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
Canadian Real Estate Finance
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 1207 cr-3
Social and Affordable Housing
Students will review the legislative history and the application of housing programs in Canada dealing with policy, management, and the economics of social and affordable housing. They will study affordable housing approaches; economics and cost; not-for-profit housing administration, board responsibilities and relationships; the development process; First Nations housing in Canada; budgeting and reserve maintenance funds; security and risk management; and tenant management.

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 context. 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