Real Property Administration (Assessment and Appraisal) (Accelerated)

Program Description

The first semester of the Real Property Administration Accelerated Diploma program acquaints you with mandatory subjects in property valuation, financing, and real estate appraisal. The second semester covers aspects of property law, appraising, municipal taxation, urban planning, construction techniques, property assessment and taxation, and statistics. You will receive training in the most up–to–date assessment software in the industry. You will register for some subjects associated with professional designations at an additional cost.

Admission Requirements

Program Eligibility:

• Substantial completion of a degree or completion of a diploma from a recognized college or university
• English proficiency at the college level
• Grade 12 Mathematics (C) or (U) or Grade 11 Mathematics (U) or (M)
• See Accelerated Delivery Mode section

Applicant Selection:

• Students are required to be highly literate in the English language with good writing and analytical skills to be successful in this accelerated program.
• Applicant selection will include the assessment of English skills/proficiency.

Desirable:

• Although not required for admission, a high degree of computer literacy is recommended.
• Strong English communication skills are required (verbal, written and listening).

The Importance of Learning Skills:

Student success in college requires well developed learning skills (such as being able to work independently, participate in a team, be well-organized, develop good work habits, and show initiative). These skills are as important as prior academic achievement. While it is expected that applicants would have developed these skills through previous education and life experiences, Seneca offers support to assist students with further development of these important skills. Seminars, workshops and tutoring are available at Seneca's Learning Centres.

Fees

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Your Career

Fast–track to a career as an assessor of residential and commercial properties in the public and private sectors. You may also find employment opportunities in insurance companies, appraisal offices, municipalities, corporate tax offices and property tax agent firms as you build your career as a property appraiser, tax agent or leasing assistant.

Accelerated

This is an accelerated program for those who have completed a degree or diploma.
(The standard program is RPA.)

Accelerated Delivery Mode

The accelerated version of the regular, four– semester diploma program is designed for students who can demonstrate that they have previously achieved the academic equivalents of three general education credits and EAC 150. This allows the completion of the professional subjects over a period of two semesters.

UBC Certificate Subjects

• RPA112: Appraisal of Real Estate
• RPA115: Mortgage Underwriting
• RPA212: Real Estate Investment Analysis and Advanced Income Appraisal
• RPA304: Advanced Real Property Assessment I
• RPA307: Statistical and Computer Applications in Valuation

A final grade of 'C' is required in each subject.

Recognition

Employment opportunities are enhanced through the portability and recognition of the Seneca diploma in assessment jurisdictions across Canada and the eligibility for professional accreditation with the Institute of Municipal Assessors (AIMA Designation) for all students and with the Appraisal Institute of Canada (CRA Designation) for students possessing a university degree. Awards for academic excellence are provided by professional organizations and employers in recognition and support of the program.

Partnership

Upon graduation, you’ll receive both the Real Property Administration Diploma and a joint Real Property Assessment Certificate from Seneca College and the Real Estate Division of the Faculty of Commerce and Business Administration of the University of British Columbia.

You may also receive valuable industry insight through training and education with organizations such as the Municipal Property Assessment Corporation and the Assessment Review Board.

Field Placements

The RPAA program includes a field placement, which you will complete with an employer in the real property industry. The duration and nature of the work placement will vary. It will entail block placements which include the study week. Purchase of a text book may be required for field placement. You must successfully complete semesters one and three to be eligible for FPL 455.

Curriculum

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