What the subject is about
Property practice involves the conveyance, lease or mortgage of real property.
This subject covers the law, practice and procedure which will enable you to act for clients competently in a range of real property transactions including:
sales and purchases
leases
mortgages
Matters relating to:
land use arising under legislation
revenue issues in property transactions
are also covered.
Subject aim
The aim is to assist you to become competent in the following elements of property practice:
Transferring title.
Creating leases.
Creating and releasing securities.
Advising on land use.
Advising on revenue issues.
Subject objectives
At the end of this subject you will be able to demonstrate competence in each element of property practice.
Element 1 Transferring Title
Unit 1 Advising on Property Transactions
Unit 2 Advising on a Sale
Unit 3 Drafting the Contract for Sale
Unit 4 Advising on a Purchase
Unit 5 Investigating and Transferring Title
Unit 6 Finalising the Transaction
Element 2 Creating Leases
Unit 7 Conducting Leasing Matters
Unit 8 Advising on and Drafting Leases
Unit 9 Advising Lessees and Settling Leases
Element 3 Creating and Releasing Securities
Unit 10 Advising on and Creating Securities
Unit 11 Discharging Securities
Element 4 Advising on Land Use
Unit 12 Advising on Planning and Environment Matters
Element 5 Advising on Revenue Issues
Unit 13 Advising on Revenue Implications in Property Transactions.
Element 6 Acting in Property Matters
Unit 14 Acting in Property Transactions in Practice
Assessment method & value
2 hour open book written exam onsite - 60%
Settlement and viva onsite - 20%
Assessment by Panel of Review of selected file - 20%