Acquire properties by purchase or transfer

Unit of competency Outline

Date retreived
22/07/2026 1:49 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.

Unit of competency

National Code
CHCSOH012

State Code
AVB24

TGA Status
Replaced

DTWD Status
Transition (Replaced)

Current Release Number
1.00

Current Release Date
06/08/2015

View on TGA

State Implementation and Classification

Approved Date

22/01/2016

Field of Education

080503 - Real Estate

Original Release Date

22/01/2016

Nominal Hours

Description

This unit describes the skills and knowledge required to negotiate the purchase or transfer of property to social housing. This unit applies to work in a social housing context typically carried out by senior workers working autonomously within broad guidelines. The skills in this unit must be applied in accordance with Commonwealth and State/Territory legislation, Australian/New Zealand standards and industry codes of practice.

Notes

Elements and Performance Criteria

1. Formulate terms and conditions of Contract or transfer Agreement element

1.1 Formulate draft transfer Agreement terms and conditions to protect client's interests
1.2 Issue instructions to legal consultants to prepare draft Agreement
1.3 Formulate draft Agreements to meet relevant industry, company and legislative requirements
1.4 Convey draft Agreement terms and conditions to the relevant party or its agent before negotiations are undertaken

2. Negotiate Agreement terms and conditions

2.1 Hold discussions with interested parties to enable agreement to be reached on form and contents of Agreement
2.2 Ensure Agreement is signed by all parties once consensus has been reached on the form and content
2.3 Ensure Agreement is forwarded to legal or conveyancing services

3. Confirm acceptability of Agreement

3.1 Issue instructions to relevant consultants to enable the property inspection to be effected
3.2 Liaise with relevant parties regarding upgrades or maintenance requirements of identified properties
3.3 Convey decision to interested parties in a timely manner and in writing in relation to inspections, upgrades and maintenance
3.4 Confirm availability of finance
3.5 Confirm satisfactory pre-purchase or transfer inspection reports

4. Prepare for exchange or transfer

4.1 Organise financial deposit if relevant
4.2 Confirm all required documentation and certificates
4.3 Prepare and amend Contract and/or transfer Agreement to be made ready for exchange

5. Exchange Contract or transfer documentation

5.1 Confirm Contracts are identical and as agreed
5.2 Exchange Contract and deposit if required
5.3 Date Contracts for each party

6. Prepare for settlement

6.1 Conduct or arrange all relevant statutory enquiries
6.2 Issue requisitions on title
6.3 Prepare a transfer document
6.4 Satisfy financial obligations
6.5 Submit stamp duty and required documentation
6.6 Stamped transfer sent to vendor for execution
6.7 Arrange settlement time, date and finance

7. Confirm legal transfer

7.1 Attend settlement
7.2 Obtain final search on property for encumbrances
7.3 Conduct handover of title and or transfer documents
7.4 Check documentation
7.5 Conduct hand over of finances
7.6 Register documents with statutory authority
7.7 Accept new land issues in purchaser’s name

8. Document asset to property portfolio

8.1 Enter all relevant details into property management system
8.2 File property documentation

No information

Replaces

State Code	National Code	Title	Type
D2285	CHCCH620D	Acquire properties by purchase or transfer	Unit of competency

Replaced By

State Code	National Code	Title	Type
ODJ37	CHCSOH023	Acquire properties by purchase or transfer	Unit of competency

State Code	National Code	Title	Type
AWM0	CHC52015	Diploma of Community Services	Qualification