Part of the Future Property Professionals Program
The Future Property Professionals Program was developed and implemented by the API to provide graduates with quality education and a training pathway from academic excellence to property professional competency. Designed by property professionals, educators and technical experts the program focuses on the skills required to prosper in a dynamic professional environment.
About the Leases Module
Leases play an important role across all forms of property. This module highlights the importance of leases and all the factors that must be considered with a lease including rent reviews, options, lease expiry and release of a lease. The relevant legislation surrounding a lease is also discussed.
On completion of this module, it is intended that students should be able to explain concepts and common terms contained in a lease, be able to distinguish between a lease and other contractual rights, identify and distinguish different types of leases and be aware of some of the issues which are relevant to commercial and legal parties in a leasing transaction or valuation exercise.
CPD Points: 2