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PROJECT TOPIC:  DEVELOP A REAL ESTATE MANAGEMENT SYSTEM TO MAKE ESTATE INFORMATION ACCESSIBLE TO BOTH GOVERNMENT AND INDIVIDUALS
Department:  Computer Science
AMOUNT:  3000
FORMART:   MS WORD
PAGES:  92 pages, abstract, chapter 1-5 , APENDIX A source code and APENDIX B output, well reserached and supervised
  information system
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ABSTRACT

This research project focuses on the development of a web based Real Estate management System for Estate managers and owners. The topic was selected due to the problems of manual estate management. This new system has been designed to eliminate the delay, loss, and insecurity of the existing system. The methodology used in the analysis of the new system is Object Oriented Analysis and Design (OOAD). The new system was implemented using PHP server side scripting language and MySQL as the database management system for storing information obtained from the front end. The result is a web based application that can efficiently manage estate information and can be accessed at anywhere and on any device supporting internet applications.

 

 

 

 

 

 

 

 

 

 

CHAPTER ONE

INTRODUCTION

1.1 Background of Study

An estate can be defined as an area or amount, of land or property. Estate management is quite a broad term for a number of areas that include property management, surveying, business and finance and the built environment. Closer ties are beginning to emerge between estate and property management and business and financial practices, and essentially the subject is primarily concerned with the valuation and management of land and buildings in the public and private sector. With house prices rising at an astonishing rate ‘over the last few years and now the recession, the government has come under increasing pressure to be relieved from a ‘housing crisis’. This crisis has come about because of the rise in house prices which first-time buyers can no longer afford and a lack of affordable housing for the citizens. Also, the rise in investment buyers has meant that a lot of properties that those on average wages could have once been able to buy now have to rent instead. All of this has become an ‘area of tremendous interest. The government has predicted that more homes are needed, but where these houses are to be built has also courted controversy. Estate Managers typically set the service standard and are responsible for the hiring, training, and ongoing management of staff required to meet the service needs of the household. In addition to personnel management, the administrative functions are many. All related financial matters including accounting, budgets, and payroll normally pass through the estate manager’s hands. Based on the size of the property, the Estate Manager may wear many other hats. Depending on the nature t the property, an owner of property has the right to consume, sell, rent, mortgage, transfer, exchange or destroy their property, and/or to exclude others from doing these things. A title, or a right of ownership, establishes the relation between the property and other persons, assuring the owner the right to dispose of property as they see fit. Some philosophers assert that property rights arise from social convention. Others find origins for them in morality or natural law. So, estate management system is needed to take care of keeping records of the estate transactions in terms of allocation, transfer of property, revoke or sale of a property. Maintaining such record manually will be cumbersome hence the need an estate management system that will automate all estate transactions. This research work is sub divided into five chapters as follows: chapter one which contains the introduction of the work, Chapter two contains the literature of review existing systems, their successes and limitations shall also be discussed in this chapter. Chapter three contains the analyses and design of the proposed system including the methodologies adopted while carrying out the research. Chapter four is where the actual implementation using the appropriate programming is discussed, and finally chapter five contains the summary, conclusion and recommendation.

Land use, valuation, and the determination of the incomes of landowners, are among the oldest questions in economic theory (Shavell, 2004). Land is an input (factor of production) for agriculture, and agriculture is by far the most important economic activity in preindustrial societies. With the advent of industrialization, important new uses for land emerged, as sites for factories, warehouses, offices, and urban agglomerations. Also, the value of real property taking the form of man-made structures and machinery increases relative to the value of land alone. The concept of real property eventually comes to encompass effectively all forms of tangible fixed capital. With the rise of extractive industries, real property comes to encompass natural capital. With the rise of tourism and leisure, real property comes to include scenic and other amenity values. Starting in the 1960s, as part of the emerging field of law and economics, economists and legal scholars began to study the property rights enjoyed by tenants under the various estates, and the economic benefits and costs of the various estates, Epstein (2007). This resulted in a much improved understanding of the property rights enjoyed by tenants under the various estates. These include the right to:

•Decide how a piece of real property is used;

•Exclude others from enjoying the property;

•Transfer (alienate) some or all of these rights to others on mutually agreeable terms;

•Nature and consequences of transaction costs when changing and transferring estate.

1.2 Statement of Problem

Housing is a basic need for all. Over the years, increase in population and income has led to an equivalent increase in housing demand. Managing these demands manually will pose great challenges and difficulties; hence there is a need to automate the management process. Keeping record in an estate concerning lands buildings and their owners has been a great task to the government and the governed. Access to estate information proves difficulty that most times people are defrauded due to lack of property information. Illegal sales of lands and houses without the consent of the owner are very common. Valuation of estate for the purpose of paying tax to government is not achieved, hence the need for computerization of estate management system. 

1.3 Objectives of the Study

 


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