Property Management
Current
The part-time Certificate in Property Management program delivers a comprehensive body of knowledge and skills for success in the property management profession. The certificate requires completion of six required courses plus a minimum 84 hours of elective courses.
The residential and commercial property management courses examine legal, operating, and management topics in regard to residential rental buildings, residential strata buildings, and commercial/investment properties including office, retail, and shopping centre developments. The balance of the program develops essential skills in communications, negotiation, dispute resolution, financial statement review, and building operations. The program curriculum is designed to give students a thorough understanding of the foundations of professional property management. You may register in any individual course.
Course Recognition
Success in any line of work rests upon a combination of education and experience. The real estate courses at Langara College provide a foundation of professional education that will complement your work experience, build your professional expertise, and advance your career.
Course equivalencies and options for pursuing a variety of professional designations and educational credentials are outlined below.
University of British Columbia
The following courses have equivalencies in the Real Estate Division of the Sauder School of Business at UBC:
| PROP 1001 Property Management - Residential | BUSI 441 |
| PROP 1002 Property Management - Commercial | BUSI 451 |
| PROP 1004 Real Estate Law | BUSI 111 |
| PROP 1005 Real Estate Appraisal | BUSI 330 |
| PROP 1020 Real Estate Investment Analysis | BUSI 331 |
| PROP 1022 Residential Construction | BUSI 400 |
| PROP 1023 Real Estate Finance | BUSI 221 |
| PROP 1024 Real Estate Mathematics | BUSI 121 |
Students may transfer all of the above courses toward the UBC Diploma in Urban Land Economics and the UBC Bachelor of Business in Real Estate. Students with a business degree may apply two courses (i.e. Real Estate Appraisal and Real Estate Investment Analysis) toward the UBC Post-Graduate Certificate in Real Property Valuation, an accelerated pathway to the AACI designation from the Appraisal Institute of Canada. This option may appeal to Langara College Bachelor of Business Administration (BBA) graduates.
For information on UBC programs in real estate, visit UBC Real Estate. Students who intend to transfer course credit from Langara to UBC should discuss their education plan with UBC.
BC Financial Services Authority (BCFSA)
BC Financial Services Authority (BCFSA) is responsible for the licensing process in BC for various professions. Students have the option of completing specific Langara College courses to become eligible to request a waiver from the applicable UBC licensing course. Students would be responsible for meeting all other BCFSA requirements (English Proficiency, licensing examination, applied practice course) with BCFSA directly.
Property Management Licensing
Students interested in completing courses for BCFSA property management licensing purposes should complete the following elective courses:
- PROP 1004 - Real Estate Law (39 hours)
- PROP 1005 - Real Estate Appraisal (39 hours)
- PROP 1020 - Real Estate Investment Analysis (39 hours)
Trading Services Licensing
Students can complete the following 4 courses to be exempt from the UBC Real Estate Trading Services Licensing Course:
- PROP 1004 Real Estate Law
- PROP 1005 Real Estate Appraisal
- PROP 1023 Real Estate Finance
- PROP 1024 Real Estate Mathematics
Rental Management Services Licensing
Students who complete the Property Management Certificate program and the following courses may be exempt from the UBC Rental Property Management Licensing Course:
- PROP 1001 Property Management - Residential
- PROP 1004 Real Estate Law
- PROP 1005 Real Estate Appraisal
- PROP 1020 Real Estate Investment Analysis
For full information on licensing course requirements visit the BC Financial Services Authority website at www.bcfsa.ca
Professional Association of Managing Agents
Courses within the Certificate in Property Management program are eligible for credit toward the Certified Professional Residential Property Manager (CPRPM) designation awarded by the Professional Association of Managing Agents (PAMA). Visit www.pama.ca for information on PAMA and the CPRPM designation.
British Columbia Real Estate Association (BCREA)
The following Langara courses are approved for accreditation in the Professional Development Program of the B.C. Real Estate Association:
- PROP 1001 Property Management - Residential
- PROP 1004 Real Estate Law
- PROP 1005 Real Estate Appraisal
- PROP 1020 Real Estate Investment Analysis
- PROP 1022 Residential Construction
- PROP 1023 Real Estate Finance
- PROP 1024 Real Estate Mathematics
Visit BCREA for more information.
Credential Eligibility
To qualify for the certification, students must complete 295 hours of course work. Successful completion of all the required courses with a minimum C+ grade in each course is required. All requirements must be completed within four years of starting the program. Students can complete the program as quick as 3 terms (1 year).
Courses may be taken individually as long as individual course prerequisites are met. Students completing the certificate do not need to apply to the program as registration is by course. There are no academic requirements for students to start the program.