimester 2: Burwood (Melbourne), Online |
| Credit point(s): | 1 |
| Previously coded as: | MMP121, SRP121 |
| EFTSL value: | 0.125 |
| Prerequisite: | For M312 and D396 students: Must have passed MLP119 (previously MLL119) and MMP111 For all other students: Must have passed 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. This will include educator guided online learning activities within the unit site. |
| Scheduled learning activities - campus | 1 x 2 hour on-campus lecture (recordings provided), and 1 x 1 hour on-campus seminar (recordings provided) each week |
| Scheduled learning activities - online | 1 x 2 hour recorded lecture provided and 1 x 1 hour scheduled online seminar (recordings provided) each week |
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 sources 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.
Unit Fee Information
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Tuition fees increase at the beginning of each calendar year and all fees quoted are in Australian dollars ($AUD). Tuition fees do not include textbooks, computer equipment or software, other equipment or costs such as mandatory checks, travel and stationery.
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