This Institute of Leadership and Management (ILM) course may be just what you need.
When is a good time to invest in or develop property ? This is a matter of good judgement for the potential investor. However, some of the risk can be taken away if the person has a good understanding of property fundamentals, what the objectives of any investment are, and how to successfully manage a property portfolio. Key property development issues include the following:
Requirements of a property portfolio Benefits and disadvantages of tenancy and owner-occupation Legal issues and property law - overview Property management and maintenance Property surveys, registers, risks and record-keeping Modern Facilities Management
Course Aims
The course is for anyone with an interest in property development, from individuals thinking about taking a small step on the property ladder, such as a house or flat to let out; to those with a bit more ambition who feel now is a good time to take a closer look at investing in property.
Course Syllabus
Property Portfolio
Describing the property portfolio Review of owned and leased buildings Meeting business requirements
Tenancy and Owner-Occupation
Duties of the landlord Duties of the tenant Advantages of being an owner-occupier Advantages of being a tenant
Legal Issues
Basics of property law Landlord and Tenant Act Occupiers Liability Planning issues Defective premises Rights and obligations Overview of land title types Overview of leasing law Introduction to contract law
Property management and maintenance
Identifying maintenance activities Resources required for maintenance Building services Lighting, heating and air conditioning Building fabric
Property surveys, registers and risks
Need for building surveys Inspecting asset conditions Risk management - overview Risk-management strategies Risk-Reward Balance
Modern facilities management
FM factors in organising maintenance Maintance regiemes Use of computer programs to assist maintenance and facilities management Record-keeping
Course Duration and Entry
The ILM Guided Learning Hours (GLH) for the course are 15 hours.
The ILM operates an ‘Open Entry’ policy but prospective participants should be able to apply what they learn on the course in an organisational setting (need not be in a job).
Certification
There are no examination with participants instead completing an assignment which is assessed. On successful completion of the assignment participants receive their Level 3 Unit Certificate from the ILM.
NOTE: The course is introductory in nature and is designed to give participants a good insight to the topics. It does not provide professional advice. |