- Course Code
- PO 2502
- Credit Points
- 15
- Course Coordinator
- Professor N Hutchison
Pre-requisites
Available only to students in Programme Year 2 or above.
Overview
The course examines issues concerning the valuation of land and property interests. Topics include an examination of the techniques for and practical examples of valuations for trading properties and development properties; RICS’ Appraisal and Valuation Manual and valuations for special purposes which will include company accounts, insurance and taxation, incorporating national taxation – taxation of income and expenditure, inheritance tax, tax on capital gains and stamp duty; and local taxation – an introduction to the Scottish rating system, council tax and non-domestic rates.
Structure
3 one-hour lectures per week, 1 one-hour tutorial per fortnight.
Assessment
1st Attempt: 1 two-hour written examination (80%) and in-course assessment (20%).
Resit: 1 two-hour written examination (80%) and original in-course assessment mark (20%).