RES 420 :Fundamentals of Real Estate - Case Study - Assignment Help

Assignment Task:

Task:

Learning outcomes
You will be assessed on the following learning outcomes:
? Explain land ownership titles and key property law definitions as they apply to real estate practice.

? Discuss key points of the law relating to ownership (including co-ownership) and transfer of land in New Zealand.

Assignment scenario
For the purposes of this assignment, you have recently joined the team as the newest salesperson at Waterford Real Estate Ltd, working at the Waterford East branch under the leadership of John Canon.
 

Task 1: First home buyers
You are working with customers, Tom and Lucy Bradshaw, who are keen tom purchase their first home. Over a period of about 3 weeks you have shown them several properties, and they’ve shown considerable interest in five of them. You have given them a copy of the certificate of title for each of these properties.

(a) Tom and Lucy mention that they are rather confused by the titles of the five properties. They ask you to:
(i) identify the current owner/s of each home, and
(ii) explain each property in terms of tenure. In your explanation, describe how the tenure affects the rights and obligations of the owners.

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