Qualification details

FNS50411 - Diploma of Conveyancing (Release 3)

Summary

Releases:
ReleaseStatusRelease date
3 (this release)Current 18/Jul/2013
(View details for release 2) Replaced07/Mar/2012
(View details for release 1) Replaced16/Jan/2012

Usage recommendation:
Superseded
Mapping:
MappingNotesDate
Is superseded by and equivalent to BSB52015 - Diploma of ConveyancingUpdated to meet Standards for training packages Qualification moved from Financial Services Training Package to Business Services Training Package. 24/Mar/2015
Supersedes FNS50410 - Diploma of ConveyancingQualification has been restructured to respond to better industry understanding of the emerging regulatory requirements; packaging rules adjusted to reflect a smaller core and larger elective requirement. OUTCOMES DEEMED NOT EQUIVALENT 15/Jan/2012

Training packages that include this qualification

Units of competency

CodeSort Table listing Units of Competency by the Code columnTitleSort Table listing Units of Competency by the Title columnEssential
BSBCUS501C - Manage quality customer serviceManage quality customer service Elective
BSBFIM501A - Manage budgets and financial plansManage budgets and financial plans N/A
BSBHRM506A - Manage recruitment selection and induction processesManage recruitment selection and induction processes N/A
BSBINM601A - Manage knowledge and informationManage knowledge and information N/A
BSBITS401B - Maintain business technologyMaintain business technology Elective
BSBLEG415A - Apply the principles of contract lawApply the principles of contract law N/A
BSBLEG416A - Apply the principles of the law of tortsApply the principles of the law of torts N/A
BSBLEG417A - Apply the principles of evidence lawApply the principles of evidence law N/A
BSBLEG512A - Apply legal principles in property law mattersApply legal principles in property law matters N/A
BSBMGT502B - Manage people performanceManage people performance N/A
Items per page 10 | 20 | 50 | 100
Displaying items 1 - 10 of 30

Classifications

SchemeCodeClassification value
ANZSCO Identifier 599111 Conveyancer 
ASCO (occupation type) Identifier 5991-13 Law Clerk 
ASCED Qualification/Course Field of Education Identifier 0811 Banking, Finance And Related Fields 
Qualification/Course Level of Education Identifier 421 Diploma 

Classification history

SchemeCodeClassification valueStart dateEnd date
ANZSCO Identifier 599111 Conveyancer 02/Oct/2012 
ASCO (occupation type) Identifier 5991-13 Law Clerk 02/Oct/2012 
ASCED Qualification/Course Field of Education Identifier 0811 Banking, Finance And Related Fields 02/Oct/2012 
Qualification/Course Level of Education Identifier 421 Diploma 16/Jan/2012 
The content being displayed has been produced by a third party, while all attempts have been made to make this content as accessible as possible it cannot be guaranteed. If you are encountering issues following the content on this page please consider downloading the content in its original form

Modification History

Release 

Comments 

Release 3

This version released with FNS10 Financial Services Training Package version 5.0.

Update imported units:
BSBCUS501B to BSBCUS501C; BSBITS401A to BSBITS401B; BSBMGT516A to BSBMGT516C; BSBRSK501A to BSBRSK501B; BSBWOR501A to BSBWOR501B; BSBWOR502A to BSBWOR502B.

Qualification outcomes remain unchanged.

Release 2

This version released with FNS Financial Services Training Package version 3.0.

FNSACC403A updated to current FNSACC403B.

Release 1

This Qualification first released with FNS10 Financial Services Training Package version 2.0.

FNSACC403A Make decisions in a legal context has been moved from the elective pool for the Advanced Diploma to the core of the Diploma as a required ‘entry level’ competence.

Moved BSBLEG415A Apply the principles of contract law from the elective pool into the core as a required ‘entry level’ competence.

FNSCNV601A Identify and conduct searches has been moved from the core to the electives.

BSBITS401A Maintain business technology has been moved from the core to electives.

BSBOHS303B Contribute to OHS hazard identification and risk assessment has been moved from the core to electives,

BSBSWOR401A Establish effective workplace relationships has been moved from the core to electives,

Replace TAADEL404B with updated unit TAEDEL402A Plan, organise and facilitate learning in the workplace, this is an updated unit.

Packaging rule for the qualification have been changed to 9 core units and 4 electives.

Replaces FNS50410 Diploma of Conveyancing.

Description

This qualification is designed to reflect the role of persons carrying out conveyancing work in a range of environments.

Conveyancing is a licensed occupation. Licensing regimes for conveyancers differ between States and Territories in Australia. To determine the most appropriate pathway to satisfy licensing requirements within a particular State or Territory it will be necessary to contact the relevant licensing body for advice.

Pathways Information

Pathways from the qualification 

The primary pathway from this qualification is conveyancing job roles including:

  • in a small business practice
  • as a team member in a larger organisation

A further learning pathway utilising qualifications such as Advanced Diploma of Conveyancing would support career progression.

Licensing/Regulatory Information

Work functions in the occupational areas where this qualification may be used are subject to regulatory requirements. You should refer to the IBSA website (www.ibsa.org.au) or the relevant regulator for specific guidance on requirements.

Entry Requirements

Not applicable.

Employability Skills Summary

The following table contains a summary of the employability skills required by industry for this qualification. The employability skills facets described here are broad industry requirements that may vary depending on qualification packaging options.

Employability Skill 

Industry/enterprise requirements for this qualification include: 

Communication

  • accessing professional networks
  • developing a rapport with clients
  • developing and writing reports to specifications
  • liaising, consulting and negotiating solutions with a range of people
  • preparing, analysing and executing documents
  • questioning, listening and clarifying clients’ requirements
  • using effective telephone techniques and having the ability to negotiate solutions with clients and colleagues

Teamwork

  • contributing to team cohesion
  • developing and maintaining professional networks
  • making constructive contributions to group decision making processes
  • providing feedback, support and encouragement to team members
  • receiving feedback on own performance
  • referring to other professionals as required

Problem solving

  • collecting, comparing and contrasting data
  • determining contingency strategies and options
  • ensuring audit and security arrangements are in place to protect client’s interests
  • using analytical, evaluative and deductive reasoning
  • using problem solving tools and techniques

Initiative and enterprise

  • creatively presenting information and advice to clients
  • finding and securing new business relationships
  • identifying new and emerging opportunities for the business and developing strategies to capitalise on them
  • implementing continuous improvement practices
  • setting goals in respect to client follow-ups

Planning and organising

  • developing and implementing policies and procedures in respect to trust accounts
  • developing and maintaining systems, records and reporting procedures
  • processing documents, maintaining files, managing information and scheduling and coordinating competing tasks
  • using organisational skills to locate information on statutory and legislative requirements

Self-management

  • acting as a role model for others
  • asking for and responding to feedback on performance
  • managing own time and priorities and dealing with contingencies
  • planning own work schedule and monitoring and evaluating own work performance
  • presenting a positive organisational image
  • taking responsibility as required by work role and ensuring all organisational policies and procedures are followed
  • understanding and acting upon compliance requirements
  • working ethically and complying with all industry codes of practice and legislative requirements

Learning

  • contributing to the learning of others through implementing team building exercises
  • developing and maintaining personal competency
  • developing and monitoring individual training plans
  • encouraging continuous education and professional development
  • following workplace safety procedures
  • identifying and documenting training needs
  • identifying opportunities for professional development
  • improving professional practice of oneself and others
  • maintaining currency of knowledge of legislation and industry codes of practice
  • setting career goals

Technology

  • operating computers and using word processing, spreadsheet and database skills to produce workplace documentation
  • reviewing and evaluating financial and IT systems for compliance with trust account requirements
  • using business technology to access, organise and monitor information
  • using custom made software to track clients and other persons
  • using research data devices and telecommunication devices and equipment

Packaging Rules

13 units  must be achieved:

9 core units 

plus 4 elective units 

2 elective units  must be selected from the elective units listed below.

The remaining 2 elective units  may be selected from the elective units listed below, any endorsed Training Package or accredited course. Elective units may be selected from a Certificate IV, Diploma or Advanced Diploma qualification.

Elective units must be relevant to the work outcome, local industry requirements and the qualification level.

Core units of competency: 

  • FNSACC403B Make decisions in a legal context
  • FNSCNV501A Take instructions in relation to a transaction
  • FNSCNV502A Read and interpret a legal document and provide advice
  • FNSCNV503A Analyse and interpret legal requirements for a transaction
  • FNSCNV504A Prepare legal documents
  • FNSCNV505A Finalise the conveyancing transaction
  • FNSCNV506A Establish and manage a trust account
  • FNSINC401A Apply principles of professional practice to work in the financial services industry
  • BSBLEG415A Apply the principles of contract law

Elective units of competency: 

  • FNSCNV601A Identify and conduct searches
  • BSBCUS501C Manage quality customer service
  • BSBFIM501A Manage budgets and financial plans
  • BSBHRM506A Manage recruitment selection and induction processes
  • BSBINM601A Manage knowledge and information
  • BSBITS401B Maintain business technology
  • BSBLEG416A Apply the principles of the law of torts
  • BSBLEG417A Apply the principles of evidence law
  • BSBLEG512A Apply legal principles in property law matters
  • BSBMGT502B Manage people performance
  • BSBMGT515A Manage operational plan
  • BSBMGT516C Facilitate continuous improvement
  • BSBMGT605B Provide leadership across the organisation
  • BSBOHS303B Contribute to OHS hazard identification and risk assessment
  • BSBPMG510A Manage projects
  • BSBRSK501B Manage risk
  • BSBSUS501A Develop workplace policy and procedures for sustainability
  • BSBWOR501B Manage personal work priorities and professional development
  • BSBWOR401A Establish effective workplace relationships
  • BSBWOR502B Ensure team effectiveness
  • TAEDEL402A Plan, organise and facilitate learning in the workplace
Training component details
The following details are displayed for each different NRT:-

Training packages

- Training package details
- Training package components

Qualifications

- Qualification details
- Qualification components

Accredited courses

- Accredited course details

Modules

- Module details

Units of competency

- Units of competency details
- Unit components

Skill sets

- Skill set details
- Skill set components

Click on the Export link to export the NRT information to MS Word or PDF.

Click on the Manage notification link to create or change a notification for this NRT.

When selecting the Display history check box a set of tables will appear displaying a log of historical values describing what has changed and when over time.

If you have access to make changes to an NRT, click on the Edit link on the upper right hand side of the summary box.