[P314S1108] INLIS Investigation into Bare Land sites prior to Marketing the Site for Resale (IBMR)

CPD Category: Professional (2 CPD credits awarded)

Course Duration: 3.0 hours

Funding: No funding

Course Synopsis:

Course Description

In this course, participants will master the use of INLIS features, including OneMap, to search for and identify key attributes of bare land sites without addresses. They will learn to extract detailed information on title ownership and historical transactions and understand the connection between digitized title reports and legal title instruments. The course will also cover how to correlate information on the Property Ownership Index (POI) with transfer and title instruments for resale, highlighting differences from built-up properties.

 

This course is essential for registered real estate salespersons, providing them with the expertise to navigate complex land transactions. Understanding the intricacies of land title ownership and historical data ensures accurate and lawful marketing of bare land sites, thereby upholding industry standards and protecting client interests. As the real estate landscape evolves, this knowledge is critical for maintaining professional competency and delivering high-quality service.

 

Learning Outcome

  • Course participants will learn how to understand and use INLIS’ features like OneMap to search and establish keys features of bare land sites with no address.
  • Extract detailed information about a bare land site’s title ownership and historical transaction details via INLIS.
  • Understand how the Digitized Title reports purchased from INLIS related backwards to the actual legal Title Instruments (eg.Statutory Grants of an Estate in Perpetuity) which govern the authenticity and validity of the title ownership of that land.
  • Understand how the information items found on the POI correlate to the transfer and title instruments employed in the resale of the bare land site and the difference to a built-up property.

 

About the Trainer

Arthur is a qualified and experienced industrial realtor with over 19 years of experience. He has a B.Sc. (Estate Management) and M.Sc. (Real Estate) from NUS, and is professionally recognized by SISV as MSISV (Agency & Marketing). He has closed a wide range of landed industrial property deals with corporate entities such as AMD (Singapore) Pte Ltd, Mapletree REIT, and many others.

Arthur has lectured at the Singapore Polytechnic, IBMEC College, and ASREA. He is able to provide proper guidance and teach CEA registered Agents how to navigate through SLA’s INLIS, URA’s websites and the various Industrial Property markets so as to close landed industrial property deals professionally.

Here are some of the key points of his profile: –

  • Academically qualified with both a B.Sc. (Estate Management) and M.Sc. (Real Estate) from NUS.
  • Professionally recognized and designated by SISV as MSISV (Agency & Marketing).
  • Extensively experienced as a practicing Industrial Realtor of 19 years.
  • Closed a wide range of landed industrial property deals with corporate entities such as AMD (Singapore) Pte Ltd, Mapletree REIT, and many others.
  • Able to provide proper guidance and teach CEA registered Agents how to navigate through SLA’s INLIS, URA’s websites and the various Industrial Property markets so as to close landed industrial property deals professionally.