This is an ARCHIVED version of the Kwantlen University College Calendar for 2001-2002 and is provided for historical reference only. See the current version of the Calendar for updated information.

Effective date of this calendar, unless otherwise indicated, is Sept. 1, 2001 to Aug. 31, 2002.

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Real Estate (CE)

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REST 1101 cr-3
Real Estate Mathematics

Students will study introductory mathematics of real estate finance and statistical measures and methods. They will apply these concepts to practical real estate problems.

Transferable (refer to transfer guide)

REST 1102 cr-3
Residential Building Construction

Students will study frame building construction and inspection methods, and will undertake site inspections of fee simple and strata frame construction. They will identify problems related to poor building design, poor construction or age; the degree of seriousness; and cost of remedies.

Transferable (refer to transfer guide)

REST 1103 cr-3
Property Management - Residential

Students will learn the principles and practices of residential property management, with a focus on rental and condominium management, particularly as applied in British Columbia. They will investigate the knowledge, communication skills, and technical expertise required of property managers to generate the greatest possible net income for the owners of investment properties.

Transferable (refer to transfer guide)

REST 1201 cr-3
IC & I Property Management

Students will examine the scope of the management of Industrial, Commercial & Investment (IC&I) real estate, including commercial properties and shopping centres. They will study property and asset management as it relates to using and investing in IC&I properties.

Transferable (refer to transfer guide)

REST 1202 cr-3
Real Property Law

Students will study the Canadian legal system and contract law as it applies to real property, including: issues of condominium law, estates, and interests in land and title registration. They will explore issues of professional standards under the Real Estate Act., ethical theories and professional practice.

Transferable (refer to transfer guide)

REST 1203 cr-3
Real Estate Finance in a Canadian Context

Students will apply the principles of real estate financial analysis to a variety of topics including: residential and commercial loan underwriting, loan refinancing and creative real estate financing methods, development financing, participation mortgages, and implementation and enforcement of mortgages.

Transferable (refer to transfer guide)

REST 2301 cr-3
Real Estate Investment Analysis

Students will learn the concepts and techniques of appraising the value of real estate and the processes of investment analysis and decision making.

REST 2302 cr-3
Commercial Building Construction

Students will undertake a site inspection of commercial premises. Topics include area measurement for leasehold; heating, ventilating and air conditioning systems (HVAC); built forms; and the administrative systems and checklists used in building inspection. Students will also discuss construction methods, identification of structural and maintenance problems, and the use of professional consultants such as engineers and architects in developing maintenance and repair specifications and budgets.

REST 2303 cr-3
Urban Infrastructure

Students will learn about developing an infrastructure plan, including financial requirements, operations, maintenance, and administration. They will also learn about servicing policies in land subdivision.

REST 2304 cr-3
Insurance & Risk Management

Students will review the history of insurance in Canada in the context of real property and the risk management of potential loss and insurance claims. Topics include insurance underwriting, statutory conditions, reinsurance, co-insurance, and various types of policies.

REST 2401 cr-3
Introduction to Real Estate Appraisal

Students will learn the three approaches to estimating value: cost, market and income. They will focus on estimating values of single family residential and small multi-family residential complexes, following the principles and techniques of dealing with real property values.

REST 2402 cr-3
Land and use Regulation

Students will learn concepts of sovereignty and land ownership in the Canadian legislative and regulatory contxt. As well, they will review issues of private ownership but public control.

REST 2403 cr-3
Real Estate Development

Students will study about the economic and political forces influencing real estate development and the governmental and institutional roles in land development. They will gain an overview of a development project from the idea to the cursory feasibility, land acquisition decision, construction, and marketing phases.

REST 2404 cr-3
Real Estate Feasibility Studies

The students will develop a feasibility study for a selected parcel of land. They will collect data, determine market and project risk factors and will conduct a sensitivity analysis of issues relating to project viability.

Prerequisites: REST 2403