The course builds on your knowledge of Valuation techniques that apply in the Valuation of various property types. The course examines the need for Valuations to be undertaken for various statutory purposes. It is a government requriement for valuations to be undertaken for Rating and Taxing, Land Acquisition and Compensation and various Planning or Land Management activities.
You will develop your knowledge of the Rights of Government to deal with privately owned land and also the Revenue raising capacity of State and Local Government.
You will also develop your understanding of the Statutory aspects of Valuation Theory and Practice and the Literature associated with it.
You will critically examine court precedents in relation to the acquisition and taxing of land.