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LocationDomesticInternational
OnlineSession 1Session 1

Unit description

Introduces the practical implications of the conveyancing transaction. Students will cover all areas involved in the preparation and completion of a conveyance of real property and an old system title together with the preparation of leases and mortgages and the execution and registration thereof.

Unit content

Topic 1: Introduction
Topic 2: Formation of land contracts
Topic 3: The subject matter of the sale
Topic 4: The vendor's duty of disclosure
Topic 5: Title defects
Topic 6: Legality of structures and use
Topic 7: The deposit
Topic 8: Position of the parties pending completion
Topic 9: Requisitions and objections
Topic 10: Errors and misdescriptions
Topic 11: Inquiries and affectations
Topic 12: Preparing for settlement
Topic 13: Time
Topic 14: Strata subdivision of land
Topic 15: The revenue implications of land and business transactions

Learning outcomes

Unit Learning Outcomes express learning achievement in terms of what a student should know, understand and be able to do on completion of a unit. These outcomes are aligned with the graduate attributes. The unit learning outcomes and graduate attributes are also the basis of evaluating prior learning.

GA1: Intellectual rigour, GA2: Creativity, GA3: Ethical practice, GA4: Knowledge of a discipline, GA5: Lifelong learning, GA6: Communication and social skills, GA7: Cultural competence
On completion of this unit, students should be able to:GA1GA2GA3GA4GA5GA6GA7
1demonstrate an ability to identify the materials necessary for the preparation of a contract for the sale of land under the Torrens system and for the sale of businesses and to comply with the requirements of the relevant legislation relating to these transactionsKnowledge of a discipline
2identify and apply an understanding of the various laws (both statutory and case law) applicable to transactions associated with the selling, purchasing, leasing and mortgaging interests in land and businessesIntellectual rigour
3draft various special conditions necessary to be able to prepare a contract for the sale of land or businesses so as to meet the various circumstances of these transactionsKnowledge of a discipline
4advise clients with respect to transactions involving the sale of land and businesses, including possible conflicts of interestEthical practice
5recognise the revenue implications of conveyancing, leasing and the mortgaging of land and the sale of businesses.Knowledge of a discipline

On completion of this unit, students should be able to:

  1. demonstrate an ability to identify the materials necessary for the preparation of a contract for the sale of land under the Torrens system and for the sale of businesses and to comply with the requirements of the relevant legislation relating to these transactions
    • GA4: Knowledge of a discipline
  2. identify and apply an understanding of the various laws (both statutory and case law) applicable to transactions associated with the selling, purchasing, leasing and mortgaging interests in land and businesses
    • GA1: Intellectual rigour
  3. draft various special conditions necessary to be able to prepare a contract for the sale of land or businesses so as to meet the various circumstances of these transactions
    • GA4: Knowledge of a discipline
  4. advise clients with respect to transactions involving the sale of land and businesses, including possible conflicts of interest
    • GA3: Ethical practice
  5. recognise the revenue implications of conveyancing, leasing and the mortgaging of land and the sale of businesses.
    • GA4: Knowledge of a discipline

Prescribed texts

  • Lane, P, Coshott, D & Chapple, S, 2018, Sale of Land in NSW Commentary and Materials, 6th edn, Thomson Reuters, Australia. ISBN: 9780455233703.
Prescribed texts may change in future study periods.

Teaching and assessment

Teaching method
Lecture online 2 hour (12 weeks)
Workshop on-site 7 hrs (1 day)
Assessment
Contract20%
Short written response20%
Exam: open book60%
Notice

Intensive offerings may or may not be scheduled in every session. Please refer to the timetable for further details.

Southern Cross University employs different teaching methods within units to provide students with the flexibility to choose the mode of learning that best suits them. SCU academics strive to use the latest approaches and, as a result, the learning modes and materials may change. The most current information regarding a unit will be provided to enrolled students at the beginning of the study session.

Fee information

Domestic

Commonwealth Supported courses
For information regarding Student Contribution Amounts please visit the Student Contribution Amounts.
Commencing 2020 Commonwealth Supported only. Student contribution band: 1

Fee paying courses
For POSTGRADUATE or UNDERGRADUATE full fee paying courses please check Domestic Postgraduate Fees OR Domestic Undergraduate Fees

International

Please check the international course and fee list to determine the relevant fees.

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