RES 420 Fundamentals of Real Estate

RES420 Assessment 2 Marking Guide

All answers are written in clear, simple English.

Learning Outcome Evidence Judgment Present

4. Explain land Task 1 a • Answer correctly identifies 
ownership titles and 5 titles owners of each home.
key property law 200 words • Each answer correctly
definitions as they identifies tenure for each
home.
apply to real estate
• Answers correctly explain the
practice. types of tenure.
Task 1 b • Answer correctly and clearly
Up to 200 words for each explains
interest • Each interest is clearly and
correctly explained at least
once.
Task 1 c • ‘Limited as to parcels’ is
100-150 words clearly and correctly
explained.
• Answer explains at least one
significant consequence for
the customers.
5. Discuss key points Task 2 a • Answer is formatted as a
of the law relating to handout.
ownership (including (i) 50-100 words • Handout is written for an
(ii) 100-150 words audience of potential
co-ownership) and
(iii) 25-50 words customers and clients with
transfer of land in
limited English.
New Zealand. • Handout clearly explains
Torrens land trans
Task 2 b i—x • Each term is clearly and
15-50 words for each term correctly defined in learner’s
own words.
Task 3 a i—iv • Each term is clearly and
50-100 words per answer correctly defined in learner’s
own words.
Task 3 b i—iii • Answer correctly identifies at
50-100 words per answer least three kinds of relevant
information on the certificate
of title.
• Answer correctly identifies
the relevant legislation.
• Advice is clear and
appropriate.