Course Title: Analyse and interpret legal requirements for a transaction

Part A: Course Overview

Program: C5337 Diploma of Conveyancing

Course Title: Analyse and interpret legal requirements for a transaction

Portfolio: BUS Portfolio Office

Nominal Hours: 50

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.

Terms

Course Code

Campus

Career

School

Learning Mode

Teaching Period(s)

LAW5728C

City Campus

TAFE

650T Vocational Business Education

Face-to-Face or Internet

Term2 2016,
Term2 2017

Course Contact: Robert Sheen

Course Contact Phone: +61 3 9925 5759

Course Contact Email: robert.sheen@rmit.edu.au



Course Description

This unit describes the skills and knowledge required to analyse and interpret legal requirements for a conveyancing transaction within a range of contexts and environments. It encompasses identifying and applying statutory interpretation techniques, identifying and tracking changes to relevant legislation and codes of conduct, and maintaining appropriate records.

It applies to individuals who use specialised knowledge and skills to research and evaluate complex information and compliance requirements, and apply that information to relevant tasks.  Work functions in the occupational areas where this unit may be used are subject to regulatory requirements. Refer to the relevant regulator for specific guidance on requirements.

Pre-requisite Courses and Assumed Knowledge and Capabilities

None



National Competency Codes and Titles

National Element Code & Title:

BSBCNV503 Analyse and interpret legal requirements for a transaction

Elements:

1 Interpret legal principles and legislative requirements affecting conveyancing transactions

2 Interpret legislative requirements affecting conveyancing transactions

3 Track and interpret changes to legislation and regulations affecting agency operations

4 Comply with relevant codes of conduct

5 Maintain records of legislation and industry codes


Learning Outcomes


Overview of Assessment

In order to achieve competency in this unit, you must provide:

Performance Evidence
Evidence of the ability to:

  • interpret and comply with legislation and industry codes of conduct relating to conveyancing transactions and agency operations
  • conduct legal research and apply changes in law to current practice
  • communicate key information effectively to clients and other relevant professionals, and maintain accurate file records.

Knowledge Evidence
To complete the unit requirements safely and effectively, you must:

  • interpret and analyse legislation to identify legal principles, requirements and amendments affecting conveyancing transactions and agency operations
  • interpret and explain key features of industry codes of conduct
  • explain common problems associated with interpreting legislation
  • identify and reference relevant/recent case law
  • identify and explain key features of Commonwealth, and State or Territory legislation and local government regulations relating to:
    • contracts of sale of land
    • disclosure requirements
    • duties and taxes
    • government fees and registration requirements
    • insurance
    • relevant deposit legislation/requirements
    • estate agents’ legislative requirements
    • competition and consumer protection
    • privacy
    • corporations and other legal entities

 Assessment Conditions
Assessment must be conducted in a safe environment where evidence gathered demonstrates consistent performance of typical activities experienced in the Conveyancing field of work, and include access to:

  • a range of common office equipment, technology, software and consumables
  • suitable assessment records showing the preparation of a variety of legal documents to support a transaction.

You are advised that you are likely to be asked to personally demonstrate your assessment work to your teacher to ensure that the relevant competency standards are being met.

Feedback
Feedback will be provided throughout the semester in class and/or online discussions. You are encouraged to ask and answer questions during class time and online sessions so that you can obtain feedback on your understanding of the concepts and issues being discussed.

You should take note of all feedback received and use this information to improve your learning outcomes and final performance in the course. Finally, you can email or arrange an appointment with your teacher to gain more feedback on your progress.