Unit of competency Outline

Date retreived
22/07/2026 11:09 PM 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.

Lease industrial, commercial and retail property

Lease industrial, commercial and retail property

Unit of competency
National Code
CPPDSM4050A
State Code
D1294
TGA Status
Replaced
DTWD Status
Replaced
Current Release Number
1.00
Current Release Date
07/04/2011
State Implementation and Classification
Approved Date
28/10/2008
Field of Education
080503 - Real Estate
Original Release Date
28/10/2008
Nominal Hours
40
Description
This unit of competency specifies the outcomes required to lease listed industrial, commercial and retail properties. It includes qualifying lessees, conducting property inspections, negotiating the terms and conditions of leases, coordinating completion of lease documentation and reviewing leasing arrangements.The unit may form part of the licensing requirements for persons engaged in real estate activities in those States and Territories where these are regulated activities.
Notes
Elements and Performance Criteria
1Qualify lessees.
  • 1.1 Enquiriesfrom potential lessees regarding lease of property are handled promptly to enable high quality service delivery in line with agency requirements.1.2 Appropriate rapport is established with potential lessees.1.3 Enquiries from potential lessees are qualified to determine their preferences, needs, financial limits and capacity to pay in line with agency practice, ethical standards and legislative requirements.1.4 Factors likely to influence the lease of properties are identified and potential lessees' intentions are clarified.
  • 1.5 Discussions with potential lessees are undertaken using promotional materials and effective interpersonal communication techniques to identify and match stated requirements with known listings.1.6 Strategies for assisting potential lessees to decide to view properties are implemented in line with agency practice, ethical standards and legislative requirements.1.7 Agency records associated with prospective lessee enquiries are completed in line with agency practice.
2Undertake property inspection.
  • 2.1 Appointments are made for property inspections in line with agency practice, ethical standards and legislative requirements.2.2 Preparations are made for property inspection in line with agency practice.2.3 Procedure for property inspections is implemented in line with agency practice.2.4 Promotional material on the property is used to describe main features of the property and lease terms and conditions.2.5 Effective questioning techniques are used to clarify prospective lessee interest in the property.2.6 Agency documentation associated with inspections is completed in line with agency practice.
3Negotiate terms and conditions of lease.
  • 3.1 Terms and conditions of lease are negotiated with lessee in line with lessor instructions, agency practice, ethical standards and legislative requirements.3.2 Negotiation approach is established in line with lessor instructions, agency practice and legislative requirements.3.3 Negotiation is conducted in a professional manner, including showing respect for lessor and lessee in line with agency practice, ethical standards and legislative requirements.3.4 Effective negotiation techniques are used to persuade and reach agreement with lessor and lessee.
  • 3.5 Possible solutions are discussed and their viability assessed.3.6 Effective techniques are used for dealing with conflict and breaking deadlocks where required.3.7 Final position is confirmed, ensuring agreement and understanding of lessor and lessee.3.8 As necessary, follow-up communication or reports are provided to lessor and lessee to confirm any adjustments required to conditions of agreement.
4Arrange lease agreement.
  • 4.1 Lease agreement is arranged in line with agency practice and legislative requirements.4.2 Appropriate interpersonal techniques are used to facilitate an accurate and relevant exchange of information with legal advisers.4.3 Lease documentation is reviewed for accuracy and to ensure it meets client instructions, agreements with lessee, legislative requirements and agency practice.4.4 Necessary amendments to documents are arranged prior to execution in line with legislative requirements and agency practice.
5Formalise lease arrangements.
  • 5.1 Lease arrangements are implemented in line with client instructions, agency practice and legislative requirements.5.2 Lease documentation is distributed to relevant people to enable necessary stamping and registration to occur.
  • 5.3 Copies of lease contracts are distributed to contracting parties to confirm respective obligations in line with legislative requirements and agency practice.5.4 Leasing documentation is completed in line with legislative requirements and agency practice.5.5 Lease records and relevant information are securely stored in line with legislative requirements and agency practice.
6Review leasing arrangements.
  • 6.1 Leasing arrangements and documentation are reviewed in line with client instructions, legislative requirements and agency practice.6.2 Variations to leasing requirements are identified and negotiated with relevant people and amendments are made in line with client instructions, legislative requirements and agency practice.6.3 Lease arrangements are monitored to ensure they meet the obligations of the lease agreement and relevant legislative requirements and agency practice.6.4 Business equipment and technology are used to maintain relevant documentation securely in line with legislative requirements and agency practice.
RANGE STATEMENT
The range statement relates to the unit of competency as a whole. It allows for different work environments and situations that may affect performance. Bold italicised wording in the performance criteria is detailed below. Add any essential operating conditions that may be present with training and assessment depending on the work situation, needs of the candidate, accessibility of the item, and local industry and regional contexts.
Enquiries from potential lessees may be received through:
advertising
email
inspections
office
referral
telephone
website.
Lease may include:
business
commercial
industrial
retail.
Property may include:
commercial properties
industrial properties
retail properties
specialist business properties, such as marinas, hotels, open space, resorts and caravan parks.
Appropriate rapport relates to use of techniques that:
establish and build confidence and trust in the agency and its representatives
make the lessee or lessor feel valued
promote and maintain an effective relationship with the prospective lessee or lessor.
Legislative requirements may include:
relevant federal, and state or territory legislation and local government regulations relating to:
anti-discrimination and equal employment opportunity
consumer protection
employment
environmental issues
franchises and business structure
industrial relations
leases
OHS
privacy
trade practices
zoning.
Promotional materials may include:
agency email and website details
agent business card
agent and agency profile
brochures
description of property
list properties for lease
pamphlets
testimonials from past clients
website.
Effective interpersonal communication techniques may include:
active listening
providing an opportunity for the client to clarify their understanding of the sales process
soft questioning and seeking feedback from the client to confirm own understanding of their needs and expectations
summarising and paraphrasing to check understanding of client message
using appropriate body language.
Effective questioning techniques may include:
active listening
clear questions
different question types
reflection
using silences.
Terms and conditions of lease may include:
default provisions
dispute resolution process
duration
equipment and services
general rules that apply to all lessees in property
goodwill
gross or nett lease
GST
insurance
options for extending period of lease
outgoings
permitted uses and access, including:
car parking
competitors
expansion or sale of business
hours of operation
licences
rights to use common areas
zoning
personal guarantees
power of attorney
rent, including:
method of calculation
rent increases
renewal of lease or tenancy agreement, including:
exercise of option to renew
option to renew
renewal period
rent
repairs and maintenance
security
security bond or deposit
tenancy mix
termination of lease or tenancy agreement.
Effective negotiation techniques may include:
analytical skills
listening techniques
non-verbal communication skills
personal attributes
presentation techniques
questioning techniques
speaking skills.
Effective techniques for dealing with conflict and breaking deadlocks may include:
calling in a third party
clarifying the positions of both parties
deferring the decision
preparing a compromise
restating the position
summarising the progress to date.
Lease agreements may include:
acceptance and consideration
agreement to lease
heads of agreement
letters of intent
negotiations containing offers
relative lessee or lessor obligations.
Business equipment and technology may include:
computers and data storage devices
email
facsimile machines
internet, extranet and intranet
photocopiers
printers
scanners
software applications.
EVIDENCE GUIDE
The evidence guide provides advice on assessment and must be read in conjunction with the performance criteria, required skills and knowledge, the range statement and the Assessment Guidelines for this Training Package.
Overview of assessment
This unit of competency could be assessed through practical demonstration of arranging and completing the lease of industrial, commercial and retail property. Targeted written (including alternative formats where necessary) or verbal questioning to assess the candidate's underpinning knowledge would provide additional supporting evidence of competence. The demonstration and questioning would include collecting evidence of the candidate's knowledge and application of ethical standards and relevant federal, and state or territory legislation and regulations. This assessment may be carried out in a simulated or workplace environment.
Critical aspects for assessment and evidence required to demonstrate competency in this unit
A person who demonstrates competency in this unit must be able to provide evidence of:
completing lease arrangements, including relevant agency and statutory documentation, in line with agency practice, ethical standards and legislative requirements
conducting inspections for prospective lessees in line with agency practice, ethical standards and legislative requirements
knowledge of agency practice, ethical standards and legislative requirements associated with the lease of industrial, commercial and retail property
knowledge of consumer protection principles and the rights and obligations of licensed real estate agents and real estate representatives in regard to retail leases
monitoring lease arrangements against lease agreement requirements, and safely and securely maintaining all relevant documentation
negotiating terms and conditions of industrial, commercial and retail leases in line with agency practice, ethical standards and legislative requirements
qualifying lessees in line with agency practice, ethical standards and legislative requirements
recording lease arrangements in line with agency practices.
Context of and specific resources for assessment
Resource implications for assessment include:
access to suitable simulated or real opportunities and resources to demonstrate competence
assessment instruments that may include personal planner and assessment record book
access to a registered provider of assessment services.
Where applicable, physical resources should include equipment modified for people with disabilities.
Access must be provided to appropriate learning and/or assessment support when required.
Assessment processes and techniques must be culturally appropriate, and appropriate to the language and literacy capacity of the candidate and the work being performed.

Validity and sufficiency of evidence require that:
competency will need to be demonstrated over a period of time reflecting the scope of the role and the practical requirements of the workplace
where the assessment is part of a structured learning experience the evidence collected must relate to a number of performances assessed at different points in time and separated by further learning and practice with a decision of competence only taken at the point when the assessor has complete confidence in the person's competence
all assessment that is part of a structured learning experience must include a combination of direct, indirect and supplementary evidence
where assessment is for the purpose of recognition (RCC/RPL), the evidence provided will need to be current and show that it represents competency demonstrated over a period of time
assessment can be through simulated project-based activity and must include evidence relating to each of the elements in this unit.
In all cases where practical assessment is used it will be combined with targeted questioning to assess the underpinning knowledge. Questioning will be undertaken in such a manner as is appropriate to the language and literacy levels of the candidate and any cultural issues that may affect responses to the questions, and will reflect the requirements of the competency and the work being performed.
Replaced By
State Code National Code Title Type
OAQ60 CPPREP4204 Establish commercial property lease Unit of competency
State Code National Code Title Type
D222 CPP40307 Certificate IV in Property Services (Real Estate) Qualification