Unit for Applied Economics (including Real Estate

APPLIED LEGAL STUDIES 219

SUBJECTS: GUIDE TO TERMINOLOGY

Please contact your academic department for information on pipeline qualifications and subjects

CO-REQUISITE: A co-requisite subject is one for which a student must be registered together (i.e. concurrently) with another specified subject.

PRE-REQUISITE: A pre-requisite subject is one which a student must have passed in order to gain admission to another subject. For example, Management 1 is a pre-requisite for Management 2.

BACHELOR’S DEGREE SUBJECTS

COMMUNICATION SKILLS 1

Pre-requisite: Subject outline: This subject focuses on the study of human communication in a variety of formats and media in a paralegal context. It includes instruction in the theory and practice of interpersonal, group and organizational communication; speaking and listening; reading, writing as well as verbal and non-verbal interaction; technologically mediated communication and various contextual applications. Assessment: Assessments are formative and summative and consist of tests and individual, pair and group assignments. The process approach to academic writing is used to assess assignments and reports.

INTRODUCTION TO LAW AND ETHICS

Pre-requisite: Subject outline: This subject covers a general introduction to South African Law, including the sources and classification of the law, basic legal concepts, legal history, ethics, the legal profession and the relationship between law, justice and responsibility. It forms the foundation for the study of specialised law subjects within the curriculum. Assessment: A series of formative computer-based assessments are used to ensure student preparation for class and tutorial sessions are designed to assess the student’s readiness for the summative assessments in the form of class tests and the final summative examination.

LEGAL INTERPRETATION

Pre-requisite: Subject outline: This subject provides candidates with an overview of the various approaches to statutory interpretation and its application to legislation within the South African legal environment. It further aims to equip candidates with the critical thinking skills essential to a legal environment. Assessment: A series of formative computer-based assessments are used to ensure student preparation for class and tutorial sessions are designed to assess the student’s readiness for the summative assessments in the form of class tests and the final summative examination.

LEGAL RESEARCH AND WRITING

Pre-requisite: Subject outline: This subject introduces candidates to a systematic approach to legal research and basic forms of legal writing and exposes them to the different search engines and sources. Assessment: Assessments consist of continuous formative assessment of the relevance of information gathered, draft letters, memos and basic opinions as well as summative assessments in form of tests and a portfolio of evidence.

APPLIED LEGAL STUDIES 220

ACCOUNTANCY 1

Pre-requisite: Subject outline: This subject aims to equip candidates with a basic understanding of the fundamental principles of accounting and prepare them for the decision-making processes in a South African business environment. Assessment: A series of formative assessments in the form of tutorials is designed to determine the student’s readiness for the summative assessments in the form of class tests and the final examination.

INFORMATION TECHNOLOGY 1

Pre-requisite: Subject outline: This subject introduces candidates to computer concepts and environments, including e-mail, word processing, advanced spreadsheets, databases, graphing and internet as a data gathering tool. Assessment: A series of formative computer-based assessments are used to ensure student preparation for class and tutorial sessions are designed to assess the student’s readiness for the summative assessments in the form of class tests and the final summative assessment.

THE LAW OF CONTRACT

Pre-requisite: Subject outline: The subject equips students with a thorough understanding of the general principles of the law of contract in South Africa, including the requirements for its formation, contents, operation and termination of a contract, breach of contract and remedies for breach. It further covers a range of specific contracts and its related legislation. Assessment: A series of formative computer-based assessments are used to ensure student preparation for class and tutorial sessions are designed to assess the student’s readiness for the summative assessments in the form of class tests and examinations.

PRIVATE LAW 1: PERSONS & FAMILY LAW PRACTICE

Pre-requisite: Subject outline: This subject provides candidates with the theoretical foundation of the Law of Persons and Family and equips them for family law practice within the South African legal context. Assessment: A series of formative computer-based assessments are used to ensure student preparation for class and tutorial sessions are designed to assess the student’s readiness for the summative assessments. Summative assessments include role-play in a simulated environment, project-based activities culminating in a portfolio of evidence, class tests and an examination.

ACCOUNTANCY 2

Pre-requisite: Accountancy 1 Subject outline: This subject consolidates the fundamental principles of accounting and prepares students for its application in a South African paralegal context. Assessment: Tutorials are designed to assess the student’s readiness for the summative assessments. Summative assessments consist of a class test and examination.

CIVIL PROCEDURE

Pre-requisite:

APPLIED LEGAL STUDIES 221

Subject outline: This subject equips candidates with an understanding of the rules and procedures that courts and litigants are obliged to follow when engaging in different kinds of civil suits and use it as the foundation for its application within a paralegal context.

Assessment: A series of formative computer-based assessments are used to ensure student preparation for class and tutorial sessions are designed to assess the student’s readiness for the summative assessments. Summative assessments are a combination of project-based activities culminating in a portfolio of evidence, class tests and examinations.

INFORMATION TECHNOLOGY 2

Pre-requisite: Information Technology 1 Subject outline: This subject equips students to utilise advanced spreadsheets and apply it to graphing, manage databases and electronic files, and integrate Word, Excel, PowerPoint, Access and Database. Assessment: A series tutorial sessions are designed to assess the student’s readiness for the summative assessments in the form of a class test and examination.

CONSUMER LAW PRACTICE

Pre-requisite: The Law of Contract Subject outline: This subject provides students with an overview of credit agreements and the various statutes and regulations that impact on such agreements and other consumer transactions. It further aims to prepare students for the practical application thereof when rendering a paralegal service in debt recovery, debt counselling and/or reviewing. Assessment: A series of formative computer-based assessments are used to ensure student preparation for class. Formal tutorial sessions are designed to assess the student’s readiness for the summative assessments. Summative assessments take the form of tests and an integrated summative assessment in the form of a portfolio of evidence.

COMMUNICATION SKILLS 2

Pre-requisite: Communication Skills 1 Subject outline: This subject focuses on the application of communication skills such as conflict resolution, argumentation and persuasion, and technologically mediated communication in a variety of formats and media for application in a paralegal context. It includes the application of the principles of effective communication in group, organizational, professional as well as cross-cultural and multi-cultural contexts.

Assessment: Assessments will be in the form of tests, individual, pair and group assignments. Assessments will be formative and summative. The process approach to academic writing will be used to assess assignments and reports.

MERCANTILE LAW 2: CORP ENTITIES & PROCEDURES

Pre-requisite: The Law of Contract Subject outline: This subject provides candidates with the theoretical foundation of the law relating to business entities and its application in corporate secretarial practice. Assessment: A series of formative computer-based assessments are used to ensure student preparation for class and tutorial sessions are designed to assess the student’s readiness for the summative assessments. Summative assessments are a combination of project-based activities culminating in a portfolio of evidence, class tests and examinations.

APPLIED LEGAL STUDIES 222

PRIVATE LAW 2: SUCCESSION & ADMIN OF ESTATES

Pre-requisite: Private Law 1 Subject outline: This subject provides the student with an overview of the South African Law of Succession, its related legislation and the constitutional issues impacting on it. It further aims to prepare the student for the practical application of the Law of Succession within the context of the administration of deceased estates.

Assessment: A series of formative computer-based assessments are used to ensure student preparation for class and tutorial sessions are designed to assess the student’s readiness for the summative assessments. Summative assessments include role-play in a simulated environment, project-based activities culminating in a portfolio of evidence, class tests and examination.

PUBLIC LAW 2: CONSTITUTIONAL LAW & CITIZENSHIP

Pre-requisite: Subject outline: This subject provides students with an overview of Constitutional Law in South Africa and equip them to apply the principles entrenched in the Constitution in practice as a paralegal. Assessment: A series of formative computer-based assessments are used to ensure student preparation for class and tutorial sessions are designed to assess the student’s readiness for the summative assessments. Summative assessments are a combination of project-based activities culminating in a portfolio of evidence, class tests and examinations.

LAW OF EVIDENCE

Pre-requisite: Subject outline: This subject provides students with an overview of the rules of evidence as reflected in the South African evidentiary system. Assessment: A series of formative computer-based assessments are used to ensure student preparation for class and tutorial sessions are designed to assess the student’s readiness for the summative assessments in the form of tests and an examination.

BUSINESS ADMINISTRATION FOR PARALEGALS

Pre-requisite: Subject outline: This subject equips candidates with the requisite skills to establish and manage a law practice or community-based advice office as a paralegal. Assessment: A series of formative computer-based assessments are used to ensure student preparation for class and tutorial sessions are designed to assess the student’s readiness for the summative assessments in the form of class tests, a portfolio of evidence and the final integrated summative examination.

LEGAL INTERPRETING

Pre-requisite: Communication Skills 2 Subject outline: This subject prepares students to perform the function of a legal interpreter in a range of legal contexts, including, but not limited to the courts.

Assessment: Continuous formative and summative assessment opportunities include direct observation in a simulated environment, product evaluation and questioning.

APPLIED LEGAL STUDIES 223

LAW OF DELICT AND MOTOR VEHICLE ACCIDENTS

Pre-requisite: Subject outline: This subject provides students with an overview of the law of delict and its application in the South African legal context. It further aims to equip students with a thorough understanding of the system of third-party compensation in motor vehicle accidents and its application in order to advise, support and assist potential claimants. Assessment: A series of formative computer-based assessments are used to ensure student preparation for class and tutorial sessions are designed to assess the student’s readiness for the summative assessments. Summative assessments are a combination of project-based activities culminating in a portfolio of evidence, class tests and examinations.

MERC LAW 3: LABOUR LAW & ALT DISPUTE RES PROC

Pre-requisite: Mercantile Law 2 Subject outline: This subject provides candidates with the theoretical knowledge of labour relations in South Africa, its regulatory framework and various forms of alternative dispute resolution. It is intended to equip them to apply this knowledge in a paralegal context and provide them with the knowledge and skills to inform, advise, assist and represent clients. Assessment: A series of formative computer-based assessments are used to ensure student preparation for class and tutorial sessions are designed to assess the student’s readiness for the summative assessments. Summative assessments include role play in a simulated environment, project-based activities culminating in a portfolio of evidence, class tests and examination.

PRIVATE LAW 3: PROP & CONVEYANCING PROCEDURE

Pre-requisite: Private Law 2 Subject outline: This subject provides students with the theoretical foundation of the Law of Property and the relevant statutes that apply to it. It further aims to prepare the students to apply that theoretical knowledge within the context of the scope of practice of a community-based paralegal as well as a conveyancing paralegal. Assessment: A series of formative computer-based assessments are used to ensure student preparation for class and tutorial sessions are designed to assess the student’s readiness for the summative assessments. Summative assessments include project-based activities culminating in a portfolio of evidence, tests and examinations in a simulated environment.

PUBLIC LAW 3: CRIMINAL LAW & PROCEDURE

Pre-requisite: Public Law 2 Subject outline: This subject introduces candidates to the general principles of Criminal Law and the criminal procedural system as encountered by a paralegal within the South African legal context. It briefly examines the nature of criminal law and selected criminal offences, the principle of legality and the operation of the Bill of Rights on Criminal Law. Assessment: A series of formative computer-based assessments are used to ensure student preparation for class and tutorial sessions are designed to assess the student’s readiness for the summative assessments. Summative assessments include role play in a simulated environment, project-based activities culminating in a portfolio of evidence, class tests and an examination.

UNIT FOR APPLIED ECONOMICS 224

DEPARTMENTOFFICE-BEARERS

POSITION NAME TELEPHONE E-MAIL

Coordinator (Acting) (Contract) Mr ME Van Doesburgh 021 460 4291 VandoesburghM@cput.ac.za

Administrative Assistant Ms KB Hector 021 460 8350 / 3721 HectorKB@cput.ac.za

BLD & ROOM NR.

D6 Engineering Bld 3rdFlr Room 3.39B D6 Engineering Bld 3rdFlr Room 3.39C

ACADEMIC STAFF

POSITION NAME QUALIFICATIONS TELEPHONE E-MAIL BLD & ROOM NR.

Senior Lecturer Ms B Fakier BSc Honours in Property Studies (UCT)

Lecturer (ECP) Dr D Dubihlela PhD Economics

Lecturer Ms CM Helsby MCom Economics

Lecturer Mr R Kalima Master of Science: Real Estate

Lecturer Ms OF Ticha BA (Hons), MA

Junior Lecturer Mrs S Edwards B Econ (SU) , ND Real Estate (CPUT)

Junior Lecturer Mr ML Da Costa ND Real Estate

Junior Lecturer (ECP) Cooperative Education Coordinator (Acting) Mr N Kalam

BCom BTech Business Administration Ms B Allies NDPUH, NHDPUH, ADPA, MPA (SU) 021 460 3721 FakierB@cput.ac.za D6 Engineering Bld 3rd Flr Room 3.39B

021 460 3070 DubihlelaD@cput.ac.za D6 Engineering Bld Grnd Flr Room 2.84

021 460 3256 HelsbyC@cput.ac.za D6 Commerce Bld 1st Flr Room C1.18

021 460 3105 KalimaR@cput.ac.za D6 Engineering Bld 3rd Flr Room 3.39A

021 460 3012 Tichao@cput.ac.za D6 Commerce Bld 3rd Flr Room 3.27

021 460 3386 EdwardsS@cput.ac.za D6 Engineering Bld 3rd Flr Room 3.39A

021 460 3660 KalamN@cput.ac.za D6 Engineering Bld Grnd Flr Room 2.76

021 460 3721 FakierB@cput.ac.za D6 Engineering Bld 3rd Flr Room 3.39B

021 460 4207 AlliesB@cput.ac.za D6 Commerce Bldg. 3rd Floor Room 3:36

QUALIFICATIONS OFFERED

Please contact your academic department for information on pipeline qualifications and subjects

UNIT FOR APPLIED ECONOMICS 225

New/ Phase out Undergrad or Post Graduate Qualification Type Qualification Code Qualification Name offered Campus Minimum (Years) Duration Maximum (Years) Duration

New from 2018 UG Diploma D3REAL Diploma in Real Estate Distance Education 3 6 New from 2018 UG Diploma D3REAL Diploma in Real Estate District Six (full-time) 3 6 Phasing out – pipeline students only UG National Diploma NDREAL ND: Real Estate Distance Education 3 6 Phasing out – pipeline students only UG National Diploma NDREAL ND: Real Estate District Six (full-time) 3 6 Phasing out – pipeline students only – 2020 last year of part-time offerings UG National Diploma NDREAL ND: Real Estate District Six (part-time) 3 6

DIPLOMA IN REAL ESTATE

QUALIFICATION CODE: D3REAL

tudy s Period of time Part tudy s Period of ester Year/Sem ubject s Subject Name Code Subject Compulsory or Elective

1 1 Y Business Computer Applications BCA156S C

1 1 Y Communication CMM158S C

1 1 Y Construction Technology CTT150S C

1 1 Y Property Economics & Finance 1 PEF150S C

1 1 Y Property Valuation 1 PRV150S C

requisite Pre Subject Codes NQF Level SAQA Credits HEMIS Credit Assessment Type

5 18 0.150 CE

5 18 0.150 CE

5 24 0.200 CE

5 30 0.250 CE

5 30 0.250 CE

2 2 Y Property Law LPV250S C 5 30 0.250 CE

2 2 Y Property Economics & Finance 2 PEF260S C PEF150S 6 30 0.250 CE

2 2 Y Property Marketing

2 2 Y Property Valuation 2 PRH250S C 5 30 0.250 CE

PRV260S C PRV150S 6 30 0.250 CE

3 3 Y Property Economics & Finance 3 PEF360S C PEF260S 6 30 0.250 CE

UNIT FOR APPLIED ECONOMICS 226

tudy s Period of time Part tudy s Period of ester Year/Sem ubject s

Subject Name

3 3 Y Property Valuation 3

3 4 Y Property Development

3 4 Y Property Management

CE: Continuous Assessment

Code Subject Compulsory or Elective requisite Pre Subject Codes NQF Level SAQA Credits HEMIS Credit Assessment Type

PRV360S C PRV260S 6 30 0.250 CE

PDT360S C 6 30 0.250 CE

PRG360S C CTT150S 6 30 0.250 CE

SUBJECTS: GUIDE TO TERMINOLOGY

Please contact your academic department for information on pipeline qualifications and subjects

CO-REQUISITE: A co-requisite subject is one for which a student must be registered together (i.e. concurrently) with another specified subject.

PRE-REQUISITE: A pre-requisite subject is one which a student must have passed in order to gain admission to another subject. For example, Management 1 is a pre-requisite for Management 2.

DIPLOMA SUBJECTS

BUSINESS COMPUTER APPLICATIONS

Pre-requisite: Subject outline: In this subject, you will be introduced to several computer concepts and environments, which include the following: Computer and Managing Files (Windows 10); Information and Communication (Email and Internet); Basic Concepts of Information Technology (Theory); Word Processing (Microsoft Word 2016) ; Presentation (Microsoft PowerPoint 2016) ; Spreadsheets (Excel 2016) ; Database (Access 2016) . As well as the integration of multiple office applications Assessment: All assessments are compulsory. Assignments, class tests, tutorials, practical assessments, presentations and Final Summative Assessment.

COMMUNICATION

Pre-requisite: Subject outline: The subject Communication aims to help students develop good communication skills needed for effective interactions in the workplace and society. These skills are however embedded in theory, and therefore our students are not only trained in vital communication skills, but also thoroughly guided through the theoretical understanding of these respective skills. Content covered in this subject includes the following topics:- Communication Theory; Intercultural Communication, Small Group Communication and Conflict resolutions; Reading and Listening skills; Plagiarism and Referencing; Academic Writing; Business Correspondences (Letters, memos, emails, faxed information); Report Writing and Meeting theory and documentations; as well Oral Presentation Skill.

UNIT FOR APPLIED ECONOMICS 227

Assessment: All assessments are compulsory. Assignments, class tests, tutorials, practical assessments, presentations and Final Summative Assessment.

CONSTRUCTION TECHNOLOGY

Pre-requisite: Subject outline: The learner will be introduced to the basics of building science. Various technical aspects of the construction process will be dealt with. Elements of construction from foundation level to the roof will be studied. Learners will gain an understanding of services reticulation and construction as well as the identification of problems in construction and their remedies. In addition the learner will gain an understanding of how to engage with the professional team, how to employ the construction contract as a management tool as well as the risk associated with construction. Topics covered include: Elements of construction, building foundations, handling of water, brick work, water reticulation, windows, roofs, damp, electrical reticulation, compliance issues, building design, maintenance, identification of needs, translating needs to solutions, and typical construction problems. Assessment: All assessments are compulsory. Assignments, class tests, tutorials, practical assessments, presentations and Final Summative Assessment.

PROPERTY DEVELOPMENT

Pre-requisite: Subject outline: This subject will incorporate the Work Based Learning component of the programme. Students will be required to submit work based projects and a portfolio of evidence based on their work based experiential involvement in any property related field of their interest, i.e., Property Development, Property Valuation, Property/Facilities Management and Real Estate Agency. Assessment: All assessments are compulsory. Assignments, class tests, tutorials, practical assessments, presentations and Final Summative Assessment.

PROPERTY ECONOMICS & FINANCE 1

Pre-requisite: Subject outline: The primary objective of the Property Economics & Finance 1 course is to provide the learner with a basic framework within which the complex working of time value of money calculations can be understood and applied. To be able to reach this goal, the learner will be introduced to the theory of the basic formulas and emphasis will be on the practical interpretation and most important, everyday application of these formulas. On completion of this course, the learner would have a sound theoretical and practical body of time value of money knowledge which would assist the learner in understanding the role of time value of money calculations used in the Real Estate Industry. The focus of this course will be on learner participation and involvement in mastering the various time value of money aspects, concepts and techniques. Assessment: All assessments are compulsory. Assignments, class tests, tutorials, practical assessments, presentations and Final Summative Assessment.

PROPERTY ECONOMICS & FINANCE 2

Pre-requisite: Property Economics & Finance 1 Subject outline: The primary objective of the Property Economics & Finance 2 course is to provide the learner with a basic understanding of the relationship which exists between the Real Estate Industry and the basic economics of the country. To be able to reach this goal, the learner will be introduced to the theory of the basic economic principles. On completion of this course, the learner would have a sound theoretical and practical understanding of basic economics which would assist the learner in understanding the role of a practitioner in the Real Estate Industry.

UNIT FOR APPLIED ECONOMICS 228

The focus of this course will be on learner participation and involvement in mastering the various economics and finance aspects, concepts and techniques. Assessment: All assessments are compulsory. Assignments, class tests, tutorials, practical assessments, presentations and Final Summative Assessment.

PROPERTY ECONOMICS & FINANCE 3

Pre-requisite: Property Economics & Finance 2 Subject outline: The emphasis of this course will be to provide the learner with a more specialised theoretical background on the risks of investing and the development of property by way of mathematical models. Learners will be taught how to apply the theoretical knowledge to compile financial feasibilities for properties with special emphasis on acquisition and disposal and the compilation of an investment strategy to build a portfolio. Assessment: All assessments are compulsory. Assignments, class tests, tutorials, practical assessments, presentations and Final Summative Assessment.

PROPERTY LAW

Pre-requisite: Subject outline: This subject introduces students to the legal framework within which the property business is conducted with particular emphasis on the rights in and ownership of real property in South Africa, case law and statute law affecting property valuation. Topics covered include: The structure of the SA legal system; introduction to the law of property; real rights and personal rights; property ownership; sectional titles; share blocks; timeshare; retirement schemes; contracts; the valuer and the law; legislation relevant to property valuation; Case law on Property Valuations. Assessment: All assessments are compulsory. Assignments, class tests, tutorials, practical assessments, presentations and Final Summative Assessment.

PROPERTY MANAGEMENT

Pre-requisite: Subject outline: The subject is designed to provide the student with knowledge about Property Management together with other related disciplines. The major topics covered in this subject are: principles of property management, management of different typed of property, principles of maintenance management, facilities management, life cycle costing and risk management. Assessment: All assessments are compulsory. Assignments, class tests, tutorials, practical assessments, presentations and Final Summative Assessment.

PROPERTY MARKETING

Pre-requisite: Subject outline: The primary objective of the Property Marketing course is to provide the learner with a comprehensive framework within which the working of the marketing process can be understood and applied. In order to reach this goal, the learner will be introduced to the theory of marketing and how the marketing of real estate fits into the marketing environment. On completion of the subject, the learner should have a sound theoretical and practical body of knowledge regarding the marketing of real estate which would assist the learner in understanding the role of marketing of real estate in the business and property markets. Assessment: All assessments are compulsory. Assignments, class tests, tutorials, practical assessments, presentations and Final Summative Assessment.

PROPERTY VALUATION 1

UNIT FOR APPLIED ECONOMICS 229

Pre-requisite: Subject outline: The subject introduces students to the general field of Real Estate by firstly defining what real property means, the unique characteristics of real property and the general theory of Property Valuation. At the end of the course students are expected to have understanding of the general concept of Value with particular reference to Real Property, know the purposes for which Valuations are often required, know the factors which influence value of real property, know how to do market research and the offices where to obtain property information in order to write a motivated Valuation Report of a simple residential property. Topics covered include: the concept of Value, the Valuer, purposes of valuation,factors influencing value of different types of property,different methods of valuation, property market and property information search and the Valuation Report. Assessment: All assessments are compulsory. Assignments, class tests, tutorials, practical assessments, presentations and Final Summative Assessment.

PROPERTY VALUATION 2

Pre-requisite: Property Valuation 1 Subject outline: The primary objective of the Property Valuation 2 course is to provide the learner with more advanced framework within which the complex working of the immovable property valuation process can be understood and applied. To be able to reach this goal, the learner will be introduced to the generally accepted valuation methodologies with special emphasis on the income approach to valuation. The emphasis will be on property market research and the compiling of a motivated valuation reports for commercial and industrial properties. Topics covered include: town planning and its effect on Property Value, Valuation of different properties by applying three of the four valuation methods, Insurance calculation, and the Valuation Report based on the Income Capitalization method.

Assessment: All assessments are compulsory. Assignments, class tests, tutorials, practical assessments, presentations and Final Summative Assessment.

PROPERTY VALUATION 3

Pre-requisite: Property Valuation 2 Subject outline: This subject is a continuation of the valuation subjects and builds on the knowledge from Valuation I and II. It is intended to introduce students to more specialised and advanced methods of valuation and the valuation of specialised types of properties. Topics covered include valuation of specialised properties such as churches, plant and machinery; valuation for expropriation; valuation of servitudes; valuation of farmland; valuation of game farms, valuation of vineyard and orchards; valuation of shopping centres; advanced methods of valuation such as the accounts/profits method and the residual method of valuation; township valuations; valuation of filling stations and discounted cash flow techniques. Assessment: All assessments are compulsory. Assignments, class tests, tutorials, practical assessments, presentations and Final Summative Assessment.