You (the learner) manage lessee relationships.

Mr Smith has taken a building in Springvale on lease. The building is comprised of 05 floors, each floor containing ten offices. Mr Smith's company occupies only 03 floors while the top two floors are vacant which he intends to sublet to some other company. As a real estate agent, you have been given a job to respond to the request of subleasing by gaining lessor's approval for subletting and implementing the required process. At the end of the lease term, you have to coordinate negotiation for the renewal of the lease on behalf of the lessee. Facilitate the exercise of options with the lessee according to lease requirements.

Use the Lessee Template to record details of the process.

Learner Name

Real Estate Agency name

Date

Name of the landlord

Name of the Client

Nature of real estate business

(for example: Land settlement/ purchasing or selling land or property/ leasing land or property )

What other stakeholders will be involved

What legal/industry requirements are relevant to this real estate business

Were any of the following undertaken?(If so provide details)

What process did you use to clarify client and real estate requirements

How did you confirm the validity of client intentions and information??

What research did you undertake for marketing?

Signing agency documents

Communication with stakeholders

Using networks

Record keeping of all the documents

Analysis of marketing strategy

Usage of key register

Conflict resolution

Provide details of the communication technique you used to make a deal with the tenant/owner

Conclusion of the deal (Also provide the type of commission you get and amount of commission)

Based on your conclusions, what recommendations would you make to your organisation to ensure future compliance and ethical operation?

Recommendations: