EMS 3623 Real Estate Brokerage III

EMS 3623 Real Estate Brokerage III

Course code: 
EMS 3623
Department: 
Law and Governance
Credits: 
7.5
Course coordinator: 
Paul Henning Fjeldheim
Course name in Norwegian: 
Eiendomsmegling III
Product category: 
Bachelor
Portfolio: 
Bachelor of Real Estate, Law and Business - Programme Courses
Semester: 
2024 Spring
Active status: 
Active
Level of study: 
Bachelor
Teaching language: 
Norwegian
Course type: 
One semester
Introduction

Real Estate III discusses a number of specialty areas of real estate. The course builds on the Real Estate II with depth in the topics commercial properties and sales of projects. Contract Writing is also a theme in this course. Topics are closely related to the courses Real Estate Law and Settlement of real estate deals.

Learning outcomes - Knowledge

During the course students shall:

  • Develop knowledge about the practical consequences of the demands the public, customers, government agencies, real estate business, etc. stand for the exercise of the real estate profession in specific areas, including commercial arbitration and mediation project.
    • Based on the law to develop a thorough knowledge of the design of contracts entered into through the estate.
Learning outcomes - Skills

After completing the course, students will be able to:

  • Solve issues relating to property transactions and after completing the course the student should be able to conduct real estate transactions in project sales and sales of commercial properties.
  • Implement transaction and clarify this for settlement. Students will be able to apply the law of the relevant transaction type in practice.
  • Manage all document related to the transaction, including the design contracts associated with each transaction.
General Competence

Students will develop the capacity for critical reflection and ethical awareness related to real estate transactions and have an awareness of the legal standards and ethical principles underlying the rules of real estate legislation

Course content

Commercial property sales

  • Similarities/differences in housing transactions
  • Approaches when assessing a property's potential
  • Value assessments
  • Designing a property description/prospectus
  • Marketing activities
  • Contract and accompanying documents
  • Combined properties
  • Letting

Housing projects

  • Similarities/differences in housing transactions
  • Estate agent's cooperation with housing developer/contractor
  • Designing a property description/prospectus
  • Marketing activities
  • Guarantee provisions
  • Contract and accompanying documents

Contracts

  • Formulation of contracts that are entered into by means of the real estate agent.

Expropriation

Money Laundering

Teaching and learning activities

The course consists of 28 lecture hours covering the various topics in the syllabus. The lecture plan gives a detailed description of the topics covered. In addition, there will be 9 hours for webinars / task training.

As part of the teaching programme the students might be divided into small discussion groups and will work on assignments associated with each topic. The assignments will be discussed and reviewed in class after the discussion group work. The lecture form of teaching requires that the students before each lecture have studied the syllabus and the rules of law for the topic in question. The students are required to bring the code of laws and other study aids to the lectures and become familiar with them while studying the various topics. Parts of the syllabus must be studied through self-tuition. 

Students will have the opportunity to submit a written work for correction and feedback.

Software tools
No specified computer-based tools are required.
Qualifications

Higher Education Entrance Qualification

Disclaimer

Deviations in teaching and exams may occur if external conditions or unforeseen events call for this.

Required prerequisite knowledge

The course is based on Real Estate Brokerage lI.

Assessments
ExamWeightInvigilationDurationSupport materialsGroupingComment
Exam category
Submission
Form of assessment
Written submission
Exam code
EMS36231
Grading scale
ECTS
Grading rule
Internal examiner
Resit
Examination every semester
100
Yes
5 Hour(s)
Individual
Type of Assessment: 
Ordinary examination
Total weight: 
100
Student workload
ActivityDurationComment
Teaching
28 Hour(s)
Webinar
9 Hour(s)
Discussion group work supervised by the lecturer
Prepare for teaching
45 Hour(s)
Student's own work with learning resources
53 Hour(s)
Group work / Assignments
60 Hour(s)
Examination
5 Hour(s)
Sum workload: 
200

A course of 1 ECTS credit corresponds to a workload of 26-30 hours. Therefore a course of 7,5 ECTS credit corresponds to a workload of at least 200 hours.