MMP111 Study Guide - Final Guide: Land Banking, Net Present Value, Deed Of Grant In Trust
15 Aug 2018
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Document Summary
Information systems (gis): law ownership & use of land. The size, age and key characteristics of any population will largely pre-determine the direction, activity and future prospects of that population, region, or country. (optimum population size, density, how to embrace heterogeneous communities ) Complexity and integration: the study of property combines knowledge from many diverse fields, including natural science (geography), law, town planning, engineering, building design and construction, finance and economics, business, management, demography and social sciences, ethics, and physiology and psychology. Contemporary approach: view situation from a long-term perspective, take a structured and analytical approach, critique information (currency, quality, depth, interpreting numbers (consider reliability, limitations, seasonality as no stats can explain everything and are not definitive) Provides the foundation for the social and economic activities of people. A tangible physical commodity and a source of wealth. Used for commerce, industry, residence, agriculture, natural reserve, recreation. An identified parcel or tract of land, including improvements if any.
