CPPDSM4008A – Identify legal and ethical requirements of property sales to complete agency work
This unit of competency specifies the outcomes required to meet the core legal and ethical requirements associated with property sales. This includes awareness of the legislation relating to property sales, the role and responsibility of agency personnel in property sales, the administration of sales transactions and the completion of sales documentation.
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.
Assessment Information for Participants
Assessing your competence in this unit
In this unit you must be able to demonstrate your underpinning knowledge and ability to perform the tasks relating directly to the learning outcomes and performance criteria. This means that you have to demonstrate that you are competent at interpreting the legislation applicable to property sales processes, and can correctly apply ethical principles in your dealings with clients.
This assessment pack includes three forms of assessment:
· Multiple Choice Questions (Part A)
· Written Answer Questions (Part B)
· Case Study (Part C)
Part A — Multiple Choice questions
This section contains 21 questions. Please carefully read each question before answering. Most questions are multiple choice and you should circle the letter of the responses which best answers the question or completes the statement most accurately. Some questions may have more than one correct answer, and that is indicated in the question itself.
For true / false questions, i le eithe the o d t ue o 'false to at h you espo se to the question.
In mix and match questions, you are required to match the column of key words presented on the left hand column to the right hand column.
Part B - Short Question Answers:
Part B of this assessment comprises a series of questions relating to the elements and performance criteria for this unit of competency. The questions have been mapped to the assessment criteria for this unit of competency, as well as to the required skills and knowledge and understanding.
Answers should be one or two paragraphs in length, and, where appropriate, mention the applicable legislation
Part C - Case Study
In Part C of the assessment you will be required to answer the questions in the case study scenarios. The case studies should be completed after you have submitted your assessment work for Parts A, and B.
Your assessor will be looking to see how you respond to questions and for the skills and knowledge that you would need to apply to a satisfactory standard.
The timescale for return of your written questions and answers will be advised by your trainer / assessor.
An assessment of competence is based upon the answers you provide in all three parts of this assessment
Submit to your assessor:
§ All assessments from this assessment kit.
§ All relevant signatures and dates where specified
§ Any other evidence required by your assessor.
§ Ensure every page of your assessment is clearly marked with your name and signature.
Note: If you are posting your assessments, please ensure that you retain your own copy of this assessment prior to posting your original.
If your assessor assesses you as Not yet competent or Not yet satisfactory you will be given oral and/or written feedback on areas needing improvement.
You will be provided with additional opportunities to achieve competency. This could include re-submitting the written questions and answers or completing additional projects. Timeframes for resubmissions or additional projects will be negotiated with your assessor.
In certain circumstances, alternative assessment methods may be used and these will be discussed and agreed with you.
For further information on our assessment processes, grading, appeals and plagiarism, please refer to the Leverage Participant Handbook, available on our website at: http://www.leveragegroup.com.au/leverage-academy/participant-handbook/
You are encouraged to provide feedback of the assessment as part of our on-going continuous improvement practices.
Recognition of Prior Learning
If you have extensive and current experience in the requirements of this unit, you may be eligible to apply for Recognition of Prior Learning (RPL) as an alternative method of assessment. If you believe that this applies to you, please ask your trainer or assessor about applying for Recognition of Prior Learning.
Part A – Multiple Choice Questions
· This section contains 21 questions. Please read each question carefully before answering.
· Most questions are multiple-choice, and you should circle the letter of the response(s) that answers the question best or completes the statement most accurately.
· Some questions may have more than one correct answer, and that is indicated in the question itself.
· For True / False questions, circle either the word T ue or 'False to at h you espo se to the question.
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