Real Estate Portfolio and Property Management for Forfeited Properties

Course overview

Asset recovery agencies increasingly hold portfolios of forfeited and restrained properties: apartments, houses, plots, commercial buildings and farms. Managed passively, they become empty, occupied illegally or run down. Managed actively, they produce rental income and retain value until sale or reuse. This forfeited property management course teaches staff to run property holdings professionally.

Participants learn portfolio-level property management: building an accurate property register, assessing condition and risk, and setting a strategy for each property to hold, let, reuse or sell. They study tenancy management, rent collection, service charges, maintenance planning, security and insurance, and the use of property managing agents. The course covers specific challenges such as removing unlawful occupants, dealing with original owners still in residence, land encroachment and unpaid rates. Financial management, including budgets, rental income accounting and reporting, completes the week.

Participants leave able to manage forfeited property portfolios in a way that protects value and generates steady income.

What you will be able to do

• Build and maintain an accurate property register
• Set a strategy for each property in the portfolio
• Manage tenancies, rent collection and service charges
• Plan maintenance, security and insurance
• Deal with unlawful occupation and encroachment lawfully
• Budget, account for and report property income

Who should attend

For asset managers, estates officers and finance staff responsible for restrained and forfeited real estate.

• Asset management office staff
• Estates and property officers
• Property managing agents
• Finance officers
• Legal officers
• County lands officers

Course outline

Fees are per participant in US dollars and cover tuition, course materials and your certificate. Travel and accommodation are not included.