Recognition of the significance of different land titles, tenures and interests in land; understand the construction and content of contracts, leases and other forms of agreement required for property dealings and use; develop a familiarity with public and private controls and restrictions on land use and development; appreciate the relationship between planning policies at all levels and the valuation process; a knowledge of the valuation review and determination processes of the Land and Environment Court and similar tribunals; acquire a familiarity with major court cases, relevant to the valuer, which establish valuation principles; understand the major objectives of principal New South Wales Acts dealing with real estate or interests therein. Judicial valuation, legal precedent, land titles and rights.