Course Title: Establish and manage agency trust accounts

Part A: Course Overview

Program: C4265 Certificate IV in Property Services (Operations)

Course Title: Establish and manage agency trust accounts

Portfolio: SEH Portfolio Office

Nominal Hours: 60

Regardless of the mode of delivery, represent a guide to the relative teaching time and student effort required to successfully achieve a particular competency/module. This may include not only scheduled classes or workplace visits but also the amount of effort required to undertake, evaluate and complete all assessment requirements, including any non-classroom activities.

Course Code

Campus

Career

School

Learning Mode

Teaching Period(s)


Course Contact: Program Manager

Course Contact Phone: +61 3 9925 4468

Course Contact Email: engineering-tafe@rmit.edu.au



Course Description

This unit of competency specifies the outcomes required to establish and manage trust accounts in an agency context. It includes reviewing agency accounts for compliance with trust account requirements, establishing and managing trust accounts, maintaining records of trust transactions, and monitoring and reviewing trust accounts.
The unit may form part of the licensing requirements for persons engaged in real estate activities in those States and Territories where these are regulated activities.

Pre-requisite Courses and Assumed Knowledge and Capabilities

Nil.



National Competency Codes and Titles

National Element Code & Title:

CPPDSM4006A Establish and manage agency trust accounts

Elements:

1. Review agency trust accounts for compliance with trust account requirements.

2. Establish and maintain trust accounts.

3. Manage and control trust accounts.

4. Monitor and review trust accounts.

5. Authorise and verify trust accounts.


Learning Outcomes


Overview of Assessment

Assessment will incorporate a variety of methods including written,oral, practical tasks and activities.
You will be asked to personally demonstrate to your teacher/assessor the practical skills gained during this course to the relevant industry standards. Assessment activities will occur throughout this course and feedback will be provided at regular intervals.