Application
This unit may be applied in the social housing context of community services work |
Prerequisites
Not Applicable
Elements and Performance Criteria
ELEMENT | PERFORMANCE CRITERIA |
1. Formulate terms and conditions of contract or transfer agreement element | 1.1 Formulate draft contract/transfer agreement terms and conditions to protect client's interests 1.2 Issue instructions to legal consultants to prepare draft contract where appropriate 1.3 Formulate draft contracts and/or agreements to meet relevant industry, company and legislative requirements 1.4 Convey draft contract/agreement terms and conditions to the relevant party or its agent before negotiations are undertaken |
2. Negotiate contract/agreement terms and conditions | 2.1 Hold discussions with interested parties to enable agreement to be reached on form and contents of contract/agreement 2.2 Ensure contract/agreement is signed by all parties once agreement has been reached on the form and content |
3. Confirm acceptability of contract | 3.1 Issue instructions to relevant consultants to enable the property inspection to be effected 3.2 Liaise with relevant parties regarding upgrades or maintenance requirements of identified properties 3.3 Convey decision to interested parties in a timely manner and in writing |
Required Skills
This describes the essential skills and knowledge and their level required for this unit. |
Essential knowledge: The candidate must be able to demonstrate essential knowledge required to effectively do the task outlined in elements and performance criteria of this unit, manage the task and manage contingencies in the context of the identified work role These include knowledge of: Commercial and contract law Due diligence processes Economics as they relate to the property industry Property appraisal methods and interpretation of findings Feasibility studies |
Essential skills: It is critical that the candidate demonstrate the ability to: Identify terms and conditions acceptable to all parties being determined Successfully conduct due diligence review Execute a contract which reflects the relevant positions of each party In addition, the candidate must be able to effectively do the task outlined in elements and performance criteria of this unit, manage the task and manage contingencies in the context of the identified work role These include the ability to: Demonstrate the application of skills in: collection and analysis of financial performance information negotiating communication both verbal and written planning instructing consultants analysing decision-making |
Evidence Required
The evidence guide provides advice on assessment and must be read in conjunction with the Performance Criteria, Required Skills and Knowledge, the Range Statement and the Assessment Guidelines for this Training Package. | |
Critical aspects for assessment and evidence required to demonstrate this unit of competency: | The individual being assessed must provide evidence of specified essential knowledge as well as skills Assessment of competency may be made through practical demonstration in the work environment or in a relevant simulated work environment |
Access and equity considerations: | All workers in community services should be aware of access, equity and human rights issues in relation to their own area of work All workers should develop their ability to work in a culturally diverse environment In recognition of particular issues facing Aboriginal and Torres Strait Islander communities, workers should be aware of cultural, historical and current issues impacting on Aboriginal and Torres Strait Islander people Assessors and trainers must take into account relevant access and equity issues, in particular relating to factors impacting on Aboriginal and/or Torres Strait Islander clients and communities |
Context of and specific resources for assessment: | This unit can be assessed independently, however holistic assessment practice with other community services units of competency is encouraged |
Method of assessment: | In cases where the learner does not have the opportunity to cover all relevant aspects of this unit in the work environment, the remainder should be assessed through realistic simulations, projects, previous relevant experience or oral questioning on 'What if?' scenarios Assessment of this unit of competence will usually include observation of processes and procedures, oral and/or written questioning on Essential knowledge and skills and consideration of required attitudes Where performance is not directly observed and/or is required to be demonstrated over a 'period of time' and/or in a 'number of locations', any evidence should be authenticated by colleagues, supervisors, clients or other appropriate persons |
Range Statement
The Range Statement relates to the unit of competency as a whole. It allows for different work environments and situations that may affect performance. Add any essential operating conditions that may be present with training and assessment depending on the work situation, needs of the candidate, accessibility of the item, and local industry and regional contexts. | |
This unit is relevant to activity within the following market sectors: | Not for profit rental housing Retail Commercial Industrial Residential Hospitality Infrastructure Services |
Contract may be initiated by: | The purchaser or Vendor |
Consultants may include: | Legal Banking Financial Architectural Engineering Surveying Environmental Valuation Planning Insurance |
Relevant legislation (Federal, State and Local) and industry codes of practice cover areas including: | The market sector Financial transactions Taxation Environment Construction Land use Zoning Native title Utilities use (water, gas, electricity) |
Sectors
Not Applicable
Employability Skills
This unit contains Employability Skills |
Licensing Information
Not Applicable