Field Service Sector
Revision of Real Estate unit standards
Subfield |
Domain |
ID |
Real Estate |
Real Estate Practice and Law |
15500, 22311, 23134, 23135, 23136, 23137, 23140, 23141, 26148, 26149, 29882 |
Residential and Commercial Property Management |
27485, 27489, 27494, 27774, 27775, 29636, 29637, 29638, 29640, 29642, 29643, 29644, 29645 |
|
Rural, Residential, Commercial and Business Sales |
23157, 26150 |
The Skills Organisation has completed the revision of the unit standards listed above.
Date new versions published October 2021
Planned review date (unchanged) December 2025
Summary
The above unit standards were revised to extend the last dates of assessment for the most recently superseded versions. The last date of assessment of the unit standards were reviewed by the training providers to ensure that they are readily available for learners entering, or currently enrolled in, programmes. This change will ensure that there is not a negative impact on the wider Real Estate industry and assessment requirement; thus, mitigating any disadvantage to the individual learner.
Main changes
· Last date for assessment for the previous version of each unit standard was amended from 31 December 2021 to 31 December 2022.
Detailed list of unit standards – classification, title, level, and credits
Service Sector > Real Estate > Real Estate Practice and Law
ID |
Title |
Level |
Credit |
15500 |
Establish a personal professional presence in the real estate market |
4 |
2 |
22311 |
Explain aspects of the Unit Titles Act 2010 for real estate personnel |
4 |
2 |
23134 |
Demonstrate knowledge of law relating to land titles, ownership, and transfer of land |
5 |
4 |
23135 |
Demonstrate knowledge of the law of contract and the law of agency in a real estate context |
4 |
5 |
23136 |
Demonstrate knowledge of laws related to consumer protection in a real estate context |
4 |
4 |
23137 |
Demonstrate knowledge of the sale and purchase agreements and manage the sale of real estate |
5 |
5 |
23140 |
Demonstrate knowledge of and develop marketing plans for real estate, qualify customers, and present properties for sale |
4 |
5 |
23141 |
Demonstrate knowledge of legislation as applied to real estate licensees |
4 |
4 |
26148 |
Demonstrate and apply knowledge of inspection and appraisal for real estate property and qualify prospective clients |
5 |
4 |
26149 |
Explain licensing and the code of professional conduct under the Real Estate Agents Act 2008 |
4 |
4 |
29882 |
Demonstrate knowledge of the laws relating to resource management and building in a real estate context |
4 |
4 |
Service Sector > Real Estate > Residential and Commercial Property Management
ID |
Title |
Level |
Credit |
27485 |
Demonstrate and apply knowledge of residential property management, and market a property for rental |
4 |
6 |
27489 |
Demonstrate knowledge of property inspections and complete inspections reports for a residential property for rental |
4 |
4 |
27494 |
Demonstrate knowledge of a body corporate for a residential property |
3 |
1 |
27774 |
Assess maintenance and compliance and complete a rental appraisal report for a residential property |
4 |
3 |
27775 |
Demonstrate knowledge of the impact of, and response to, natural disasters in residential property management |
4 |
3 |
29636 |
Demonstrate knowledge of legislation for residential property management |
4 |
4 |
29637 |
Establish and maintain professional relationships in residential property management |
4 |
8 |
29638 |
Demonstrate and apply knowledge of agencies and amenity providers in residential property management |
4 |
2 |
29640 |
Demonstrate knowledge of the role of the Tenancy Tribunal and manage tenancy disputes |
4 |
10 |
29642 |
Manage ongoing maintenance of a tenanted residential property |
4 |
6 |
29643 |
Demonstrate knowledge of and complete a residential tenancy agreement |
4 |
8 |
29644 |
Demonstrate knowledge of the Residential Tenancies Act 1986 |
3 |
4 |
29645 |
Demonstrate and apply knowledge of the bond system for a residential property |
4 |
3 |
Service Sector > Real Estate > Rural, Residential, Commercial and Business Sales
ID |
Title |
Level |
Credit |
23157 |
Demonstrate knowledge of building styles and materials for real estate in New Zealand |
4 |
3 |
26150 |
Demonstrate knowledge of methods for sale of real estate in New Zealand |
4 |
4 |