Legal & Ethical Requirements for Property Sales (CPPDSM4008A)

This assignment, completed by a student, addresses the legal and ethical requirements of property sales, specifically focusing on the unit CPPDSM4008A. It covers various aspects of the real estate process, including different titles to land (freehold, leasehold, Torrens title, and strata title), prospecting methods for new listings (advertising, referrals, and community sponsorship), and methods of sale (private treaty, auction, and tender), analyzing their advantages and disadvantages. The assignment also explores the components of a marketing plan suitable for property sales, the importance of effective communication skills, and interpersonal communication techniques for conflict resolution. Furthermore, it outlines the procedures for handling and paying out monies in trust accounts and discusses types of ownership under freehold tenure. The student demonstrates their understanding of the material by answering short answer questions related to the topics.