Property Practice

Subject outline

Property practice involves the legal process of transferring legal ownership of a property from one party to another (conveyancing) together with associated matters such as leasing, mortgaging, planning and revenue.

Buying or selling property is one of the largest financial transactions clients will undertake during their lives. Clients will expect you to be able to handle such transactions in accordance with their instructions and acting in their best interests.

You will complete three tasks in this subject based on real life case studies that an entry level lawyer is likely to face in practice. Each task has associated activities.

Your lecturer is available to assist you with the tasks and will give you feedback. You can also get involved with interactive class discussions via the discussion board.

Learning objectives

At the end of this subject you will be able to demonstrate the competence required of an entry level lawyer in the following elements of property practice:

  • identifying and transferring title/property and preparing a contract for sale for a vendor
  • advising on a contract and investigating and transferring title from a purchaser’s perspective
  • advising on  leases
  • advising on creating and releasing securities
  • advising on land use, and
  • advising on revenue issues.

Tasks and activities

You will complete practical tasks such as advising a client on the sale or purchase of a property, preparing for settlement and performing settlement.

To assist your learning, you have online resources such as readings and interactive case studies. You also have a hard copy of The College’s Practice Papers, which are also available online and in eBook format.

The course calendar sets out the milestones for you to meet, and guides you through the subject. However, other than meeting dates for submission of work and assessments, you can progress through the learning resources and tasks at your own pace, when and where it suits you.

Your lecturer is your mentor and will give you individual guidance. Your lecturer will also give you feedback, and coach you to achieve the required level of competence.

Assessment

To be eligible for assessment you must first:

  • complete each task to a competent standard as determined by your lecturer, and
  • score more than 50% in a multiple choice test.

The final assessment in the subject will be an oral assessment that will include:

  • reflection on your learning in the subject
  • review of the tasks you have submitted, and
  • questions arising from the learning materials.

Your performance in the oral assessment will be graded.