Modification History
Not Applicable
Unit Descriptor
Unit descriptor |
This unit of competency specifies the outcomes required to manage property in rural environments. It includes identifying owner requirements, planning the provision of property management services, delivering property management proposals, recording management agreements, establishing key registers, implementing management agreements, monitoring and reporting to owners and planning tenancy or lease renewals. The unit may form part of the licensing requirements for persons engaged in stock and station agency activities in those States and Territories where these are regulated activities. |
Application of the Unit
Application of the unit |
This unit of competency supports the work of licensed stock and station agents and stock and station representatives or certificate holders involved in managing rural property. |
Licensing/Regulatory Information
Refer to Unit Descriptor
Pre-Requisites
Prerequisite units |
Nil |
Employability Skills Information
Employability skills |
The required outcomes described in this unit of competency contain applicable facets of employability skills. The Employability Skills Summary of the qualification in which this unit of competency is packaged, will assist in identifying employability skills requirements. |
Elements and Performance Criteria Pre-Content
Elements describe the essential outcomes of a unit of competency. |
Performance criteria describe the required performance needed to demonstrate achievement of the element. Where bold italicised text is used, further information is detailed in the required skills and knowledge and/or the range statement. Assessment of performance is to be consistent with the evidence guide. |
Elements and Performance Criteria
ELEMENT |
PERFORMANCE CRITERIA |
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1 Establish owner requirements . |
1.1 Appointment is made with owner to discuss property management services in line with agency practice. 1.2 Appropriate rapport is established with owner or lessor. 1.3 Owner or lessor requirements regarding property are clarified and accurately assessed using appropriate interpersonal communication techniques . |
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1.4 Extent of services to be offered and risks to be covered are framed after consultation with owner. 1.5 Respective obligations of owner or lessor and agency are determined and agreed with owner in line with agency practice and legislative requirements . |
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2 Establish rural property management agreement . |
2.1 Owner or lessor is advised on market influences likely to affect property in line with agency practice. 2.2 Property management services are discussed and agreed with owner in line with agency practice. 2.3 Agency fees, property management budgeting and reporting arrangements are discussed and agreed with owner in line with agency practice. 2.4 Agreed instructions are documented in line with agency practice and legislative requirements. |
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3 Establish key register . |
3.1 Key register system is established, administered and maintained in line with agency practice. 3.2 Security of register and keys is maintained in line with agency practice. |
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4 Implement rural property management agreement . |
4.1 Internal and external systems are established in line with agency practice and management agreement. 4.2 Necessary agency staff and external contractors are identified and accessed in line with management agreement and agency practice. 4.3 Trust accounts are established and operated in line with management agreement, legislative requirements and agency practice. 4.4 Required reports on trust accounts are prepared and audited in line with management agreement, legislative requirements and agency practice. 4.5 Risk management strategies , including insurance, are implemented in line with management agreement, legislative requirements and agency practice. 4.6 Property security measures are implemented in line with management agreement, legislative requirements and agency practice. |
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4.7 Inspections are conducted in line with management agreement, legislative requirements and agency practice. 4.8 Property maintenance schedules are implemented in line with management agreement, legislative requirements and agency practice. |
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5 Monitor and report to owners on rural property management agreement . |
5.1 Properties are monitored on a regular basis in line with management agreement, legislative requirements and agency practice. 5.2 Corrective action in relation to problems with property revealed through monitoring of property is taken within the constraints of property management agreement, legislative requirements and agency practice. 5.3 Communication with owners or lessors and tenants or lessees is maintained in line with management agreement, legislative requirements and agency practice. 5.4 Disputes involving owners or lessors and tenants or lessees are managed in line with management agreement, legislative requirements and agency practice. 5.5 Reports are prepared for owners in line with property management agreement and agency practice. |
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6 Manage renewal of rural property tenancy agreements and leases . |
6.1 Agency renewal patterns for tenancy agreements and leases are assessed and strategies developed to maximise benefits for agency and owners or lessors. 6.2 Tenancy agreement and lease expiries are scheduled to ensure renewals are obtained prior to expiry dates. 6.3 Property is inspected and an accurate report is produced on property condition and maintenance requirements in line with legislative requirements and agency practice. 6.4 Property condition reports and rental details are provided to tenants or lessees prior to renewal of tenancy agreement or lease. |
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6.5 Conditions of tenancy agreement or lease renewal are negotiated and agreed with all parties . 6.6 Tenancy agreement or lease renewal documentation is prepared and provided to tenant or lessee and finalised in line with legislative requirements and agency practice. |
Required Skills and Knowledge
REQUIRED SKILLS AND KNOWLEDGE |
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This section describes the essential skills and knowledge and their level, required for this unit. |
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Required skills :
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Required knowledge and understanding :
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Evidence Guide
EVIDENCE GUIDE
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.
Overview of assessment |
This unit of competency could be assessed through practical demonstration of providing property management services for a rural property. Targeted written (including alternative formats where necessary) or verbal questioning to assess the candidate's underpinning knowledge would provide additional supporting evidence of competence. The demonstration and questioning would include collecting evidence of the candidate's knowledge and application of ethical standards and relevant federal, and state or territory legislation and regulations. This assessment may be carried out in a simulated or workplace environment. |
Critical aspects for assessment and evidence required to demonstrate competency in this unit |
A person who demonstrates competency in this unit must be able to provide evidence of:
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Context of and specific resources for assessment |
Resource implications for assessment include:
Where applicable, physical resources should include equipment modified for people with disabilities. Access must be provided to appropriate learning and/or assessment support when required. Assessment processes and techniques must be culturally appropriate, and appropriate to the language and literacy capacity of the candidate and the work being performed. Validity and sufficiency of evidence require that:
In all cases where practical assessment is used it will be combined with targeted questioning to assess the underpinning knowledge. Questioning will be undertaken in such a manner as is appropriate to the language and literacy levels of the candidate and any cultural issues that may affect responses to the questions, and will reflect the requirements of the competency and the work being performed. |
Range Statement
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. Bold italicised wording in the performance criteria is detailed below. 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.
Appropriate rapport relates to use of techniques that: |
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Owner or lessor requirements may include: |
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Property may include: |
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Interpersonal communication techniques may include: |
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Extent of services may include: |
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Risks may relate to: |
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Legislative requirements may include: |
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Market influences likely to affect property may include: |
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Key register may refer to: |
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Internal and external systems may include: |
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External contractors may include: |
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Risk management strategies may include: |
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Property security measures may include: |
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Corrective action may be: |
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Agency renewal patterns for tenancy agreements and leases may include: |
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Tenancy agreement and lease expiries are scheduled may refer to: |
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Parties may include: |
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Unit Sector(s)
Unit sector |
Property development, sales and management |
Competency field
Competency field |
Stock and station agency |