Course Title: Prepare and/or analyse and execute documents

Part B: Course Detail

Teaching Period: Term1 2010

Course Code: LAW5169C

Course Title: Prepare and/or analyse and execute documents

School: 650T TAFE Business

Campus: City Campus

Program: C5180 - Diploma of Financial Services (Conveyancing)

Course Contact : Paul Ryan

Course Contact Phone: +61 3 9925 5466

Course Contact Email:paul.ryan@rmit.edu.au

Name and Contact Details of All Other Relevant Staff

Paul Ryan

Building 108, 239 bourke Street, Melbourne, 3000 - Level 13 - Room 08

Telephone 9925 5466

email:paul.ryan@rmit.edu.au

Nominal Hours: 100

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 function associated with the analysis and / or preparation and execution of conveyancing documentation. This module covers duties of care owed by the conveyancer, appropriate contracts for the sale of different land interests, investigating the vendor’s title, Land Registry Office, State Revenue Office and council procedures, dealing with specific parties to contracts for the sale of land, subdivisions and owners corporation problems and sale of small businesses.
 

If you are undertaking this course in Melbourne from semester 2, 2012 onwards your teacher will advise you if you require access to a computer for the course. It is recommended that you have access to a mobile computing device to allow greater flexibility in terms of where you can work on campus outside class times.

National Codes, Titles, Elements and Performance Criteria

National Element Code & Title:	FNSCONV502B Prepare and/or analyse and execute documents
Element:	1. Prepare and/or analyse documentation
Performance Criteria:	1.1 Purpose, scope and parameters of documentation are clearly identified and defined 1.2 Documentation prepared by other professionals and third parties is analysed for compliance with legislative, regulatory, professional and practice requirements 1.3 Documentation accurately reflects client needs, expectations and instructions and complies with relevant requirements 1.4 All relevant parties, property, terms and conditions agreed to by the parties are accurately and thoroughly described and recorded 1.5 Documentation is completed within agreed timelines and is reviewed for consistency with original purpose and to ensure it achieves the intended outcomes 1.6 Where relevant, documentation is certified, signed and witnessed in accordance with legislative and regulatory requirements
Element:	2. Present documentation for execution
Performance Criteria:	2.1 Clear, comprehensive and accurate advice of client rights, obligations and responsibilities ensuing from the legal relationship are provided to the client 2.2 Instructions, information or advice provided to client complies with regulatory, legislative, professional and the practices policies and procedures 2.3 All relevant processes for proper execution of documentation are completed and checked within required timelines and the documentation is presented for execution 2.4 Execution by third parties is arranged and checked to ensure compliance with regulatory and legislative constraints and to ensure timely settlement

Learning Outcomes

Details of Learning Activities

Students will study Land Contracts skills and theory in class sessions and through prescribed exercises and assessment work. These concepts will also be explored
through the investigation of appropriate real world and simulated environments. Students will be provided with more than one opportunity to demonstrate competence

Teaching Schedule

Semester 1, 2010

Tuesday classes                                Topics                                                                                                                                                           Assessment
Week 1 - 9 February       Revision & negligence topic
Week 2 - 16 February    Development of multiple ownership: company share, stratum titles, strata & cluster titles
Week 3 - 23 February    Subdivision process
Week 4 - 2 March           Selling lots on a plan of subdivision
Week 5 - 9 March           Owners’ Corporations part 1
Week 6 - 16 March        Owners’ Corporations part 2
Week 7 – 23 March       General and special conditions
Week 8 - 30 March        Docklands Excursion                                                                                                                                                    Reflections due (20 marks)
Thur 1 April to Wed 7 April mid semester break- student vacation for E aster
Week 9 - 13 April          Investigation of title & exceptional parties to contracts
Week 10 - 20                April Stamp duties and Land Tax Off the plan                                                                                                             Off the planassignment due (40 marks)
Week 11 - 27 April       Conveyancing & GST
Week 12 - 4 May          Sale of Business part 1
Week 13 - 11 May        Sale of Business part 2
Week 14 - 18 May        Retirement Villages
Week 15 - 25 May        Revision or perhaps final test
Week 16 – 1 June        Final test open book                                                                                                                                                        Final test open book (40 marks)
Week 17 - 8 June         Deferred Assessment
Week 18 - 15 June      Review

Learning Resources

Prescribed Texts

There is no prescribed text.

References

Voumard _ The Sale of Land LawBook Co. 5th edition by Wikrama CCH – Victorian Conveyancing Law and Practice – online In RMIT Business Library Simon Libbis_ Subdivisions with the Lot – Law Crest (loose leaf) on reserve in library Land Titles Office _ The Lodging Book – Law Pres 4th  edition Libbis + Cocks_ConveyanceWorks – Law Crest

Other Resources

Duties Act 2000
Estate Agents Act 1980
Owners Corporation Act, 2006 (OCA)

Owners Corporation Regulations, 2007 (OCR)
Property Law Act 1958
Sale of Land Act 1962
Subdivision Act 1988 
 

Overview of Assessment

Assessment that learning outcomes have been achieved will be by:

1. Reflections (week 8)                                         20 marks
2. Assignment (week 10)                                     40 marks
3. Final test (open book – week 15 or 16)        40 marks

Assessment 1 - Reflections each week students will be asked to write approximately
10 lines to reflect on issues raised in class. Reflection 5 will relate to the new Owners
Corporation Regulations and it will be worth 10 marks of the 20 marks for the reflections.

Assessment 2 is a very difficult written assignment where you prepare a detailed letter of
advice relating to an off-the–plan purchase. It is due in week 10 & worth 40 marks.

Assessment 3 is the final open book test worth 40 marks scheduled for week 15 or 16.
To pass this course students must satisfactorily complete all assessments and have a total
mark of not less than 50%.
 

Assessment Tasks

Assessment that learning outcomes have been achieved will be by:

1. Reflections (week 8) 20 marks
2. Assignment (week 10) 40 marks
3. Final test (open book – week 15 or 16) 40 marks
Assessment 1 - Reflections each week students will be asked to write approximately
10 lines to reflect on issues raised in class. Reflection 5 will relate to the new Owners
Corporation Regulations and it will be worth 10 marks of the 20 marks for the reflections.

Assessment 2 is a very difficult written assignment where you prepare a detailed letter of
advice relating to an off-the–plan purchase. It is due in week 10 & worth 40 marks.

Assessment 3 is the final open book test worth 40 marks scheduled for week 15 or 16.
To pass this course students must satisfactorily complete all assessments and have a total
mark of not less than 50%.

Assessment Matrix

Other Information

The week by week teaching programme and dates for assessment are subject to negotiation and variation

Course Overview: Access Course Overview