PROPERTY 271 : Property Law

Business and Economics

2020 Semester Two (1205) (15 POINTS)

Course Prescription

Fundamental legal principles and issues affecting the property professional will be considered including contract law, common form contracts found in the property industry (including leasing, transfer, and valuation) land ownership and professional liability.

Course Overview

The goals of this course is to provide an understanding of Property Law legal principles and current legal issues that will apply to the multi-disciplines that are served by the Property Professional who has completed the Bachelor of Property or Bachelor of Property Conjoint Degree. The aims of this paper are to:
1. Extend disciplinary knowledge and practice by exploring and understanding the fundamentals of the relevant Statutes, Common Law and Issues that affect residential, commercial and industrial Real Estate and Property Professionals;
2. Apply fundamental Property Law legal principles to realistic fact scenarios found in the Property Industry by Property Professional.

Course Requirements

Prerequisite: PROPERTY 102, COMLAW 101

Capabilities Developed in this Course

Capability 1: Disciplinary Knowledge and Practice
Capability 2: Critical Thinking
Capability 3: Solution Seeking
Capability 4: Communication and Engagement
Capability 5: Independence and Integrity
Capability 6: Social and Environmental Responsibilities
Graduate Profile: Bachelor of Property

Learning Outcomes

By the end of this course, students will be able to:
  1. Explain and apply the principles of contract law in the property industry. (Capability 1, 2, 3 and 4.2)
  2. Use and apply standard contractual documents in use in real-world property transaction. (Capability 1, 2, 3 and 4.2)
  3. Communicate and illustrate the significance of the principles of professional liability in relation to a property context. (Capability 1, 2, 3, 4.1, 4.3, 5.1 and 6)
  4. Explain and describe the significance of additional areas of law relevant to property professionals, such as land law, the law of agency, and the law of trusts. (Capability 1, 2, 3 and 4.2)
  5. Identify the significance of the legislative environment for the property industry. (Capability 1 and 6)

Assessments

Assessment Type Percentage Classification
Contract Drafting 10% Individual Coursework
Test 20% Individual Test
Group Project 20% Group Coursework
Final Exam 50% Individual Examination
Assessment Type Learning Outcome Addressed
1 2 3 4 5
Contract Drafting
Test
Group Project
Final Exam

Workload Expectations

This course is a standard 15 point course and students are expected to spend 10 hours per week involved in each 15 point course that they are enrolled in.

For this course, you can expect 34 hours of lectures and workshops, 48 hours of reading and thinking about the content and 68 hours of work on assignments and/or test preparation.

Learning Resources

The PROPERTY 271 Property Law course book is required reading and contains the course outline, legal readings and additional materials such as cases or standard form contracts. You are expected to complete the pre-lecture readings before attending class. All of the materials in the course book can be found in the PROPERTY 271 course page on Canvas if you prefer to access them electronically.  

Other Information

In order to pass this course you MUST obtain at least 50% of the total marks awarded for the course. In addition, a minimum mark of 45% in the final examination is also expected.

Digital Resources

Course materials are made available in a learning and collaboration tool called Canvas which also includes reading lists and lecture recordings (where available).

Please remember that the recording of any class on a personal device requires the permission of the instructor.

Academic Integrity

The University of Auckland will not tolerate cheating, or assisting others to cheat, and views cheating in coursework as a serious academic offence. The work that a student submits for grading must be the student's own work, reflecting their learning. Where work from other sources is used, it must be properly acknowledged and referenced. This requirement also applies to sources on the internet. A student's assessed work may be reviewed against online source material using computerised detection mechanisms.

Inclusive Learning

All students are asked to discuss any impairment related requirements privately, face to face and/or in written form with the course coordinator, lecturer or tutor.

Student Disability Services also provides support for students with a wide range of impairments, both visible and invisible, to succeed and excel at the University. For more information and contact details, please visit the Student Disability Services’ website at http://disability.auckland.ac.nz

Special Circumstances

If your ability to complete assessed coursework is affected by illness or other personal circumstances outside of your control, contact a member of teaching staff as soon as possible before the assessment is due.

If your personal circumstances significantly affect your performance, or preparation, for an exam or eligible written test, refer to the University’s aegrotat or compassionate consideration page: https://www.auckland.ac.nz/en/students/academic-information/exams-and-final-results/during-exams/aegrotat-and-compassionate-consideration.html.

This should be done as soon as possible and no later than seven days after the affected test or exam date.

Student Feedback

At the end of every semester students will be invited to give feedback on the course and teaching through a tool called SET or Qualtrics. The lecturers and course co-ordinators will consider all feedback and respond with summaries and actions.

Your feedback helps teachers to improve the course and its delivery for future students.

Class Representatives in each class can take feedback to the department and faculty staff-student consultative committees.

Student Charter and Responsibilities

The Student Charter assumes and acknowledges that students are active participants in the learning process and that they have responsibilities to the institution and the international community of scholars. The University expects that students will act at all times in a way that demonstrates respect for the rights of other students and staff so that the learning environment is both safe and productive. For further information visit Student Charter (https://www.auckland.ac.nz/en/students/forms-policies-and-guidelines/student-policies-and-guidelines/student-charter.html).

Disclaimer

Elements of this outline may be subject to change. The latest information about the course will be available for enrolled students in Canvas.

In this course you may be asked to submit your coursework assessments digitally. The University reserves the right to conduct scheduled tests and examinations for this course online or through the use of computers or other electronic devices. Where tests or examinations are conducted online remote invigilation arrangements may be used. The final decision on the completion mode for a test or examination, and remote invigilation arrangements where applicable, will be advised to students at least 10 days prior to the scheduled date of the assessment, or in the case of an examination when the examination timetable is published.

Published on 06/07/2020 11:42 p.m.