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Evidence Guide: BSBCNV615 - Interpret search results for a conveyancing transaction

Student: __________________________________________________

Signature: _________________________________________________

Tips for gathering evidence to demonstrate your skills

The important thing to remember when gathering evidence is that the more evidence the better - that is, the more evidence you gather to demonstrate your skills, the more confident an assessor can be that you have learned the skills not just at one point in time, but are continuing to apply and develop those skills (as opposed to just learning for the test!). Furthermore, one piece of evidence that you collect will not usualy demonstrate all the required criteria for a unit of competency, whereas multiple overlapping pieces of evidence will usually do the trick!

From the Wiki University

 

BSBCNV615 - Interpret search results for a conveyancing transaction

What evidence can you provide to prove your understanding of each of the following citeria?

Identify information needs

  1. Identify sources of information relevant to the transaction
  2. Examine documentation and titles and confirm facts relating to transaction
  3. Define searches to be performed and confirm with client prior to commencement
  4. Identify and arrange reports and searches with the required bodies according to practice policies and procedures
  5. Identify applicable fees, taxes, and rebates, and advise client
Identify sources of information relevant to the transaction

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Examine documentation and titles and confirm facts relating to transaction

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Define searches to be performed and confirm with client prior to commencement

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Identify and arrange reports and searches with the required bodies according to practice policies and procedures

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Identify applicable fees, taxes, and rebates, and advise client

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Undertake document investigations

  1. Perform searches using relevant methods according to practice policies and procedure
  2. Establish and record legal positions according to practice policies and procedures
  3. Collect required third-party reports from the relevant bodies
Perform searches using relevant methods according to practice policies and procedure

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Establish and record legal positions according to practice policies and procedures

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Collect required third-party reports from the relevant bodies

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Evaluate issues arising with transaction

  1. Identify, summarise and communicate legal issues and risks to client according to relevant legislation, regulations and practice policies and procedures
  2. Define and clarify clients’ rights within transaction and communicate with client
  3. Establish desired outcomes and devise strategies to achieve them in consultation with client
  4. Assess transaction implications for professional indemnity insurance and take relevant action
Identify, summarise and communicate legal issues and risks to client according to relevant legislation, regulations and practice policies and procedures

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Define and clarify clients’ rights within transaction and communicate with client

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Establish desired outcomes and devise strategies to achieve them in consultation with client

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Assess transaction implications for professional indemnity insurance and take relevant action

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Deal with third parties and other relevant stakeholders

  1. Identify relevant third parties and other relevant stakeholders
  2. Identify information to be obtained from or provided to third parties and other relevant stakeholders
  3. Conduct consultation with third parties and relevant stakeholders and obtain authorisation
Identify relevant third parties and other relevant stakeholders

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Identify information to be obtained from or provided to third parties and other relevant stakeholders

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Conduct consultation with third parties and relevant stakeholders and obtain authorisation

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Present information relevant to transaction to client

  1. Present documentation according to relevant legislation and regulations and practice policies and procedures
  2. Record and document information necessary for transaction to proceed in a legally binding manner in client files
  3. Advise client of the implications of all information received from or forwarded to relevant parties
Present documentation according to relevant legislation and regulations and practice policies and procedures

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Record and document information necessary for transaction to proceed in a legally binding manner in client files

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Advise client of the implications of all information received from or forwarded to relevant parties

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Assessed

Teacher: ___________________________________ Date: _________

Signature: ________________________________________________

Comments:

 

 

 

 

 

 

 

 

Instructions to Assessors

Required Skills and Knowledge

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.

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.