This unit specifies the skills and knowledge required to appraise commercial properties for lease or sale.

It includes analysing property usage and land use controls and applying suitable appraisal methodologies. It also includes researching and analysing market, property and financial data to determine an appraised price and presenting documented appraisal reports to clients.

State or territory licensing requirements may apply to this unit.

You may want to include more information here about the target group and the purpose of the assessments (eg formative, summative, recognition)

List each assessment task's title, type (eg project, observation/demonstration, essay, assingnment, checklist) and due date here

Assessment task 1: [title]      Due date:

(add new lines for each of the assessment tasks)

Copy and paste from the following data to produce each assessment task. Write these in plain English and spell out how, when and where the task is to be carried out, under what conditions, and what resources are needed. Include guidelines about how well the candidate has to perform a task for it to be judged satisfactory.

Copy and paste from the following performance criteria to create an observation checklist for each task. When you have finished writing your assessment tool every one of these must have been addressed, preferably several times in a variety of contexts. To ensure this occurs download the assessment matrix for the unit; enter each assessment task as a column header and place check marks against each performance criteria that task addresses.

Observation Checklist

Tasks to be observed according to workplace/college/TAFE policy and procedures, relevant legislation and Codes of Practice	Yes	No	Comments/feedback
Confirm purpose of appraisal and client instructions according to legislation in the state or territory of operation.
Discuss agency requirements and appraisal processes with client.
Confirm commercial property usage, lease arrangements and land use controls.
Obtain agreement to proceed with appraisal according to legislation in state or territory of operation.
Select appraisal methodology suitable to property type and based on available information.
Analyse required documents, reports and financial data for property.
Analyse current market data and trends that may affect lease or sale of property.
Verify accuracy and reliability of collated data.
Analyse research findings to ascertain final appraisal, and record outcome according to agency requirements and client instructions.
Prepare appraisal report in an acceptable format, highlighting findings and rationale.
Present report to client.
Retain records and documentation securely, according to agency requirements.
Confirm purpose of appraisal and client instructions according to legislation in the state or territory of operation.
Discuss agency requirements and appraisal processes with client.
Confirm commercial property usage, lease arrangements and land use controls.
Obtain agreement to proceed with appraisal according to legislation in state or territory of operation.

Assessment Cover Sheet

CPPREP4201 - Appraise commercial property

Assessment task 1: [title]

Student name:

Student ID:

I declare that the assessment tasks submitted for this unit are my own work.

Student signature:

Result: Competent Not yet competent

Feedback to student

 

 

 

 

 

 

 

 

Assessor name:

Signature:

Date:

Assessment Record Sheet

CPPREP4201 - Appraise commercial property

Student name:

Student ID:

Assessment task 1: [title] Result: Competent Not yet competent

(add lines for each task)

Feedback to student:

 

 

 

 

 

 

 

 

Overall assessment result: Competent Not yet competent

Assessor name:

Signature:

Date:

Student signature:

Date: