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)

LAW5168C

City Campus

TAFE

650T TAFE Business

Face-to-Face

Term1 2010,
Term1 2012

Course Contact: joanne mackay

Course Contact Phone: +61 3 9925 5540

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


Course Description

To provide learners with the knowledge and skills relating to property law concepts which underpin the conveyancing process, as might be required of a person working in a conveyancing or legal office or in associated fields in the public or corporate sectors. To gain sufficient underpinning knowledge of property law to proceed competently to study legal issues in the conveyancing process

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.


Pre-requisite Courses and Assumed Knowledge and Capabilities

Introductory law course or competency 



National Competency Codes and Titles

National Element Code & Title:

FNSCONV501B Take instructions in relation to a transaction

Elements:

1. Establish the client’s needs

2. Identify any conflict of interest between conveyancer and client

3. Identify parties, properties and other interests

4. Determine terms of engagement

5. Determine contingency strategies

6. Initiate the transaction


Learning Outcomes

Knowledge requirements in the training package include:



· relevant legislation and common law

· policies/procedures/requirements of the practice


· current legislative, regulatory and industry practices, procedures and services


· business principles and law


· relevant types of contract and other required documentation


· professional/industry terminology


· relevant consumer protection requirements

Students should be able to apply knowledge and skills in various areas of property law necessary to take intructions in relation to a transaction, such as tenure and estates, title systems, fixtures and chattels, co-ownership, leases and tenancies, mortgages, easements and covenants.


· insurance requirements

 


Overview of Assessment

Assessment Summary
CASE STUDY Activity (open book)  20%
CLASS TEST (open book)                30%
FINAL TEST (open book)                  50%