Unit of competency Outline

Date retreived
22/07/2026 9:57 PM AWST

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Identify and conduct searches

Identify and conduct searches

Unit of competency
National Code
BSBCNV601
State Code
AUM08
TGA Status
Replaced
DTWD Status
Replaced
Current Release Number
1.00
Current Release Date
25/03/2015
View on TGA
State Implementation and Classification
Approved Date
15/09/2015
Field of Education
090901 - Business And Commercial Law
Original Release Date
15/09/2015
Nominal Hours
40
Description
This unit describes skills and knowledge required for conducting searches, analysing and evaluating all relevant conveyancing data for the transaction following confirmation of initial instructions from the client.It applies to individuals who use research skills and systematic approaches to organise and collate complex documentation that meets compliance requirements.Work functions in the occupational areas where this unit may be used are subject to regulatory requirements. Refer to the BSB Implementation Guide Companion Volume or the relevant regulator for specific guidance on requirements.
Notes
Elements and Performance Criteria
1 Identify information needs
  • 1.1 Identify sources of information relevant to the transaction
  • 1.2 Examine documentation and titles to confirm facts relating to transactions
  • 1.3 Define and confirm with client, searches to be performed prior to commencement
  • 1.4 Identify and arrange required reports with the appropriate bodies to meet agreed timelines
  • 1.5 Identify applicable fees, taxes, other expenses and rebates, and promptly and accurately advise client
2 Perform relevant document searches and investigations
  • 2.1 Accurately and thoroughly perform searches using appropriate methods
  • 2.2 Establish and record legal positions in accordance with the practice’s policy and procedures
  • 2.3 Obtain required third-party reports from the appropriate bodies
3 Evaluate issues arising with transaction
  • 3.1 Identify, summarise and communicate legal issues and risks to client clearly and promptly and in accordance with relevant legislation, regulations and the practice’s policy and procedures
  • 3.2 Define and clarify client’s rights within the transaction for the client
  • 3.3 Establish desired outcomes and devise strategies to achieve them in consultation with client
  • 3.4 Thoroughly assess implications for professional indemnity insurance and take appropriate action
4 Deal with third parties and other professionals
  • 4.1 Identify relevant third parties and other professionals
  • 4.2 Identify information to be obtained from or provided to third parties and other professionals
  • 4.3 Conduct appropriate consultation with third parties and other professionals and obtain authorities
5 Present information relevant to transaction to client
  • 5.1 Present documentation clearly and promptly and in accordance with relevant legislation and regulations and the practice’s policy and procedures
  • 5.2 Record and document information necessary for the transaction to proceed in a legally binding manner in client files
  • 5.3 Advise client of the implications of all information received from or forwarded to relevant parties
No information
No information
Replaces
State Code National Code Title Type
D4080 FNSCNV601A Identify and conduct searches Unit of competency
Replaced By
State Code National Code Title Type
OCG21 BSBCNV615 Interpret search results for a conveyancing transaction Unit of competency
State Code National Code Title Type
AVV4 BSB52015 Diploma of Conveyancing Qualification
AVU5 BSB61115 Advanced Diploma of Conveyancing Qualification