Subject Code : RES420
Country : New Zealand
Assignment Task -

 

Learning outcomes 

You will be assessed on the following learning outcomes: 

• Explain land ownership titles and key property law definitions as they apply to real estate practice. 

• Discuss key points of the law relating to ownership (including co-ownership)  and transfer of land in New Zealand. 

 

Assignment scenario 

For the purposes of this assignment, you have recently joined the team as the newest salesperson at Waterford Real Estate Ltd, working at the Waterford East branch under the leadership of John Canon. 

 

Task 1: First home buyers 

You are working with customers, Tom and Lucy Bradshaw, who are keen to purchase their first home.

Over a period of about 3 weeks, you have shown them several properties, and they’ve shown considerable interest in five of them. You have given them a copy of the certificate of title for each of these properties. 

(a) Tom and Lucy mention that they are rather confused by the titles of the five properties. They ask you to: 

(i) identify the current owner/s of each home, and 

(ii) explain each property in terms of tenure. In your explanation,  describe how the tenure affects the rights and obligations of the owners. 

(b) Lucy says, ‘I have an idea of what a mortgage is, but can you please explain this and the other interests on these titles? Some of these things sound as if they might impact what we can or can’t do if we bought one of these properties. We really don’t want to make a mistake!’ 

(Your answer for each certificate of title should be up to 200 words.) 

 

Task 2: Helping new immigrants into the housing market 

You have been asked by the Waterford Community Centre to talk to a group of new immigrants about property ownership in New Zealand. Most have low levels of English. 

(a) You decide to support your speech with a handout, because you may have future customers in the audience. Here are the key points you need to  include in the handout: 

(i) A brief overview of the Torrens land transfer system used in New  Zealand. 

 

Task 3: Forms of co-ownership 

(a) Jason and Crystal Flood are a young couple preparing to buy their first home. After asking about how they want to structure the ownership, you realize they don’t know about the different forms of co-ownership. Explain  the following terms and the effect they have on homeownership:

(i) Joint tenancy. 

(ii) Tenancy in common. 

(iii) Civil unions. 

(iv) Trusts. 

(Write 50–100 words .) 

(b) Dave Anaru asks to you appraise a small farm. Because you are aware of areas of M?ori land in the region, you order a historic title search, which shows that this may be M?ori land. 

 

This RES420 - Real Estate Assignment has been solved by our  Real Estate Experts at UniLearnO. Our Assignment Writing Experts are efficient to provide a fresh solution to this question. We are serving more than 10000+Students in Australia, UK & US by helping them to score HD in their academics. Our Experts are well trained to follow all marking rubrics & referencing style.

Be it a used or new solution, the quality of the work submitted by our assignment Experts remains unhampered. You may continue to expect the same or even better quality with the used and new assignment solution files respectively. There’s one thing to be noticed that you could choose one between the two and acquire an HD either way. You could choose a new assignment solution file to get yourself an exclusive, plagiarism (with free Turnitin file), expert quality assignment or order an old solution file that was considered worthy of the highest distinction.

Eureka! You've stumped our genius minds (for now)! This exciting new question has our experts buzzing with curiosity. We can't wait to craft a fresh solution just for you!

  • Uploaded By : Roman
  • Posted on : January 11th, 2019

Whatsapp Tap to ChatGet instant assistance