Assessment Requirements for PSPREV012 Manage information on legal entities, relationships and property

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Assessment Requirements for PSPREV012 Manage information on legal entities, relationships and property

Modification History

Supersedes and is equivalent to PSPREV003 Manage information on legal entities, relationships and property.

Performance Evidence

Evidence of the ability to complete tasks outlined in elements and performance criteria of this unit in the context of the job role, and on at least one occasion:

read and analyse complex and formal documents, including contracts, legislation and related materials, to assist in decision-making

communicate with others on matters involving exchanges of complex information when determining legal entities, relationships and property ownership

use technology to conduct research, make enquiries, review available data, access legislative requirements and record outcomes.

Knowledge Evidence

Demonstrated knowledge required to complete the tasks outlined in elements and performance criteria of this unit:

general features and underlying principles of legal entities and legal relationships

fundamental nature of property and principles relating to:

personal or real property, leases, licences and assignment of property

mortgages, easements, charges, memorials and restrictive covenants

sources of property law

features of a partnership

business processes relevant to area of jurisdiction.

Assessment Conditions

Skills must be demonstrated in the workplace or in a simulated environment that reflects workplace conditions.

Assessment must ensure access to:

examples of legal entity, relationship and property issues

legislation, regulations, rulings, commissioner practices and other applicable case law that refer to legal entity, relationship and property issues

organisational procedures and protocols

information systems, equipment and resources of the working environment.

Assessors must satisfy the Standards for Registered Training Organisations’ requirements for assessors.

Links

Companion Volume implementation guides are found in VETNet - https://vetnet.gov.au/Pages/TrainingDocs.aspx?q=bebbece7-ff48-4d2c-8876-405679019623