Objective   

To enable students to conduct practical valuation by enhancing their ability to apply the methods of valuation to empirical situations.  

Content   

Topics to be covered include: the principles of investment; Estimation of the yield and the Year’s Purchase; he concept of rental value; outgoings; principal types of interests in real estate; detailed treatment of the investment method of valuation – valuation of freehold interests let at full rental value, valuation of freehold interests let at less than the full rental value, valuation of leasehold and sub-leasehold interests; effect of taxation on valuations.

Mode of Delivery

The course will be delivered through lectures, seminars, individual and group presentations.

Course Code: 
LPA 815S
No. of Credits: 
3
Level: 
Level 850
Course Semester: 
First Semester
Select Programme(s): 
Land Policy and Administration