Course Title: Analyse and interpret legal requirements for a transaction
Part B: Course Detail
Teaching Period: Term1 2019
Course Code: LAW5728C
Course Title: Analyse and interpret legal requirements for a transaction
School: 650T Vocational Business Education
Campus: City Campus
Program: C6164 - Advanced Diploma of Conveyancing
Course Contact: Callie Harvey
Course Contact Phone: +61 3 9925 5772
Course Contact Email: callie.harvey@rmit.edu.au
Name and Contact Details of All Other Relevant Staff
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.
Pre-requisites and Co-requisites
None
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.
National Codes, Titles, Elements and Performance Criteria
National Element Code & Title: |
BSBCNV503 Analyse and interpret legal requirements for a transaction |
Element: |
1 Interpret legal principles and legislative requirements affecting conveyancing transactions |
Performance Criteria: |
1.1 Identify legal framework of conveyancing practice 1.2 Interpret components of statute law and their relationships with respect to their application to conveyancing practice 1.3 Access legislation and regulations relevant to the provision of conveyancing services 1.4 Identify and analyse relevant case law for legal principles |
Element: |
2 Interpret legislative requirements affecting conveyancing transactions |
Performance Criteria: |
2.1 Interpret and analyse the structure of legislation and regulations that relate to conveyancing transactions 2.2 Analyse common interpretation problems 2.3 Apply rules and techniques for interpreting legislation and regulations in conveyancing transactions |
Element: |
3 Track and interpret changes to legislation and regulations affecting agency operations |
Performance Criteria: |
3.1 Identify processes that lead to changes in legislation and regulations 3.2 Access source documents for amendment legislation relevant to the provision of conveyancing services 3.3 Establish a process and technique for tracking amendments to legislation and regulations 3.4 Interpret and address implications of changes to legislative and regulatory requirements in line with agency procedures 3.5 Communicate changes to legislative and regulatory requirements to appropriate people in line with agency policy and procedures |
Element: |
4 Comply with relevant codes of conduct |
Performance Criteria: |
4.1 Source and access codes of conduct 4.2 Interpret relationship between industry codes of conduct and legislative requirements 4.3 Apply key principles and responsibilities of codes of conduct to own work in line with industry practice 4.4 Ensure personal ethical behaviour complies with relevant codes of conduct |
Element: |
5 Maintain records of legislation and industry codes |
Performance Criteria: |
5.1 Identify practice processes and the personnel responsible for monitoring and communicating changes to legislation and industry codes of conduct 5.2 Maintain relevant records of legislation and codes of conduct |
Learning Outcomes
Details of Learning Activities
A range of learning activities are planned for this course including self-paced and collaborative classroom-based activities.
The self-paced activities will be delivered through various technology platforms and may include your contribution to wikis and discussion threads, reflective journals, quizzes and interactive sessions.
The collaborative classroom-based activities will include group discussions, group problem-solving activities and opportunities to practice your skills in a simulated/real workplace environment.
We expect you to participate and contribute in all scheduled learning activities.
Teaching Schedule
Induction Session
Prior to training commencement a program level induction session will be conducted that comprises the following:
•Program overview and requirements
•MyRMIT/Canvas
•Overview of assessment requirements
•Pre-Training Review including:◦Recognition of Prior Learning and Credit Transfers
◦Assessment of current skills and knowledge
•Competency/Grading Criteria
•Plagiarism
•Appeals
•Extensions
•Feedback
•Privacy
•Submission requirements
•Resubmission policy
•Where to get support
•Student responsibilities
The nominal hours associated with this are a guide only and represent the total teaching time and student effort required to successfully complete this 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.
This overall semester schedule of the face to face classes is subject to changes.
WEEK No. |
DATE
|
TOPICS - Joanne Mackay (JM)weeks 1-16 (see Canvas Syllabus) |
Program and assessment reminders |
1 |
12 Feb |
LAW 5728C BUSM 7921C Intro to course, materials, Canvas
Intro Real Estate Agents’ Industry At home exercises |
|
2 |
19 Feb |
Real estate Industry exercises review. Contract of sale and general and special conditions |
|
3 |
26 Feb |
The contract of sale |
|
4 |
6 Mar |
s.32 vendor’s statement requirements, searches and certificates |
Release case study test |
5 |
11 Mar |
Contravention of s.32 & cases |
|
6 |
18 Mar |
Cooling off, finance clauses, caveats |
|
7 |
26 Mar |
Deposits, Insurance
|
Assessment 1 –Take home Case study test due 25% (JM)Release Auction assignment |
8 |
2 April |
Building legislation, Misdescription, illegal structures |
|
9 |
9 April |
Terms contracts |
|
10 |
16 April |
Student consultation - auction documents, topic content |
. |
|
Mid Semester break |
||
11 |
30 April |
(Some) AUCTION PRESENTATIONS
Adjustments |
Auction /research report due- 25% (JM) |
12 |
7 May |
Review breach of contract general conditions, settlement intro, |
|
13 |
14 May |
Revision |
|
14 |
21 May |
In class open book assessment |
In class open book assessment 50% (JM) |
15 |
28 May |
|
|
16 |
4 June |
Eligible Resits/ special consideration - Resubmissions |
Learning Resources
Prescribed Texts
References
LIBBIS, Simon Conveyancing Victoria 2018/9 |
Other Resources
Other Resources Remove lines from script areaAdd lines to script area
See Learning Resource Information link above, and Canvas
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.
Assessment Tasks
Assessment Task 1 - Case study
For this assessment task you are required to read examine and analyse the cases relating to s.32 Sale of Land Act, and then answer short questions and apply to a scenario situation.
Assessment Task 2 - Auction/Research report
Students are required to attend a public auction of a property, and write a report on the process, documentation and applicable law. See Canvas assignment link for detailed instructions.
Assessment Task 3 - In class supervised assessment
For this assessment task you will undertake a supervised assessment during your normal scheduled class. The assessment will include short answer and multiple choice questions and a case study analysis. You will be permitted to refer to your resources. This is an open book assessment.
To be deemed competent you must satisfactorily complete all assessments. Once deemed competent the student will be graded according to Grade Marking Guide below
Assessment Matrix
The assessment matrix that maps all the assessment is available on CANVAS
Other Information
Submission Requirements
You should:
Late Submission Procedures You are required to submit assessment items and/or ensure performance based assessment is completed by the due dates. If you are prevented from submitting an assessment item on time, by circumstances outside your control, you may apply in advance to your teacher for an extension to the due date of up to seven calendar days. More Information: https://www.rmit.edu.au/students/student-essentials/assessment-and-exams/assessment/extensions-of-time-for-submission-of-assessable-work Where an extension of greater than seven days is needed, you must apply for Special Consideration. Applications for special consideration must be submitted no later than two working days after the assessment task deadline or scheduled examination. More Information: https://www.rmit.edu.au/students/student-essentials/assessment-and-exams/assessment/special-consideration
Resubmissions (VET Programs): If you are found to be unsuccessful in a particular Course Assessment Task (or you do not submit/attend) you will be allowed one resubmission. Your teacher will provide feedback regarding what you need to do to improve and will set a new deadline for the resubmission. If you are still not meeting the assessment requirements you must apply to your Program Manager in writing outlining the steps you will take to demonstrate competence in your course. Your submission will be considered by the Program Team and you will be advised of the outcome as soon as possible. Grading & re-submissions Successful re-submissions will contribute a CAG only (Competency Achieved Grading) result to your overall grade for the course.
Adjustments to Assessment In certain circumstances students may be eligible for an assessment adjustment. For more information about the circumstances under which the assessment arrangements might be granted please access the following website:
Marking Guide (Competency):
You must demonstrate that you have all the required skills/knowledge/elements in the unit of competency you are studying. You will receive feedback on each assessment task that will inform you about your progress and how well you are performing.
Marking Guide (Grading)
After achieving competency we then grade your performance in the unit and you will achieve one of the following grades: Final Grades table: | |||
|
CHD |
Competent with High Distinction |
|
|
CDI |
Competent with Distinction |
|
|
CC |
Competent with Credit |
|
|
CAG |
Competency Achieved – Graded |
|
|
CA |
Competency Achieved – Not 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.
Course Overview: Access Course Overview