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What will I learn on this module?
The module introduces you to the concepts and practices of commercial and residential property asset management, including landlord and tenant relationships, leases, and an initial consideration of the legal and practical issues.
At the end of the module you will be able to identify the main legislation and important legal documents applicable to the surveyor’s role. You will be able to apply theory to practice and will have improved your work related skills in various fields.
An indicative outline syllabus is as follows:
• Leases and legal documents
• Rents, codes and lettings
• Service charges (commercial and residential)
• Rent Reviews
• Exit strategies
• Alienation
• Landlord and Tenant legislation
• Tenant Default
• Mixed use
• Residential property law
• The private rented sector
• Social housing
How will I learn on this module?
You will learn through lectures, seminars and independent learning. The lectures will give you the opportunity to learn about current issues in property asset management and business which allows you to build a cognitive framework; allowing you to begin to assimilate further knowledge and theory and enhancing your learning experience.
Seminar sessions will then allow you to develop your knowledge from the lectures. Seminar activities will involve you developing problem solving techniques through the use of case studies and real life scenarios
Outside of formal teaching sessions you will be encouraged to carry out further investigation into the current practices and problems using appropriate forms of data and sources. This is to encourage independent learning and to help prepare you for your final year studies and/or placement year.
If you are in employment your workplace will be the main learning environment, in effect acting as a framework for property asset management. However, tutor support will be available via drop-in sessions throughout the module study period. If you are in employment it is recognised that there is the need for modes of blended learning delivery, experiential assessment, and opportunities to combine work and study through independent study, embedded learning opportunities, and relevant communications technologies. Lecture capture will be used to elaborate on the content contained in any teaching material along with audio recording and notes to support presentations on key topics.
How will I be supported academically on this module?
Your main support is via summative assessment which will support the completion of the report assignment.
In addition to the assessment, the seminars throughout the academic year are structured to allow you to investigate the variety of topics introduced during the lectures. During these activities you will be given the opportunity to develop your knowledge and practice the skills required for the formal assessments. By attempting the seminar activities on a weekly basis you are able use the feedback to improve your performance in the formal assessment.
Feedback as detailed above will be both formal and informal. Informal feedback will be provided within the seminar activities allowing you to use it to improve your work. Formal feedback will be given within the university timings and will give you more guidance on how to improve your work and your transferable skills.
Finally, tutors will respond to any questions posed via the module’s discussion board at the University’s eLearning Portal so that the whole group can benefit.
If you are in employment your workplace will be the main learning environment, however, tutor support will be available via drop-in sessions throughout the module study period. The eLP, telephone and email will be used as a means of communication once the initial briefings have taken place and work-based visits will be made by tutors if appropriate.
What will I be expected to read on this module?
All modules at Northumbria include a range of reading materials that students are expected to engage with. Online reading lists (provided after enrolment) give you access to your reading material for your modules. The Library works in partnership with your module tutors to ensure you have access to the material that you need.
What will I be expected to achieve?
Knowledge & Understanding:
• ML01: Assess the obligations and responsibilities of the asset manager both in the commercial and residential property sectors.
• ML02: Understand and apply the main legislation applicable to the property asset manager’s role.
• ML03: Identify the important parts of leases and other legal documents and be able to apply this knowledge to practical situations.
Intellectual / Professional skills & abilities:
• ML04: Apply theoretical knowledge to practical situations relating to property asset management issues.
Personal Values Attributes (Global / Cultural awareness, Ethics, Curiosity) (PVA):
• ML05: Demonstrate the capacity for independent, evidence based thinking and decision making.
How will I be assessed?
Summative assessment: the assessment will be a report (100%)
The assessment is a report on a mixed use scheme of commercial and residential orientated tasks advising a client of asset management issues and this will be 100% of the module assessment. The tasks will assess ML01-05.
Formative assessment: the seminars are structured to allow you to investigate the variety of topics introduced during the lectures. During these activities you will be given the opportunity to develop your knowledge and practice the skills required for the formal assessments. By attempting the seminar activities on a weekly basis you are able use the feedback to improve your performance in the formal assessment.
Feedback as detailed above will be both formal and informal. Informal feedback will be provided within the seminar activities allowing you to use it to improve your work. Formal feedback will be given within the university timings and will give you more guidance on how to improve your work and your transferable skills.
Pre-requisite(s)
None
Co-requisite(s)
None
Module abstract
‘Property Asset Management’ introduces you to the concepts and practices of commercial and residential property asset management, including landlord and tenant relationships, leases, and an initial consideration of the legal and practical issues.
At the end of the module you will be able to identify the main legislation and important legal documents applicable to the surveyor’s role. You will be able to apply theory to practice and you will have improved your work related skills in various fields.
Lectures and seminars incorporate practical exercises and directed learning in order to help you to understand the principles of property asset management and how this is carried out in practice.
The assessment will be by way of a single assignment based on a mixed use scheme with a variety of asset management issues. The assignment is designed to promote your analytical, problem solving and professional skills.
If you are in employment your workplace will act as a framework for property asset management to develop your analytical, problem solving and professional skills.
Course info
UCAS Code K440
Credits 20
Level of Study Undergraduate
Mode of Study 3 years Full Time or 4 years with a placement (sandwich)/study abroad
Department Architecture and Built Environment
Location City Campus, Northumbria University
City Newcastle
Start September 2025
All information is accurate at the time of sharing.
Full time Courses are primarily delivered via on-campus face to face learning but could include elements of online learning. Most courses run as planned and as promoted on our website and via our marketing materials, but if there are any substantial changes (as determined by the Competition and Markets Authority) to a course or there is the potential that course may be withdrawn, we will notify all affected applicants as soon as possible with advice and guidance regarding their options. It is also important to be aware that optional modules listed on course pages may be subject to change depending on uptake numbers each year.
Contact time is subject to increase or decrease in line with possible restrictions imposed by the government or the University in the interest of maintaining the health and safety and wellbeing of students, staff, and visitors if this is deemed necessary in future.
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