PAMANTASAN NG LUNGSOD NG MAYNILA

(University of the City of Manila)

PLM BUSINESS SCHOOL

DEGREE PROGRAM BACHELOR OF SCIENCE IN REAL ESTATE MANAGEMENT

COURSE PRE-REQUISITE/
COURSE CODE COURSE TITLE UNITS CO-REQUISITE
PRE-REQUISITE TO
TYPE
Professional All Professional
REM 101 FUNDAMENTALS OF REAL ESTATE MANAGEMENT 3 None
Course Subjects

The course is an introductory course in Real Estate Management which gives a broad perspective of Real Estate Service profession, summing
up the entire BS REM degree, discussing the fundamentals of real estate and property ownership. It provides as well an overview of the basics
of property valuation, property documentation and brokerage, and property management, in both private and public, essential in the practice of
the profession.

It aims to instill moral and ethical standards in the real estate service profession in both private and public practice, and as well as compliance
to the Philippine Valuation Standards.
COURSE
DESCRIPTION
The course prepares the students for the study of succeeding course of the BS REM degree by inculcating the fundamental principles and
concepts that will serve as the backbone of the discussions on topics such as real estate finance and taxation, on how to appraise properties,
acts of agency and brokerage, and consultancy.

It orients the students on applicable laws and including the covering property laws and regulations, and other related legal aspects.

The student is also given a glimpse on the local and global practice, recent developments and current trends in the property market..

UNIVERSITY VISION
The Pamantasan ng Lungsod ng Maynila shall be the premier people’s university pursuing public interest an national development.
UNIVERSITY MISSION
The Pamantasan ng Lungsod ng Maynila shall form critical-minded and service-oriented leaders and innovators in various disciplines through accessible and relevant
quality education, transformative institutional research and extension services, and key linkages.
CORE VALUES
The Pamantasan ng Lungsod ng Maynila shall be guided by the values of academic excellence, integrity and social responsibility, and by the principles of Karunungan,
Kaunalaran and Kadakilaan.
GOALS AND KEY RESULT AREAS
 “RAISE PLM”
Provide Relevant Quality Tertiary Education
Generate Augmented Resources
Sustain Institutionalized Research and Extension
Deliver Service to the Public
Advance Employee, Faculty and Student Welfare
Promote Public Interest
Establish Linkages and Partnerships
Optimize Management of Resources

PROGRAM EDUCATIONAL OBJECTIVES

Graduates of Real Estate Management are expected to:
• Demonstrate proficiency in the concepts, principles, theories, philosophies in their field of specialization
• Perform functions that will in managing an organization
• Be successful in design, implementation and monitoring of policies in their field of specialization
• Seek empowerment and entry level jobs or positions of responsibility as real estate appraiser/valuer, broker, and property sales officer with real estate
consultancy and brokerage firms, property management and development companies, and the banking/finance industry
• Understand the work being done as assessment staff, property appraiser/valuer, and asset management staff in national government valuation and taxation
offices, agencies, government owned and controlled corporations (GOCCs) government financial Institutions (GFIs) and Assessors Offices of local government
units.
• Organize or manage entrepreneurial activities as private practitioners or owner of valuation and/or brokerage, or property consulting companies.
• Consider pursuing teaching career and/or graduate studies in the real estate service.

PROGRAM OUTCOMES
A graduate of the Bachelor of Science in Real Estate Management (BSREM) program must be able to:

1. Offer or render professional advice and judgment on: (i) the acquisition, enhancement, preservation, utilization or disposition of lands or improvements
thereon; and (ii) the conception, planning, management and development of real estate projects;
2. Perform or render, or offer to perform services in estimating and arriving at an opinion of or acts as an expert on real estate values, such services
of which shall be finally rendered by the preparation of the report in acceptable written form;
3. Perform local government appraisal and assessment of real properties, including plants, equipment, and machineries, essentially for taxation purposes
and other public service purposes;
4. Act as an agent of a party in a real estate transaction to offer, advertise, solicit, list, promote, mediate, negotiate or effect the meeting of the minds on
the sale, purchase, exchange, mortgage, lease or joint venture, or other similar transactions on real estate or any interest therein;
5. Perform service for, and in behalf of a real estate broker who is registered and licensed for or in expectation of a share in the commission, professional
fee, compensation or other valuable consideration;
6. Convey ideas clearly both oral and written in English or Filipino;
7. Prepare, analyze, and evaluate reports, proposals and concept papers;

2 | PLM BS / REM
 8. Demonstrate the values of fairness, transparency, accountability, hard work, honesty, patience, diligence, innovativeness and risk taking;
9. Apply the principles of the different forms of communication;
10. Develop the ability to access, retrieve and disseminate information using Information Technology;
11. Perform quality real estate service work;
12. Understand and apply the concepts and principles of good interpersonal relations;
13. Develop a wholesome personality aligned to his/her profession;
14. Participate actively in business associations and comply with their policies and regulations;
15. Demonstrate leadership qualities, civic-mindedness and responsible citizenship;
16. Conduct environmental scanning of the real estate industry and practices;
17. Conduct feasibility study and other business research/plan related to real estate;
18. Explain the concepts, approaches, and techniques of environmental conservation as applied to the real estate industry;
19. Know and understand the country’s national development thrusts, concerns, socio-economic and real estate indicators; and
20. Perform fair market value assessment in the municipal, city and provincial levels for real estate taxation and public services purposes.

3 | PLM BS / REM
 Learning Objectives
No. of Assessment/ Supplementary
Module Topics for Discussion Methodology
Hours The learners shall be Evaluation Resources
able to:
Orientation 3 Comply with the Orientation Through a
Week 1 necessary requirements synchronous None Syllabus
and expectations in the • Class Management/ online lecture
course. Rules in Virtual Class using the official
• Promptness of Learning
Submission of Management
Deliverables/ Outputs System (LMS) of
• Areas of Evaluation the University
• Grading System
• Schedule of Online
Interaction
Module 1 1. Discover the a. REM Profession Through a a. CAPILI, R. A.
Introduction to Real Estate 9 hours beginnings of real synchronous Quiz 1 (2014, July 20).
Management estate profession b. History of Real online lecture Sunstar.com.ph.
Weeks 2-4 and explore the Estate Service using the official Homework Retrieved from
local developments Learning The beginning
in the real estate c. Code of Ethics (DTI Management of real estate
industry. and PRBRES) System (LMS) of brokerage:
the University https://www.sun
2. Acquire familiarity d. RESA Law star.com.ph/artic
with the work Power point le/356338
performed by a real presentation
estate service b. Republic Act
professional and Interactive (R.A.) 9646.
distinguish the Discussion “RESA Law”
difference between
private and public Quizzes
practice.
Homework
3. Illustrate a well-
rounded
understanding and
appreciation of the
potentials in real
estate industry, as
well as the dangers
and pitfalls.

4 | PLM BS / REM
 Learning Objectives
No. of Assessment/ Supplementary
Module Topics for Discussion Methodology
Hours The learners shall be Evaluation Resources
able to:
4. Demonstrate basic
comprehension of
the social, legal, and
ethical issues in real
estate service
profession

Module 2 9 hours 5. Explain basic a. Real Property Through a Quiz 2 a. R.A. 386.
Land Tenure, ownership, and concepts and Ownership synchronous (1949). “The
Property Laws Weeks 5-7 principles in real online lecture Homework Civil Code of the
estate management b. Land Tenure using the official Philippines “
and show basic Learning
know how with c. Condominium Management b. R.A. 11231.
regards to property Concept System (LMS) of (2019).
laws the University “Agricultural
d. Land Management Free Patent
System and Power point Reform Act”.
Property Laws presentation
c. R.A. 4726.
e. Related Laws Interactive (1966). “The
Discussion Condominium
Act.”
Quizzes
d. R.A. 6657.
Homework (1988).
“Comprehensive
Agrarian Reform
Law of 1988”

e. R.A. 10023.
(2010).
RESIDENTIAL

5 | PLM BS / REM
 Learning Objectives
No. of Assessment/ Supplementary
Module Topics for Discussion Methodology
Hours The learners shall be Evaluation Resources
able to:
LIFREE
PATENTS

f. R.A. 6940.
(1990).

g. R.A. 7279.
(1992). “UDHA”

h. LRA. (2019).
HISTORY OF
LRA.
https://www.lra.g
ov.ph/history.ht
ml
Module 3 1. Explain the a. Property Through a Quiz 3
Property Appraisal 3 hours fundamentals of Valuation/Appraisal synchronous
property valuation online lecture Homework
Week 8 and outline the b. Property using the official
basic concepts of Identification Learning Online seatwork
the various methods Management (Lot Plotting)
of valuation c. Lot Plotting System (LMS) of
the University
2. Interpret basic Power point
understanding of the presentation
technical description
of a title, determine Interactive
property orientation, Discussion
and create a simple
lot plotting. Quizzes

Homework
2 hours
MID - TERM EXAMINATION
Week 9
Module 4 1. Correlate the a. Part I – Through a Quiz 4
Philippine Valuation 9 hours relationship of the “International synchronous
Standards International online lecture Homework

6 | PLM BS / REM
 Learning Objectives
No. of Assessment/ Supplementary
Module Topics for Discussion Methodology
Hours The learners shall be Evaluation Resources
able to:
Weeks Valuation Standards Valuation using the official
8-10 with the PVS. Standards” Learning
Management
2. Demonstrate b. Part II – “Philippine System (LMS) of
familiarity with the Context focusing on the University
valuation standards Valuation for
in Philippine setting Taxation and other Power point
and relate them with purposes” presentation
the existing local
laws. c. Part III – “Guidance Interactive
Notes” Discussion

Quizzes

Homework
Module 5 a. Real Estate Through a Quiz 5
Brokerage 9 hours 1. Relate basic Brokerage synchronous
background in online lecture Homework
Weeks property brokerage b. Documentation and using the official
10-12 with actual property Registration Learning
market Management
movements/develop c. Laws on Sale, System (LMS) of
ments and practice Mortgage and Lease the University
familiarity of these
concepts in their Power point
family’s property presentation
transactions
Interactive
2. Illustrate a well- Discussion
rounded
understanding and Quizzes
appreciation of the
potentials in real Homework
estate industry, as
well as the dangers
and pitfalls.

7 | PLM BS / REM
 Learning Objectives
No. of Assessment/ Supplementary
Module Topics for Discussion Methodology
Hours The learners shall be Evaluation Resources
able to:
Module 5 1. Explain the a. National Property Through a Quiz 6 a. R.A. 7160.
Property Taxation 6 hours importance of real Tax synchronous (1991).”Local
estate management online lecture Homework Government
Weeks to the economy with b. Real Property Tax using the official Code of 1991”
13-14 regards to Administration in Learning
development, LGU Management b. R.A. 8424.
growth and taxation. System (LMS) of National Internal
2. Demonstrate the University Revenue Code
overview knowledge of 1997.
in national property Power point
taxes and local presentation c. RA 10963. Tax
assessment Reform for
operations. Interactive Acceleration
Discussion and Inclusion.

Quizzes d. Department of
Finance. (2013).
Homework PROPERTY
TAX REFORMS
IN THE
PHILIPPINES.
Fourth IMF-
Japan High-
Level Tax
Conference.
Tokyo:
Department of
Finance.

e. DOF-BLGF .
(2015, October).
LGU Taxation
and Revenue
Practices.
Manila,
PHILIPPINES

8 | PLM BS / REM
 Learning Objectives
No. of Assessment/ Supplementary
Module Topics for Discussion Methodology
Hours The learners shall be Evaluation Resources
able to:
f. National Tax
Research
Center. (nd)
TAX CHANGES
YOU NEED TO
KNOW

Module 6 1. Recall real estate a. Property Through a Quiz 7 a. Terrestrial

Property Management and 9 hours management Management synchronous Ecosystems.
Sustainability concepts and online lecture Homework THE
Weeks principles in actual b. Planning, using the official ENVIRONMENT
15-17 property market Development and Learning Group research AL LITERACY
movements/develop Zoning Management report on the COUNCIL.
ments System (LMS) of local continuing https://enviroliter
c. Ecology the University valuation acy.org/ecosyst
2. Explain the reforms or the ems/habitats-
importance of d. Human and Physical Power point property market biomes-eco-
sustainability in real Geography presentation trends and regions/terrestri
estate status. al-ecosystems/
developments and Interactive
ascertain the effects Discussion
brought about to the
environment Quizzes

Homework
2 hours
FINAL EXAMINATION
Week 18

9 | PLM BS / REM
 COURSE ASSESSMENT The students will be graded according to the following:
• Midterm Examination 20%
• Final Examination 20%
• Quizzes 20%
• Assignments 15%
• Final Project - Research Report 15%
• Attendance/Online Participation 10%

Passing: 75% (0 based)

Transmutation:
98 - 100 1.00 83 – 85 2.25
95 – 97 1.25 80 – 82 2.50
92 – 94 1.50 77 – 79 2.75
89 – 91 1.75 75 – 76 3.00
86 – 88 2.00 Below 75 5.00
TEXTBOOK/ REFERENCES
1. FUNDAMENTALS OF HUMAN GEOGRAPHY. Hira Lal Yadav and Savita Sinha. National Council of
Educational Research and Training
2. GENERAL PRINCIPLES OF ECOLOGY. KAREN L. LANCOUR. GREEN GENERATION -2015 & 2016
3. HUMAN GEOGRAPHY, 2009, C. Gibson, , University of Wollongong, Elsevier Inc. NSW, Australia
4. PHYSICAL GEOGRAPHY: FUNDAMENTALS OF THE PHYSICAL ENVIRONMENT. V. Ettwein and M. Maslin.
2011. University of London
5. REAL ESTATE PRINCIPLES I, 13th Ed., Donald A. Corb, JD & Richard A. Giovangelo, 2014, Lee Institute,
Mass, US
6. PRINCIPLES OF REAL ESTATE PRACTICE, 5th Ed., Stephen Mettling and David Cusic, 2017, Performance
Programs Company, FL, US
7. THE COMPLETE REAL ESTATE ENCYCLOPEDIA,2007, Denise L. Evans & O. Wiliam Evans, JD, McGraw
Hill, US
8. PHILIPPINE VALUATION STANDARDS 2ND EDITION, 2018 (BLGF).
9. UNDERSTANDING THE BASICS OF LAND USE AND PLANNING: GUIDE TO LOCAL PLANNING. 2010. The
Institute for Local Government

Attested by: _______________________________

Librarian

CLASS POLICY 1. Don't share your password with anyone. Change your password if you think someone else might know it.
2. Always log out when you are finished using the system.
3. Students must contribute to the online discussions. ALL students should be logged in.
4. ALL assignments should be submitted by a specific due date. Late submission will not be accepted regardless
of the reason.
5. Derogatory and sarcastic comments and jokes that marginalize anyone are fundamentally unacceptable.

10 | PLM BS / REM
 6. Criticism must be constructive, well-meaning, and well-articulated.
7. All content and materials are copyrighted. Unauthorized use and sharing are strictly prohibited.
8. Always give proper credit when referencing or quoting another source. Avoid plagiarism.
9. Do not send confidential information via e-mail.
10. Sign your message with your name and return e-mail address
11. Make posts that are on topic and within the scope of the course material.
12. Avoid using the caps lock feature AS IT CAN BE INTERPRETTED AS YELLING.

COURSE CODE/ TITLE EFFECTIVITY DATE REVISION DATE PREPARED BY REVIEWED BY APPROVED BY NUMBER OF PAGES
(Faculty) (Dept Chair) (Acting Dean)
1st Semester
REM 101 August 02, 2020 Prof. Don Rommel D. Dais Dr. Antonio E. Casurao, Sr Dr. Angelita C. Serrano 11
2020 – 2021

11 | PLM BS / REM