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GG5538: VALUATION FOR RURAL SURVEYORS (2016-2017)

Last modified: 16 Nov 2016 17:59


Course Overview

This course introduces students to the concepts of land and property valuation as defined by the RICS and develops a specialised knowledge of rural land and property valuation. This covers the principles and practices of agricultural valuation along with sporting estates and rural housing. Students will be able to produce rural land valuations in a professional context. There will be a focus on the formal processes and procedures adopted in the UK in the approach to the valuation of property and an awareness of the various purposes for which valuations are required.

Course Details

Study Type Postgraduate Level 5
Session Second Sub Session Credit Points 15 credits (7.5 ECTS credits)
Campus None. Sustained Study No
Co-ordinators
  • Mr John Carnie

What courses & programmes must have been taken before this course?

  • Either Geography (GG) (Studied) or Master of Land Economy in Rural Surveying & Rural Property Mgmt (Studied)
  • Any Postgraduate Programme (Studied)

What other courses must be taken with this course?

None.

What courses cannot be taken with this course?

None.

Are there a limited number of places available?

No

Course Description

Course Content
  • An introduction to the property markets in the UK incorporating the concept of value, the distinguishing features of these markets and the different types of legal interests in property.
  • An examination of the principle methods of property valuation including the need to assimilate and analyse all relevant evidence in a forensic fashion.
  • An understanding of the practical application of property valuations including the workings of the RICS Valuation Standards.

Degree Programmes for which this Course is Prescribed

  • Master of Land Economy in Rural Surveying & Rural Property Mgmt

Contact Teaching Time

22 hours

This is the total time spent in lectures, tutorials and other class teaching.

Teaching Breakdown


Assessment

Exam (60%) Continuous assessment (40%) split (20%) introductory valuation and (20%) applied rural valuation.

Formative Assessment

None.

Feedback

None.

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