Advanced Diploma of Conveyancing (Victoria)

Working in Conveyancing

An introductory unit that addresses a basic understanding of the Australian legal system, the financial services industry and how these all fit together in the broader economy of the country.

Intro to Law

This unit looks at the areas of law that determine what a conveyancer is authorised to do, when they operate an agency, manage a trust account and make operational decisions. We will conduct a quick review of the key features of the Australian legal system, then take a detailed look at the legislation that is specific to the conveyancing industry in Victoria, with a strong focus on the Conveyancers Act 2006, the Transfer of Land Act 1958 and the Electronic Conveyancing Act 2014

Take Instructions

This unit describes the skills and knowledge required to take instructions from a potential client in order to initiate a conveyancing transaction. The actions required will include identifying and clarifying the client needs and expectations, determining if there are optional courses of action for a particular client, checking sales contract documentation, obtaining an appropriate and compliant authority to act for the client and of course ensuring that the client we are dealing with is in fact who they say they are.

Legislation

This unit is focussed on interpreting and evaluating legal principles and legislative requirements, which have been covered in a general way, extensively in earlier units of this course.

Interpret Search Results

This unit will equip you with the skills and knowledge required to recognise, conduct and interpret relevant searches, then analyse and evaluate data for conveyancing transactions following confirmation of initial instructions from the client.

Interpret Legal Documents

This unit describes the skills and knowledge required to read and interpret legal documents and provide advice to conveyancing clients within a range of contexts and environments. It includes defining the nature and function of documents in a transaction and advising the client about their rights, obligations and alternative courses of action, where required.

Tax

This unit investigates the requirements for a conveyancer to research and identify tax obligations for a conveyancing transaction. It encompasses identifying and applying statutory interpretation techniques, identifying and tracking changes to relevant legislation and codes of conduct, maintaining appropriate records, using online platforms to calculate and pay tax, and complying with reporting obligations.

Business Strategy

The art and science of business strategy is the foundation of organisational success – but it is up to a leader to implement and achieve this success. It is one thing to recognise a business plan template and be able to pull together a quick planning document for financing purposes. It is something else entirely to be able to use practical, no-nonsense business strategy to assess the viability of your business idea, understand your place among the competition and build an enduring future for your company.