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Follow the links below to find material targeted to the unit's elements, performance criteria, required skills and knowledge

Elements and Performance Criteria

1. Identify information needs
   • Identify sources of information relevant to the transaction
   • Examine documentation and titles and confirm facts relating to transaction
   • Define searches to be performed and confirm with client prior to commencement
   • Identify and arrange reports and searches with the required bodies according to practice policies and procedures
   • Identify applicable fees, taxes, and rebates, and advise client
2. Undertake document investigations
   • Perform searches using relevant methods according to practice policies and procedure
   • Establish and record legal positions according to practice policies and procedures
   • Collect required third-party reports from the relevant bodies
3. Evaluate issues arising with transaction
   • Identify, summarise and communicate legal issues and risks to client according to relevant legislation, regulations and practice policies and procedures
   • Define and clarify clients’ rights within transaction and communicate with client
   • Establish desired outcomes and devise strategies to achieve them in consultation with client
   • Assess transaction implications for professional indemnity insurance and take relevant action
4. Deal with third parties and other relevant stakeholders
   • Identify relevant third parties and other relevant stakeholders
   • Identify information to be obtained from or provided to third parties and other relevant stakeholders
   • Conduct consultation with third parties and relevant stakeholders and obtain authorisation
5. Present information relevant to transaction to client
   • Present documentation according to relevant legislation and regulations and practice policies and procedures
   • Record and document information necessary for transaction to proceed in a legally binding manner in client files
   • Advise client of the implications of all information received from or forwarded to relevant parties

Performance Evidence

The candidate must demonstrate the ability to complete the tasks outlined in the elements, performance criteria and foundation skills of this unit, including evidence of the ability to:

identify information needs, complete searches and evaluate and communicate collected information for a conveyancing transaction on at least three occasions.

In the course of the above, the candidate must:

communicate with a client and third parties involved in a transaction

request and record search information from authorities and third parties

assess transaction risk

present clear, concise and accurate information in relation to a transaction.

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Knowledge Evidence

The candidate must be able to demonstrate knowledge to complete the tasks outlined in the elements, performance criteria and foundation skills of this unit, including knowledge of:

business principles and law applicable to conveyancing transactions

current legislative, regulatory and industry practices, procedures and services

professional and industry terminology

consequences of searches relevant to the conveyancing transaction

procedures and practices for conducting searches

relevant practice policies and procedures

registration procedures and strategies

procedures for risk assessment and evaluation strategies

relevant types of document searches, for personal, business or real estate conveyancing.

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