COURSE
DESCRIPTION
There is much responsibility related to developing
and building commercial real estate investment properties.
This course will explore all aspects of building plans,
physical building materials, and the team needed to
carry out the project from beginning to end. Other
factors such as building codes, zoning and permit issues
are discussed along with ways to overcome obstacles
and follow regulations to prevent unforeseen roadblocks
before they threaten to halt a development. Unexpected
problems can be both expensive and frustrating to everyone
involved with the project.
Specific features such as building plans that accommodate
the handicapped and environmental standards are discussed
in detail. Managing the property after its completion,
managing tax issues, and keeping the property viable
are also explored in detail.
Listing, leasing and selling the completed developments
is crucial for the commercial real estate licensee
to understand. This course contains a step-by-step
process for listing and selling commercial property
and specialized ways to finance and maximize the
investment returns.
This course is not meant to provide legal or professional
advice. Attempts have been made to give the most
current and accurate information available at the
time the course was written. Some terms may be slightly
different in various markets, but the meanings are
still the same. There is a glossary to assist the
licensee in defining unfamiliar terms.
The licensee that completes this course will have
a basic knowledge about development and construction
of commercial real estate properties. He or she can
also use this educational module as a reference while
conducting future business in commercial real estate
transactions.
.