Elective – Property Transaction Legal Requirements (1 Hour)

Licence Class: Class 1, Class 2
CPD Allocation: 1 Hour
CPD Category: Elective
CPD Learning Area: Property Transaction Legal Requirements

Sponsored by:

Method of Delivery: This is a Webinar (On-Demand), available to be watched and the assessment completed at your convenience, on the SCA e-Learning Platform any time before the end of the CPD Year (23 March 2021 – 22 March 2022).

Course Format:

• Recorded Webinar
• Online Assessment

Presenters:

• Jessica Bates, Grace Lawyers
• Jessica Kaye, Jamesons Strata Management

Topic Overview

Strata Managing Agents are vital in assisting owners in their transition into and out of strata schemes. This session will focus on the legal requirements of owners pursuant to the Strata Schemes Management Act 2015 and the Conveyancing Act 1919.

In addition, this session will highlight where agents can improve their communication for owners buying into strata schemes.

Suggestions for agency improvement around the issuance of introduction packs and notifications to new owners will also be part of this session.

Learning Outcomes

Participants will gain an understanding of the property transaction process, particularly around the following sections of the Strata Schemes Management Act 2015:

• Section 22 – What is included in a ‘Strata Interest Notice’ and how agencies should be dealing with the receipt of the same
• Sections 182/183 – The legal requirements in relation to strata record inspection (strata search) and how to facilitate the process in a post-COVID19 world
• Section 184 – What must be included in a ‘Strata Information Certificate’ and to facilitate the process.

Attendees will also understand the property transaction process as outlined in the Conveyancing Act 1919 and how strata managers can assist the process.

Assessment Delivery and Certificates 

Assessments are multiple-choice. Access to assessments is provided to students on the SCA e-Learning Platform.

Upon successful completion of assessments, students will receive their Certificates via email, and can download them from the SCA e-Learning Platform at their convenience.

Education Terms and Conditions can be found in our Education Handbook.