SAQA All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.
SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED UNIT STANDARD: 

Identify and apply basic property principles in real estate practice 
SAQA US ID UNIT STANDARD TITLE
15086  Identify and apply basic property principles in real estate practice 
ORIGINATOR
SGB Real Estate 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
-  
FIELD SUBFIELD
Field 11 - Services Cleaning, Domestic, Hiring, Property and Rescue Services 
ABET BAND UNIT STANDARD TYPE PRE-2009 NQF LEVEL NQF LEVEL CREDITS
Undefined  Regular  Level 4  NQF Level 04 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Reregistered  2018-07-01  2023-06-30  SAQA 06120/18 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2024-06-30   2027-06-30  

In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise.  

This unit standard does not replace any other unit standard and is not replaced by any other unit standard. 

PURPOSE OF THE UNIT STANDARD 
This unit standard forms part of the qualification - National Certificate in Property Practice, registered at Level 4 on the National Qualifications Framework. Learners working towards this standard will be learning towards the full qualification, or will be working within a Property Environment, specialising in either Property Management or Estate Agency Sales or Rental, where the acquisition of competence against this standard will add value to their understanding of the sector and functioning in the workplace. This standard will also add value to learners who are starting or working in their own Property and/or Real Estate business.

The purpose of this standard is to provide learners the opportunity to develop an understanding of the elements of the real estate industry, in particular the key role players, their roles, the types of interactions between roleplayers, and the formal environment in which the industry functions.

The qualifying learner is capable of :
  • Identifying, sourcing and collecting information relating to the role players relevant to real estate practice.
  • Describing and implementing relationships in real estate practice.
  • Describing the context of real estate practice. 

  • LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    Learners accessing this qualification will have demonstrated competence in mathematical and computer skills to the equivalent of NQF 3. They must also be able to communicate in English to the equivalent of ABET Level 4. 

    UNIT STANDARD RANGE 
  • Roles include those internal to the real estate industry such as property managers, estate agents, valuers, property developers, investors, the Estate Agency Affairs Board, as well as those external to the real estate industry itself, but providing services relevant to real estate, such as town planners, environment specialists, land surveyors and quantity surveyors, architects, building contractors, engineering services, legal services, financial services, Surveyor-General, Deeds Office.
  • Relationships are based on the functions of selling, managing, business brokering, property development, investing, regulating, marketing, leasing.
  • Building standards, building construction elements, building regulations, height and building lines, services in a building, erf numbers.
  • Rights and responsibilities of ownership, rights and responsibilities of real estate practitioners, services provided and taxes levied by government.
  • Finance and security, financial institutions, housing subsidies, finance for housing. 

  • Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Identify, source and collect information relating to the role players relevant real estate practice. 
    OUTCOME NOTES 
    Identify, source and collect information relating to the role players relevant to real estate practice. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    1. The roles relevant to real estate practice are identified, analysed and described. 

    ASSESSMENT CRITERION 2 
    2. The functions performed by the role players are identified, analysed and described. 

    ASSESSMENT CRITERION 3 
    3. The nature and purpose of the roles with respect to property are examined and described. 

    ASSESSMENT CRITERION 4 
    4. The status of the role players is identified and described. 

    SPECIFIC OUTCOME 2 
    Describe and implement relationships in real estate practice. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    1. The nature of, and issues related to the concept of ownership of land, property and real estate are analysed and discussed. 

    ASSESSMENT CRITERION 2 
    2. The relationships between the different role players are mapped, analysed and described. 

    ASSESSMENT CRITERION 3 
    3. The nature and purpose, with respect to property, of the relationships between the roleplayers are examined and described. 

    SPECIFIC OUTCOME 3 
    Describe the context of real estate practice. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    1. The regulatory environment in which real estate practice is contextualised is identified and explained. 

    ASSESSMENT CRITERION 2 
    2. The financial environment in which real estate practice is contextualised is identified and described. 

    ASSESSMENT CRITERION 3 
    3. Rights and responsibilities of role players in real estate practice are described and identified. 

    ASSESSMENT CRITERION 4 
    4. Technical aspects of the real estate environment are identified, sourced and described. 

    ASSESSMENT CRITERION 5 
    5. The responsibilities of role players with respect to the environment are identified and justified. 


    UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
    Providers will be accredited against this unit standard and assessors registered by the relevant Education Quality Assurance Body (ETQA). 

    UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
  • A general understanding of the principles applicable to property and property transactions.
  • A basic understanding of building practice concepts.
  • A general understanding of the roles played by the South African Property Owners Association. 

  • UNIT STANDARD DEVELOPMENTAL OUTCOME 
    N/A 

    UNIT STANDARD LINKAGES 
    N/A 


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO IDENTIFYING 
    Identify and solve problems pertaining to property principles, building practices and their implementation. 

    UNIT STANDARD CCFO WORKING 
    Work effectively with others when sourcing and implementing property principles and building practices. 

    UNIT STANDARD CCFO COLLECTING 
    Collect, analyse, organise and critically evaluate information relating to roles, relationships and context of real estate practice, so that analysis and evaluation lead to accurate identification of issues, points of tension and opportunities. 

    UNIT STANDARD CCFO COMMUNICATING 
    Communicate effectively when analysing and discussing roles, relationships and responsibilities 

    UNIT STANDARD CCFO DEMONSTRATING 
    Understand the world as a set of related systems where the application of principles and practices within the property market has implications in the property environment. 

    UNIT STANDARD ASSESSOR CRITERIA 
    N/A 

    REREGISTRATION HISTORY 
    As per the SAQA Board decision/s at that time, this unit standard was Reregistered in 2012; 2015. 

    UNIT STANDARD NOTES 
    N/A 

    QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
      ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
    Core  24454   Further Education and Training Certificate: Real Estate  Level 4  NQF Level 04  Passed the End Date -
    Status was "Reregistered" 
    2007-11-28  Was SERVICES until Last Date for Achievement 
    Elective  20185   Further Education and Training Certificate: Banking  Level 4  NQF Level 04  Reregistered  2023-06-30  BANKSETA 


    PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS UNIT STANDARD: 
    This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here.
     
    1. Absa Learning & Development 
    2. Bidvest Bank 
    3. Chartall Business College 
    4. Cornerstone Performance Solutions (Pty) Ltd 
    5. Felix Risk Training Consultants 
    6. Firstrand Bank - Benmore 
    7. Nedbank Ltd 
    8. The Facilitation Workshop 



    All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.