DESIGN AND IMPLEMENTATION OF USERS APPLICATION SOFTWARE FOR ESTATE MANAGEMENT PRACTICE
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DESIGN AND IMPLEMENTATION OF USERS APPLICATION SOFTWARE FOR ESTATE MANAGEMENT PRACTICE
ABSTRACT
This study was conducted to assess the role of designing and implementing user application software for estate management or real estate practice. It is obvious that society cannot exist without land, which serves as the foundation for estate practice, and land is the most important of the four factors of production because all other factors are dependent on land.
The first chapter of this study will look at the introduction of estate management or real estate practice, while the second chapter, which is a literature review, will deal with the concept of estate management, types of real estate, Nigeria’s real estate sector, government control mortgages in estate management, and the problem of Nigerian estate management development.
The third chapter will focus on the current system’s design and analysis, the mode of data gathering, and the existing system’s problems. The fourth chapter of this study will focus on system implementation and maintenance, as well as a program flowchart, and the fifth chapter will include a summary, conclusion, and recommendations.
Chapter one
INTRODUCTION
1.2 Background of The Study
Real estate has continued to play an important part in human evolution. It is no coincidence that food, housing, and clothing, which are said to be the three basics that maintain humanity, all have some connection to land. Food grows from the ground, shelter is built on it, and man’s clothing is mostly created from what grows on the soil.
Indeed, whether in ancient times or today’s modern system, land is a vital indicator of man’s wealth, and as economic activities have become more sophisticated throughout time, land has continued to play an important role in their evolution.
There is almost no business initiative that does not require some type of real estate or estate management, from the little business that needs real estate as offices to organise its operations to the large venture that needs it for its factory.
Economics and management studies have long shown that production is dependent on four components, one of which is land, the other three being labour, capital, and entrepreneur.
It stands to reason that, in order to fulfil his professional responsibilities, every commercial/business lawyer should have a thorough understanding of estate management practice or real estate law. The client requires advice on this in some way, particularly with land.
Elementary economics teaches us that if there is a lot of demand, prices will rise. The fact that land is not finite, despite being a natural asset, has complicated the graph even further. It accounts for only 20% of the earth’s surface.
As a result, major economies, through some extremely powerful and well-thought-out land laws, thoroughly address the issues they face in the real estate industry. This is not our position in Nigeria, and as a result, there are numerous issues in our real estate market. Only recently did the Minister of the Federal Capital Territory announce the revocation of certificates of occupancy in the federal capital territory.
Whether for good or bad, it is not intended to pass judgement on this ministerial statement. Rather, the goal is to call attention to and emphasise some of the issues that arise in our estate management business.
The terms “real estate”, “estate management”, and “land” shall be used interchangeably throughout this article. After all, while not exactly similar, the term “real estate” implies a relationship to land.
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