This is a competence that many of you will have selected if you are operating in the valuation and management section of the profession.It is an area that dominates many of the estate management courses offered in the UK, so you should all be experts.However, many candidates struggle to apply their academic knowledge in the real world, often because they understand the detail of the legal provisions but fail to grasp not only the underlying reasons for the legal provisions but the ensuing case law. It is interesting to note that within the commercial property sector we are principally governed by an act of parliament passed in 1954, whereas in housing there is an act almost every other year.
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