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Estate Management Practice Exam

Estate Management

Estate management is characterized as the oversight and bearing of interest hung ashore or landed property towards accomplishing some ideal advantage. Business is chiefly worried about creating gains, while estate management is coordinated toward procuring some ideal advantages from land or landed property.


Skills Required

  • Property Management Experience. 
  • Rent Agreements.
  • Relational abilities. 
  • Spending plan Management. 
  • Customer Service. 
  • Seller Management. 
  • Planning. 
  • Organizing


Career Opportunities

  • Commercial/residential surveyor.
  • Construction manager.
  • Estates manager.
  • Land/geomatics surveyor.
  • Planning and development surveyor.
  • Quantity surveyor.
  • Rural practice surveyor.


Table of Contents

Real Estate Basics

  • What is Real Estate?
  • Real Estate Evolution
  • Classification of Properties
  • Residential vs. Commercial
  • Real Estate Ownership
  • Real Estate Business

Real Estate in India

  • Indian Real Estate Market Size
  • Investments/Developments
  • Government Initiatives
  • Important Terms
  • Trends in the Real Estate Market
  • Indian Real Estate Laws
  • COVID Impact

Real Estate Pricing

  • Median prices vs. mean prices
  • Units of pricing – sq m, sq ft etc
  • Factors influencing real estate pricing
  • Determination of Fair value

Leasing

  • Leases and leasing activity
  • Essentials of a lease
  • Definition and execution of Lease
  • Rights and liabilities of the lesser
  • Rights and liabilities of the Lease
  • Termination of a Lease
  • Forfeiture
  • Application of Rent Control Legislation
  • Model Residential Tenancy Act
  • Registration of a Lease Deed
  • Stamp Duty payable on Lease Deed

Lease Administration and Tenant Management

  • Qualifying the Tenant
  • Tenant Mix
  • Landlord and Tenant Relationships
  • Calculation of Rents and Measurable Area
  • Occupancy Cost Budget
  • Alterations and Repairs
  • Lease Administration
  • COVID and Leasing

Real Estate Marketing

  • Advertising, Direct mailers, electronic mailers, telemarketing
  • Sales Promotion
  • Public Relations and publicity
  • Referrals
  • Networking
  • Internet Tools for Marketing and Communication

Facility Management and Maintenance

  • What is FM
  • Why FM and FM Functions
  • Building Services
  • Preventive Maintenance
  • Emergency Planning
  • Civil Maintenance
  • Water Supply and Sanitary
  • Electrical and Air-conditioning
  • Gardening and Landscaping

Vendor Management

  • System of Vendor Evaluation
  • Parameters for Evaluation of Vendors Performance
  • Negotiation

Financial Management

  • Financial Management Basics
  • Budgeting
  • Contracts Management
  • Procurement
  • Legal Implications

Human Resource Management

  • Introduction
  • Human Resource Planning
  • Volunteer Recruitment
  • Job Descriptions and Analysis
  • Recruitment and Selection
  • Screening and Selection
  • Recruitment Approach
  • Induction
  • Training
  • Supervision and Evaluation
  • Performance Appraisal
  • Motivation

Health and Safety

  • Occupational Health
  • Fire and Life Safety
  • Pest Control
  • Waste Management
  • Contingency Plan
  • Risk Management

Computer Basics and Real Estate Management Software

  • Computer Hardware and Software
  • Security and Computer Protection
  • SAP Real Estate Management
  • JD Edwards EnterpriseOne Real Estate Management


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