Course Title: Identify and conduct searches

Part B: Course Detail

Teaching Period: Term2 2013

Course Code: BUSM7855C

Course Title: Identify and conduct searches

School: 650T TAFE Business

Campus: City Campus

Program: C5324 - Diploma of Conveyancing

Course Contact : Joanne.Mackay

Course Contact Phone: +61 3 99255540

Course Contact Email:joanne.mackay@rmit.edu.au


Name and Contact Details of All Other Relevant Staff

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.

Pre-requisites and Co-requisites

None

Course Description

This unit describes the functions associated with conducting searches, analysing and evaluating all relevant conveyancing data for the transaction following confirmation of initial instructions from the client.

It encompasses identifying information needs, performing relevant document searches and investigations, evaluating issues arising with transactions, dealing with third parties and other professionals, and presenting information relevant to the transaction to the client.

This unit may apply to job roles subject to licensing, legislative, regulatory or certification requirements so Commonwealth, State or Territory requirements should be confirmed with the relevant body.
 


National Codes, Titles, Elements and Performance Criteria

National Element Code & Title:

FNSCNV601A Identify and conduct searches

Element:

1. Identify information needs

Performance Criteria:

1.1. Sources of information relevant to the transaction are identified
1.2. Documentation and titles are examined to confirm facts relating to transactions
1.3. Searches to be performed are defined and agreed with client prior to commencement
1.4. Required reports are identified and arranged with the appropriate bodies to meet agreed timelines
1.5. Applicable fees, taxes, other expenses and rebates are identified and clients are advised promptly and accurately
 

Element:

2. Perform relevant document searches and investigations

Performance Criteria:

2.1. Searches are performed and completed accurately and thoroughly using appropriate methods
2.2. Legal positions are established and recorded in accordance with the practice's policy and procedures
2.3. All relevant reports required from third parties are obtained from the appropriate bodies
 

Element:

3. Evaluate issues arising with transaction

Performance Criteria:

3.1. Legal issues and risks are identified, summarised and communicated to client clearly and promptly and in accordance with relevant legislation, regulations and the practice's policy and procedures
3.2. Client's rights within the transaction are defined and clarified for the client
3.3. Desired outcomes are established and strategies to achieve them are devised in consultation with client
3.4. Implications for professional indemnity insurance are assessed thoroughly and appropriate action is taken
 

Element:

4. Deal with third parties and other professionals

Performance Criteria:

4.1. Relevant third parties and other professionals are identified
4.2. Information to be obtained from or provided to third parties and other professionals is identified
4.3. Appropriate consultation with third parties and other professionals occurs and authorities are obtained
 

Element:

5. Present information relevant to the transaction to the client

Performance Criteria:

5.1. Documentation is presented clearly and promptly and in accordance with relevant legislation and regulations and the practice's policy and procedures
5.2. Information necessary for the transaction to proceed in a legally binding manner is recorded and documented in client files
5.3. Client is advised of the implications of all information received from or forwarded to relevant parties
 


Learning Outcomes



Details of Learning Activities

This course is delivered in conjunction with FNSCNV503A Analyse and interpret legal requirements for a transaction
Classes of 2 hours per week for 12 weeks as per the teaching schedule. The nominal hours associated with this are a guide only and represent the total teaching time and student effort required to successfully complete the course. This may include not only scheduled classes but also the amount of effort required to undertake, evaluate and complete all assessment requirements, including any non-classroom activities.
The week by week classes as per the teaching schedule below and assessments, including due dates, are subject to variation. Class teachers will to keep as close as practicable to that set out in this Part B Statement.

Course requirements: students consult timetable and are expected to attend all scheduled classes
Course support documents: see RMIT Blackboard
Student Induction: conducted prior to commencement of classes or during the first class and will cover the following: Blackboard, Overview of assessment requirements including Recognition of Prior Learning and Credit Transfers, Grading, Plagiarism, Appeals,Extensions,Feedback,Privacy, Submission requirements, Resubmission policy, Where to get support, Student responsibilities
 


Teaching Schedule

Week     Date                                           TOPICS – Joanne Mackay (JM)                                                                                                                                 5.30- 7.30 weeks 1-                                                                                 12                                                       Element                                                  Assessment                                                                    
1 08 JulyCourse overview, revision,
Estate Agents Industry
 
  
2 15Standard documents
Contract of Sale
Vendor’s statement
Sale of Land Act
 
  
3 22Vendor’s statement cases
Contract terms
 
 Off the plan assignment & Auction Assignment instructions disussion
4 29Vendor’s statement cases
Contract terms
 
  
5 05 AugustCooling off
Finance Clauses

 

  
6 12Caveats
Deposits
Insurance
 
  
7 19Searches and Enquiries
Intro to terms contracts
 
  
8 26Building contracts
Illegal Structures
Domestic Building Contracts Act
 
  
  Mid Semester Break 2/9 - 6/9  
9 09 SeptemberAdjustments  
10 16Breach, Misdescription,
Settlement arrangements
 
  
11 23Auction presentations Assignment due
12 30Revision  
13 07 OctoberMajor test
Busm 7855C & Law 5713C
 
 Major test
Busm 7855C & Law 5713C
 
14 14Weeks 13-16 5.30-8.30 PR
Sale of Business Contract
Commercial Leases
 
  
15 21Sale of Business Contract
Commercial Leases
 
  
16 28Sale of Business Contract
Commercial Leases
 
 Major test Law 5711C&5712C
TAKE HOME RELEASED
 
17 04 NovemberMajor test Law 5711C&5712C DUE 8 Nov, at the latest! Major test Law - 5711C & 5712C
DUE 8 NOV at the latest!
 


 


Learning Resources

Prescribed Texts


References


Other Resources

A good general reference is Conveyancing Victoria 2012/2013 by Simon Libbis, available soon at the RMIT bookshop now on level 5 RMIT building 8. All other resources are available free online, through the RMIT library system or provided to students through the subject online Blackboard system, the HUB, myRMIT.

Specifically there will be articles, cases, notes, lecture outlines, documents, and other support materials provided via the MyRMIT HUB Blackboard site for the program, and then the courses after transition. Other references, legislation and websites are cited in the lecture outlines, and also available via web resources link on the Blackboard. The Sale of Land Act will be referred to from week 2 and should be purchased/ downloaded as soon as possible. Students can print sections as needed or buy/print the whole Act (buy from Information Victoria or LIV bookshop). Other legislation will advised via the notes and classes during the semester


Overview of Assessment

Assessment may incorporate a variety of methods including technical requirements documentation, homework, assignments, group and/or individual projects, in class exercises, written and practical tests, problem solving exercises, presentations, direct observation of actual and simulated work practice, presentation of a portfolio of evidence which may comprise of documents, and/or photographs and/or video and audio files, review of products produced through work based or course activities.

Students are advised that they are likely to be asked to personally demonstrate their assessment work to their teacher to ensure that the relevant competency standards are being met. Students will be provided with feedback throughout the course to check their progress.
 


Assessment Tasks


Students must demonstrate an understanding of all elements of competency to be deemed competent.
A range of assessment methods are used to assess practical skills and knowledge, for example:
* tests and examinations in formal settings
* assignments, projects and case study analysis
* direct questioning combined with review of portfolios of evidence
* review of authenticated documents from the workplace or training environment
* demonstration of techniques
* Class presentation

Critical aspects of assessment
Evidence of the following is essential:
Evidence of the ability to:
• communicate effectively with a client and third parties to a transaction
• accurately request relevant search information from authorities and third parties
• apply practice’s policy and procedures and relevant legislation to information searches
• accurately identify and record search information
• assess transaction risk and recommend strategies determined from information
present clear, concise and accurate information in relation to a transaction

Assessment completion requirements

You are required to complete 3 tasks. To pass this course students must attempt assessments as required which are graded upon submission by the class assessor. Grading is weighted so that a mark of 50% is a passing grade.
Evidence that learning outcomes have been achieved will be gathered from:

1. MAJOR ASSIGNMENT, RELATED TO ALL COURSES

2. MAJOR TEST BUSM 7855C, Law 5713C
(in class open book) (Jo’s content)


Assessment descriptions
 

Assessment submission requirements

Assessment tasks need to be submitted via Blackboard unless otherwise advised.

You should:

* Ensure that you submit assessments on or before the due date. If your performance in the assessment is affected by unexpected circumstances, you should consider applying for Special Consideration. Information on the process and application forms is available at http://rmit.edu.au/browse;ID=ls0ydfokry9rz website.
* Always retain a copy of your assessment tasks. (hard copy and soft copy)
* When you submit work for assessment at RMIT University you need to use a cover sheet that includes a declaration and statement of authorship. You must complete, sign and submit a cover sheet with all work you submit for assessment, whether individual or group work. On the cover sheet you declare that the work you are presenting for assessment is your own work. An assignment cover sheet for submission of work for assessment is available on blackboard.
* Each page of your assessment should include footer with your name, student number, the title of the assessment, unit code and title and page numbers. For example, Julie Macpherson, 324567, Task 2, OHS2345C Ensure safe workplace, Page 1 of 10.


Marking Guide

Vocational Education and Training (VET) is based on current industry needs and the focus on preparing you for the workplace. Because VET courses are informed by practical application of knowledge and skills, they are based on a system known as ‘competency based training’ (CBT). So when you are assessed in VET it is about whether you are competent to do the job, as well as having a firm grasp on the knowledge and skills required to do that job, as opposed to traditional curriculum based education settings that are often based on knowledge retention.

You need to demonstrate you are competent in each element of the unit of competency you are studying.

You will receive feedback on each assessment task that will inform you whether you are competent or not and how well you are performing. Once competent in all elements of the unit you receive a competency grading.

Please refer to the Final Grades table below.

Marking Guide

After achieving competency we then grade your performance in the unit; this gives you the opportunity to have the level of your performance formally recognized against industry standards and employability skills.


The grading is according to the following criteria:

1. LEVEL OF INDEPENDENCE, INITIATIVE, ENTERPRISE AND PERFORMANCE OF WORK TASK

We are looking for a high level of ability to complete all tasks independently as per the specifications as well as demonstrating a high level of initiative in your approach to developing and maintaining an OHS system.

2. DEMONSTRATED BREADTH OF UNDERPINNING KNOWLEDGE AND A WILLINGNESS TO CONTINUE LEARNING

We are looking for depth of understanding of the key concepts and knowledge required in managing an OHS system. You should be able to demonstrate a thorough understanding of all applicable OHS legislative requirements in all the assessment tasks.

3. TECHNIQUES & PROCESSES, TECHNOLOGY SKILLS AND PROBLEM SOLVING

We are looking for appropriate use of technology to assist in presenting all tasks clearly and suitable for the intended audience. You also need to show an understanding of the kinds of problems that can arise in managing OHS systems and how these might be addressed.

4. WORK ORGANISATION, PLANNING AND SELF MANAGEMENT

We expect to see ongoing uploading of information into Pebble Pad that is relevant to the unit, full utilisation of Pebble Pad and Blackboard as per course requirements and timely submission of all required assessment tasks.


5. COMMUNICATION, PEOPLE NETWORKING, LANGUAGE AND INTERPERSONAL SKILLS AND TEAMWORK

We expect to see contributions to relevant discussions and scheduled Collaborate sessions. In addition your tasks should demonstrate a very good understanding of strategies for a collaborative approach to OHS management in the workplace.
Final Grades table:
CHD Competent with High Distinction;CDI Competent with Distinction; CC Competent with Credit; CAG Competency Achieved – Graded; NYC Not Yet Competent; DNS Did Not Submit for assessment

Further information regarding the application of the grading criteria will be provided by your teacher.


Assessment Matrix

Element                                           Assessment 1 Major AssignmentAssessment 2 Test
1. Identify information needs
 
   
2. Perform relevant document searches and investigations
 
   
3. Evaluate issues arising with transaction
 
   
4. Deal with third parties and other professionals
 
   
5. Present information relevant to the transaction to the client
 
   

Course Overview: Access Course Overview