University of Technology Sydney

75422 Transactional Practice

6cp
Requisite(s): ((75424c Legal and Professional Skills AND (102 credit points of completed study in spk(s): STM90688 102cp Core subjects LLB OR 108 credit points of completed study in spk(s): STM90832 LLB Core Subjects OR 108 credit points of completed study in spk(s): STM90831 Juris Doctor Core Subjects) AND (114 credit points of completed study in spk(s): C04236 Juris Doctor OR 162 credit points of completed study in spk(s): C10124 Bachelor of Laws OR 114 credit points of completed study in spk(s): STM90691 144cp Law Stream OR 114 credit points of completed study in spk(s): STM90401 Law Stream Combined Degree BA Communication Bachelor of Laws OR 132 credit points of completed study in spk(s): C04320 Juris Doctor Graduate Certificate Professional Legal Practice)) OR 75424c Legal and Professional Skills )
The lower case 'c' after the subject code indicates that the subject is a corequisite. See definitions for details.
These requisites may not apply to students in certain courses. See access conditions.

Description

This subject covers the skills, practice areas and values required of a law student to be admitted to practise law as prescribed by the 'competency standards' set out in the Second Schedule to the Legal Profession Uniform Admission Rules 2015. The subject assumes an understanding of disciplinary knowledge taught in core law subjects in a relevant degree. Students learn and practise the application of this knowledge through the development of skills and reflection in preparation for professional practice as an entry-level lawyer. This subject is one of four subjects that constitute the Practical Legal Training (PLT) program. It is complemented by the three other PLT subjects – 75424 Legal and Professional Skills, 75423 Litigation and Estate Practice and 75411 Practical Experience.

This subject covers the law, practice, procedure and skills to enable students to: conduct and advise on property transactions such as conveying torrens title and strata title residential property; advise on, create and release securities; advise on, create and transfer leases; identify revenue issues of property transactions; and advise on land use, powers of attorneys, residential tenancies and options. Students also apply their knowledge and skills to advise clients on, and conduct client matters in, commercial transactions such as: the sale and purchase of a business; set up and advise on business structures and the continuing obligations in relation to those structures; identify revenue implications of commercial transactions and refer clients to appropriate expert advisers; and advise on loans, securities and financing arrangements for commercial transactions. Students draft relevant documents and analyse clients' problems in these areas of the law, as well as offering options and solutions.

Typical availability

Autumn session, City campus
Spring session, City campus


Detailed subject description.

Fee information

Information to assist with determining the applicable fee type can be found at Understanding fees.

Access conditions

Note: The requisite information presented in this subject description covers only academic requisites. Full details of all enforced rules, covering both academic and admission requisites, are available at access conditions and My Student Admin.