1. Differentiate the nature and role of the specialist and statutory property valuer. 2. Distinguish and apply the various principles of property valuation, as practised by various professionals in the industry. 3. Appreciate the challenges faced by individuals acting as professionals in a property valuation role, including in the role of an expert witness. 4. Identify how various government statutes and policies impact on the value of various property interests. 5. Examine various legal cases and their impact on property valuation principles.