17126 Property Transactions
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Subject handbook information prior to 2025 is available in the Archives.
Credit points: 6 cp
Result type: Grade and marks
There are course requisites for this subject. See access conditions.
Description
This subject introduces students to the NSW legal framework as it applies to the ownership of personal property including intellectual property, real property (incorporating concepts of title, leasehold and mortgage other interests), conveyancing processes in NSW, and obtaining options to purchase. An overview of the law of contract with emphasis on construction contracts and joint venture agreements is also considered together with the law of negligence including liability for negligently given advice or certification and the operation of the statute of limitations. The subject further considers the manner in which local government building, planning and subdivision approvals are provided in NSW including mechanisms for appeal to the Land and Environment Court.
Subject learning objectives (SLOs)
On successful completion of this subject, students should be able to:
| 1. | Appropriately apply the relevant legal framework to a range of tenure interests held in both real and personal property. |
|---|---|
| 2. | Demonstrate an understanding of the law of contract, both common and statute. |
| 3. | Research and demonstrate an understanding of legal source material and tenure titling and plan instruments. |
| 4. | Demonstrate knowledge of the Australian legal system (including the courts hierarchy and sources of law). |
| 5. | Critically reflect on how relevant laws will impact on daily practice in your chosen discipline. |
Course intended learning outcomes (CILOs)
This subject also contributes to the following Course Intended Learning Outcomes:
- Understand Indigenous perspectives and interpret legal frameworks relating to land use and ownership (A.3)
- Effectively apply a variety of communication skills and technologies in professional contexts (C.1)
- Demonstrate a theoretical and practical understanding of built environment law and procedures in a variety of property-related contexts (P.4)
- Demonstrate knowledge of research principles and methods applicable to property development (R.1)
Teaching and learning strategies
Online learning activities will continuously reinforce the learning content for students throughout each week. The emphasis is on "learning by doing," and undertaking practical tasks and discussion forums on the various topics within this subject. Zoom sessions will provide hands on guidance through the major assignments.
Content (topics)
- Contract Law
- Torts
- Classification of Property
- Ownership / possession
- Estates and interest in land
- Title to land
- Encumbrances
- Mortgages
- Leases
- Business structures
Assessment
Assessment task 1: Property Tenure and Ownership
| Objective(s): | This task addresses the following subject learning objectives: 1, 2 and 4 This task also addresses the following course intended learning outcomes that are linked with a code to indicate one of the five CAPRI graduate attribute categories (e.g. C.1, A.3, P.4, etc.): A.3 and P.4 | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Type: | Quiz/test | ||||||||||||||||
| Groupwork: | Individual | ||||||||||||||||
| Weight: | 30% | ||||||||||||||||
| Criteria linkages: |
SLOs: subject learning objectives CILOs: course intended learning outcomes |
Assessment task 2: Legal Due Diligence Acquisition
| Objective(s): | This task addresses the following subject learning objectives: 3, 4 and 5 This task also addresses the following course intended learning outcomes that are linked with a code to indicate one of the five CAPRI graduate attribute categories (e.g. C.1, A.3, P.4, etc.): C.1, P.4 and R.1 | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Type: | Case study | ||||||||||||||||
| Groupwork: | Individual | ||||||||||||||||
| Weight: | 35% | ||||||||||||||||
| Criteria linkages: |
SLOs: subject learning objectives CILOs: course intended learning outcomes |
Assessment task 3: Legal Due Diligence Disposal
| Objective(s): | This task addresses the following subject learning objectives: 3, 4 and 5 This task also addresses the following course intended learning outcomes that are linked with a code to indicate one of the five CAPRI graduate attribute categories (e.g. C.1, A.3, P.4, etc.): C.1, P.4 and R.1 | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Type: | Case study | ||||||||||||||||
| Groupwork: | Individual | ||||||||||||||||
| Weight: | 35% | ||||||||||||||||
| Criteria linkages: |
SLOs: subject learning objectives CILOs: course intended learning outcomes |
Minimum requirements
Students must achieve at least 50% of the subject’s total mark.