Unit of competency Outline

Date retreived
24/07/2026 12:23 AM AWST

Whilst all efforts are made to provide accurate and timely information from the relevant source/documentation, please be aware that the information supplied may not be the most current version. The accuracy of the detail has not been confirmed by the Department and therefore should not be relied upon without first confirming the contents.

End commercial property lease

End commercial property lease

Unit of competency
National Code
CPPREP4235
State Code
OAQ96
TGA Status
Current
DTWD Status
Approved
Current Release Number
1.00
Current Release Date
21/03/2019
State Implementation and Classification
Approved Date
03/06/2020
Field of Education
080503 - Real Estate
Original Release Date
03/06/2020
Nominal Hours
45
Description
This unit specifies the skills and knowledge required to end a commercial property lease. It includes analysing lease documentation to clarify the circumstances of termination and obligations of lessors and lessees, and monitoring and negotiating termination processes including make good, handover and financial settlement.State or territory licensing requirements may apply to this unit.
Notes
Elements and Performance Criteria
1. Respond to request to terminate commercial property lease.
  • 1.1 Receive request to end lease and clarify circumstances requiring termination.
  • 1.2 Analyse lease documentation to verify conditions of termination and confirm lessor and lessee responsibilities.
  • 1.3 Clarify make-good obligations and property handover requirements.
  • 1.4 Inform lessor and lessee of termination request according to agency requirements.
  • 1.5 Document request to terminate lease according to legislative requirements.
  • 1.6 Seek specialist advice as required to clarify contractual obligations and inform lessor and lessee.
2. Implement and monitor processes to terminate commercial property lease.
  • 2.1 Notify lessor and lessee of responsibilities and obligations associated with lease termination.
  • 2.2 Consult with lessee to monitor satisfactory completion of make-good requirements.
  • 2.3 Conduct and document property inspection to verify outgoing property condition according to terms and conditions of lease.
  • 2.4 Facilitate financial settlement according to terms and conditions of lease.
  • 2.5 Record financial transactions according to legislative requirements.
3. Finalise termination of commercial property lease.
  • 3.1 Organise and monitor property handover procedure to lessor satisfaction.
  • 3.2 Negotiate with lessor and lessee to resolve areas of conflict.
  • 3.3 Identify breach of lease terms and conditions, and implement actions required for resolution according to agency requirements.
  • 3.4 Complete and secure end of lease documentation according to legislative requirements.
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State Code National Code Title Type
AD905 CPPSS00072 Commercial and property management Skill set
BEH9 CPP41419 Certificate IV in Real Estate Practice Qualification