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Evidence Guide: CPPREP4201 - Appraise commercial property

Student: __________________________________________________

Signature: _________________________________________________

Tips for gathering evidence to demonstrate your skills

The important thing to remember when gathering evidence is that the more evidence the better - that is, the more evidence you gather to demonstrate your skills, the more confident an assessor can be that you have learned the skills not just at one point in time, but are continuing to apply and develop those skills (as opposed to just learning for the test!). Furthermore, one piece of evidence that you collect will not usualy demonstrate all the required criteria for a unit of competency, whereas multiple overlapping pieces of evidence will usually do the trick!

From the Wiki University

 

CPPREP4201 - Appraise commercial property

What evidence can you provide to prove your understanding of each of the following citeria?

Seek instructions.

  1. Confirm purpose of appraisal and client instructions according to legislation in the state or territory of operation.
  2. Discuss agency requirements and appraisal processes with client.
  3. Confirm commercial property usage, lease arrangements and land use controls.
  4. Obtain agreement to proceed with appraisal according to legislation in state or territory of operation.
Confirm purpose of appraisal and client instructions according to legislation in the state or territory of operation.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Discuss agency requirements and appraisal processes with client.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Confirm commercial property usage, lease arrangements and land use controls.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Obtain agreement to proceed with appraisal according to legislation in state or territory of operation.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Conduct research to support appraisal of commercial property.

  1. Select appraisal methodology suitable to property type and based on available information.
  2. Analyse required documents, reports and financial data for property.
  3. Analyse current market data and trends that may affect lease or sale of property.
  4. Verify accuracy and reliability of collated data.
Select appraisal methodology suitable to property type and based on available information.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Analyse required documents, reports and financial data for property.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Analyse current market data and trends that may affect lease or sale of property.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Verify accuracy and reliability of collated data.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Complete appraisal report.

  1. Analyse research findings to ascertain final appraisal, and record outcome according to agency requirements and client instructions.
  2. Prepare appraisal report in an acceptable format, highlighting findings and rationale.
  3. Present report to client.
  4. Retain records and documentation securely, according to agency requirements.
  5. Confirm purpose of appraisal and client instructions according to legislation in the state or territory of operation.
  6. Discuss agency requirements and appraisal processes with client.
  7. Confirm commercial property usage, lease arrangements and land use controls.
  8. Obtain agreement to proceed with appraisal according to legislation in state or territory of operation.
Analyse research findings to ascertain final appraisal, and record outcome according to agency requirements and client instructions.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Prepare appraisal report in an acceptable format, highlighting findings and rationale.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Present report to client.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Retain records and documentation securely, according to agency requirements.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Confirm purpose of appraisal and client instructions according to legislation in the state or territory of operation.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Discuss agency requirements and appraisal processes with client.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Confirm commercial property usage, lease arrangements and land use controls.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Obtain agreement to proceed with appraisal according to legislation in state or territory of operation.

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Assessed

Teacher: ___________________________________ Date: _________

Signature: ________________________________________________

Comments:

 

 

 

 

 

 

 

 

Instructions to Assessors

Required Skills and Knowledge