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Property management typically involves the managing of property that is owned by another party or entity. Thus, property management is the oversight of a property by a property manager. The property manager acts on behalf of the owner to preserve the value of the property while generating income.

As it relates to real estate, development is a form of investment, which involves the application of capital and other resources to create a new product. It is an investment that entails foregoing present consumption in anticipation of future/long term benefit. This is an activity in which capital is sunk…

In law, the term ‘property, is sometimes used in a very wide sense. In Griffith vs. Charlotte, the term ‘property’ was defined as the interest, which can be acquired in external objects or things. The things themselves are not in true sense property, but they constitute its foundation and material…

A tenant is one who meets certain criteria vis-à-vis” payment: (i) identified as a (tenant) in the lease/tenancy agreement (name, addresses included in this document, (ii) in exclusive possession; (iv) in occupation; (v) whose relationship with the landlord is intentionally created. These 5 features will prove whether one is a…

The objective of a proof of evidence is to provide for the advocate, whether solicitor or inspector, in advance of leaving a statement of what the witness intends to say. It should contain the whole substance of the intended evidence in a logical sequence.

Professionalism is the expertise that a professional has in a certain field. Professionalism is based upon the attainment of a discrete body of knowledge acquired through a prolonged and specialised training which conveys an...

Professional responsibility behoves on the professional to act in a professional manner, obey the law, avoid conflicts of interest and put the interests of clients ahead of their own interests. The concept of professional liabilities and responsibilities as applicable under professional practices are to:

Negligence (Lat. negligentia, from neglegere, to neglect; it is a failure to exercise the care that a reasonably prudent person would exercise in like circumstances. The idea of negligence is that people should exercise special care when they act by taking account of potential harm they will cause to another…

Businessdictionary.com defines misconduct as behaviour outside the bounds of what is considered acceptable or worthy of its membership by the governing body of a profession. In this regard, professional misconduct could be seen as contravening a standard of practice of the profession or failing to meet the standard of practice…

Simply put, malpractice refers to negligence or misconduct by a professional person. In law, malpractice is a type of negligence in which the professional, who is under a duty to act, fails to follow the generally accepted professional standards or ethics.