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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