Release 

Comments 

Release 1

This version first released with BSB Business Services Training Package Version 1.0.

ELEMENT 

PERFORMANCE CRITERIA 

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1. Define nature of property law

1.1 Source legislation, regulations and policies relevant to property law

1.2 Outline difference between real and personal property and make distinctions about their method of transfer

1.3 Identify titles of ownership and their legal implications

1.4 Identify types of mortgages, their legal implications, processes for obtaining and discharging them, and rights of mortgagees

2. Enhance professional practice through application of relevant principles of property law matters

2.1 Identify parties involved in buying and selling a property and their respective roles

2.2 Identify steps involved in buying and selling a property

3. Prepare documentation associated with property law matters, including costing

3.1 Obtain relevant documents from authorities and service providers

3.2 Ensure documentation associated with sale or purchase of property is prepared according to organisation’s policies and procedures

3.3 Determine types of costs in accordance with legislative and regulatory requirements for costing legal services

3.4 Draft leases according to instructions

3.5 Identify duties of lessor and lessee

3.6 Ensure documentation is reviewed and signed off by designated person

4. Facilitate file administration

4.1 Arrange meetings and conferences as appropriate

4.2 Register and lodge relevant documents with land titles and other relevant government agencies

4.3 Check documentation and maintain file according to organisation’s policies and procedures

4.4 Attend to post-settlement procedures

Skill 

Performance Criteria 

Description 

Reading

1.1-1.4, 2.1, 2.2, 3.1-3.5, 4.3

• Interprets numerical and complex legal information from relevant sources to determine and adhere to requirements
• Checks documents for accuracy and consistency of information

Writing

3.2, 3.4, 4.2

• Uses clear, accurate and relevant language to organise, liaise, record and update information and complete workplace documentation according to organisation’s protocols

Oral Communication

2.1, 4.1

• Provides instructions or information using relevant language suitable to diverse audiences
• Employs listening and questioning techniques to confirm understanding

Numeracy

3.3

• Interprets numerical information to determine costs and makes calculations to record duties and transact monies

Navigate the world of work

1.2, 1.3, 1.4, 3.1-3.3

• Takes full responsibility for following policies, procedures and legislative requirements

Interact with others

3.1, 3.6

• Selects appropriate form, channel and mode of communication for a specific purpose relevant to own role

Get the work done

1.1, 1.3, 1.4, 3.1-3.6, 4.1-4.4

• Plans, sequences and implements tasks within timelines and according to required procedures
• Uses familiar digital technologies and systems to access and present information

Code and title 

current version 

Code and title 

previous version 

Comments 

Equivalence status 

BSBLEG512 Apply legal principles in property law matters

BSBLEG512A Apply legal principles in property law matters

Updated to meet Standards for Training Packages

Equivalent unit

Release 

Comments 

Release 1

This version first released with BSB Business Services Training Package Version 1.0.