Real Property Administration (Assessment and Appraisal)

(Accelerated)

Program Description

The first semester of the Real Property Administration Accelerated Diploma program acquaints students with mandatory subjects in property valuation, financing, and real estate appraisal. The second semester covers aspects of law, appraising, municipal taxation, advanced software applications, property assessment and taxation, and statistics. Students receive training in the most up-to-date assessment software in the industry.

Admission Requirements

Program Eligibility:

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

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, keyboarding skills at 40 w.p.m. and business mathematics are recommended.

Your Career

Graduates may find themselves in high demand as property assessors of residential and commercial properties in the public and private sectors. There may also be opportunities in insurance companies, appraisal offices, municipalities, corporate tax offices and property tax agent firms to develop careers as property appraisers, tax agents or leasing assistants.

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 EAC150. 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
• RPA307 Statistical and Computer Applications in Valuation
• RPA304 Advanced Real Property Assessment I
• RPA406 Advanced Real Property Assessment II

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 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

In addition to receiving the Real Property Administration Diploma, the graduate student will receive 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.

The students 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

Students will be expected to successfully complete work placements provided by employers 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 textbook may be required for field placement. Students must have successfully completed semesters 1 and 3 to be eligible for FPL455.

Curriculum

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