ESTATE MANAGEMENT

ARC 305
Building Services I
ARC 305 | ESM | 1st Semester |  Download Courseware PDF

Course Synopsis

Building services for small to medium size projects. Cold and hot water supply mechanism and installation. Simple calculation of standard, velocity demand and selection of plumbing fittings leading to complete design for cold and hot water supply. Surface water drainage, waste disposal and hot water system. Principles of cooling and heating. The course does not set out to make engineers out of architectural students. It sets out to give some insight into the services of which architects – acting in their familiar role of principal agents – should have a basic understanding so that they can interpret the engineers requirements and accommodate these in their building design, and manage the design team.

ESM 301
PRINCIPLES OF VALUATION 1
ESM 301 | ESM | 1st Semester |  Download Courseware PDF

Course Synopsis

This course intends to provide an introduction to property valuations principle. The general approach adopted is a combination of theoretical explanations and practical examples. The intention is to discuss the context of the market, show how valuation practice has developed within the context and explain the application of valuation methods in practice. This course covers 4 main areas of study: 1. Concept of Valuation • Factors that affect supply and demand for land and building 2. Property Market- Its characteristics and composition 3. Use of Valuation Table and, 4. Methods of Valuation: • Comparison Method, • Investment Method, • Cost Method, • Residual Method and, • Profit Method

ESM 303
ELEMENTS OF LAND LAW 1
ESM 303 | ESM | 1st Semester |

Course Synopsis

The course covers the following topics: The principles of English Land and Law Historical outline of the development of freehold and leasehold estates and interests Legal and Equitable Estates and interest in land Pledges and Pawns Mortgages and their nature

ESM 307
Rating and Taxation I
ESM 307 | ESM | 1st Semester |

Course Synopsis

This course is designed primarily for students in Estate Management Department. However, it also meets the need of students in other fields. The focus of this course is to impart useful skills on the students in order to enhance their professional competence in handling rating assessment preparations and the procedures involved. Topics to be covered include history and evolution of rating in Nigeria; Defination of terms used in rating and taxation; Local government and its functions; Sources of finance to the local government; Concept of rating, property rating occupation and liability for rating; Other forms of taxation besides rating; Rating administration; and Power and duties of rating authorities.

ESM 311
Economics for the Built Environment
ESM 311 | ESM | 1st Semester |  Download Courseware PDF

Course Synopsis

This course is an introductory course to basic microeconomics and macroeconomics and how they relate to the built environment. It is designed primarily for students in Estate Management. It is a theoretical course, however it will be a reorientation for students as the knowledge gained will enhance their appreciation of income flow and investment opportunities in real estate. Topics to be covered include: Basic definitions of economics, microeconomics, macroeconomics and the built environment, Market theory: meaning, forces of demand and supply, Consumer demand theory, Property market structure, Money, interest and income, National income determination, Fiscal policy, International trade and Globalisation.

ESM 313
Urban Land Economics
ESM 313 | ESM | 1st Semester |  Download Courseware PDF

Course Synopsis

Urban Economics as a field of study. The nature of Urban Areas. Reasons for U rbanisation. Economic Advantages and Disadvantages of Urbanisation. Economic Problems of Urban Economy. Urbanisation and Land Use Values Patterns. Values Determination; Accessibility and Complimentarity. Urban Land Use and Transportation, Congestion, Traffic and Parking. Technology and the City Spatial Structure. Growth; The Urban Economic Base. Pollution and Environmental Quality in Nigeria. An Overview of Environment-Oriented Policy Measures in Nigeria Urban Policy. The need for Policy. Argument for and Against Urban Policy Formulation. Antecedents and Contemporary Urban Policy Measures in Nigeria. New Town Development; Public and Private. Planning and the Compensation and Betterment Problems

ESM 315
Estate Surveying Studio II
ESM 315 | ESM | 1st Semester |  Download Courseware PDF

Course Synopsis

This course is a continuation of ESM 209. This practical course is designed to further strengthen and deepen the students’ practical skills in other relevant areas of practice in Estate Surveying and Valuation in Nigeria. However, it further complements what students are learning in theoretical classes in valuation, property management, rating and taxation and compensation valuation. Topics to be covered include inspection of property for the preparation of Schedule of Dilapidation, the relevance of the schedule of dilapidation on valuation, property management and other areas of general practice of Estate Management, practical exercise in crop enumeration and inspection and preparation of a valuation list for a specific street section of a town. The exercises is categorized into two, the individual work and the group work.

QSV 307
Maintenance of construction works
QSV 307 | ESM | 1st Semester |  Download Courseware PDF

Course Synopsis

Building maintenance technology including agencies causing decay and changes in appearance of building materials, structural survey on dwelling and schedule of dilapidation. Alterations, conversions, extensions and improvement of buildings. Building maintenance management. Maintenance cycle and profiles, maintenance standards, statutory requirements. Planning maintenance work and cost control of maintenance operations. Organisation of maintenance departments.

ESM 302
PRINCIPLES OF VALUATION
ESM 302 | ESM | 2nd Semester |  Download Courseware PDF

Course Synopsis

This course intends to provide an introduction to property valuations principle. The general approach adopted is a combination of theoretical explanations and practical examples. The intention is to discuss the context of the market, show how valuation practice has developed within the context and explain the application of valuation methods in practice. This course covers 5 main areas of study: 1. Conventional freehold and leasehold valuations • Term and reversion • Hard core and layer • Equivalent yield • DCF Approach • Leasehold valuations (Single and dual rates) 2. Capital and Premium 3. Surrender and Renewal 4. Marriage Valuation

ESM 304
: ELEMENTS OF LAND LAW II
ESM 304 | ESM | 2nd Semester |  Download Courseware PDF

Course Synopsis

The course covers the following topics: The role of land in indigenous Nigerian society and economy Nature of land holdings, creation of family ownership Customary forms of alienation. Dealings with family property Compulsory acquisition and state grants. Registration of titles of family land.

ESM 308
Rating and Taxation II
ESM 308 | ESM | 2nd Semester |

Course Synopsis

This course is building on Rating and taxation I, which is designed primarily for students in Estate Management Department. However, it also meets the need of students in other fields. The focus of this course is to impart useful skills on the students in order to enhance their professional competence in handling rating assessment preparations and the procedures involved. Topics to be covered include methods of rating assessment for valuation of various classes of hereditament, various records used by rating authority and its applications for rating purposes, Procedures for the assessment of rate, Local valuation courts and rating tribunals and Field trip/Term paper.

ESM 312
ADMINISTRATIVE LAW
ESM 312 | ESM | 2nd Semester |  Download Courseware PDF

Course Synopsis

The course covers the following topics: The machinery of government, Separation of powers, the Legislative, the Executive, Judiciary, organization of courts and their jurisdictions. Administrative tribunal, the personnel of the Law Remedy for Administrative misconduct such as interlocutory injunction, certiorari, order of mandamus.

ESM 314
Comparative Land Policies
ESM 314 | ESM | 2nd Semester |  Download Courseware PDF

Course Synopsis

The nature of customary tenure in the economic and social structure of selected countries in West Africa. Social and legal theories of property. Proprietary land use analysis. The purpose and progress of national land reforms in selected countries. Implementation of land policies and specialised institutions of government and other bodies related thereto. Social relationship and land tenure. The classification of land tenure as a basis of comparative study. Principles of alienation and occupation of public land. A comparison of national policies. The evolution of the right of occupancy system in Nigeria.

ESM 316
Dr (Mrs) R.A. Oladapo
ESM 316 | ESM | 2nd Semester |  Download Courseware PDF

Course Synopsis

This course aims at equipping the students with the basic ingredients for effective communication in order to be able to handle multitude of daily correspondence that transpire between practising Estate Surveyors and Valuers and their clients. The course is taught as a course of instruction with more practical approach to demonstrate real life circumstances that lead to the preparation of various types of correspondence and reports in the practice of Estate Management and Valuation. The course contents generally include parts of speech, the sentence and the paragraph, and word formation in English Language. The nature of a technical report, the purpose and function of technical report, the general characteristics of a technical report.

ESM 318
: Industrial Visits and Field Trips
ESM 318 | ESM | 2nd Semester |  Download Courseware PDF

Course Synopsis

This course is tailored to provide opportunities for students to make field trips and visit related industries both on individual and group bases in order to familiarize with the actual practice in the industry. Individually, students will be expected to visit estate firms, housing corporations and housing estates, probate registry etc. and present a report as required by the instructors. However, on a group basis, industrial visits will be undertaken on one or combination of any of the following industries: Construction Materials, Textiles, Iron, steel and non-ferrous metal production, Metalworking, Chemical and petrol-chemicals, Plastics and Rubber, Paper and Board making, Garment and shoe manufacture, Food and Drinks, Electrical and Electronics, Printing and Publishing, Sugar and Alcoholic production, Furniture and Timber, Ceramics, Glass and Mineral production, Paint production. The candidates will be expected to be familiar with the production sequences, raw materials and plant requirements of processes which fall within the broad categories of the industries listed above. Upon return from the trip, the candidates are expected to prepare and submit a written report to demonstrate a general knowledge of the industrial processes, the basic types of plant and their application together with the various factory services required by the industry. During the trip, visits to governmental and non-governmental organisations and other agencies may be undertaken to further provide an opportunity of exposure of the candidates of the roles of Estate Surveyors and Valuers in such organisations. A trip that provides opportunity of international exposure will be an added advantage.