Course Title: Take instructions in relation to a transaction

Part A: Course Overview

Program: C5180

Course Title: Take instructions in relation to a transaction

Portfolio: BUS

Nominal Hours: 120.0

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)

LAW5138C

City Campus

TAFE

650T TAFE Business

Face-to-Face

Term1 2008

Course Contact: Joanne Mackay

Course Contact Phone: +61 3 9925-5540

Course Contact Email: Joanne.Mackay@rmit.edu.au


Course Description

This unit describes the function associated with taking instructions from clients in regard to dealings with real or personal property.


Pre-requisite Courses and Assumed Knowledge and Capabilities

None



National Competency Codes and Titles

National Element Code & Title:

FNSCONV501A Take instructions in relation to a transaction

Elements:

Establish the client’s needs

Determine contingency strategies

Determine terms of engagement

Identify any conflict of interest between conveyancer and client

Identify parties, properties and other interests

Initiate the transaction


Learning Outcomes

On completion of the course students should be able to:

  •  recognise and analyse the principle concepts of property law and contract law as relevant underpinning knowledge in a conveyancing transaction.
  • Property law concepts include estates and interests, co ownership, fixtures and chattels, Transfer of Land Act, leases, mortgages, easements and covenants.
  • The law of contract examines all elements of the valid simple contract, misrepresentation and mistake, terms, capacity, discharge.


Overview of Assessment

Assessments may include: short in class exercises, class tests, question and answer activities, assignments and open book exams.
Students will be provided with formative feedback to establish their progress in the course and identify areas which need more work.