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Property Law Fundamentals – Parts 1 & 2

Property Law Fundamentals – Parts 1 & 2

Date & TimeThursday 20 February 2020 12–4.30pm and
Monday 24 February 2020 12–4.30pm
Format Workshop
Price

Member

$710.00

Non-Member

$830.00

CPD Units 8
  • Professional Skills
  • Substantive Law
Venue LIV, Level 13, 140 William Street, Melbourne View Map

Exclusive LIV Member Offer: Early Bird Discount
Book online by February 12 and receive 20% off the member price*

Delivered over two-half day sessions, this workshop equips you with a comprehensive understanding of real property transactions in Victoria. Develop the practical skills required to confidently conduct property transactions for your clients through an exploration of key legal concepts, issues and processes behind sale of land and commercial leasing transactions. Benefit from opportunities to put your new learning into practice, including guided completion of key transaction documents, and participate in collaborative group exercises to address common adverse situations that may arise in real property matters.

Further details below.

Further Details

  • Full Description


    *Exempt from the Early Bird offer are CLC and YL members. The registration fee for these membership categories is $532.50.


    Property lawyers, conveyancers, and clerks commonly deal with matters involving the sale or acquisition of land, and commercial leasing. If you have just begun practising or working in this area, the complexity and variety of issues and processes associated with these transactions may be overwhelming, and it can be difficult to see how multiple layers of law and regulation fit together within a single transaction. When a client engages you to handle their property matter, they are putting their confidence in your knowledge of fundamental legal concepts, relevant legislative requirements, as well as the intricate procedural steps that must be followed to deal with, and protect, their interests.

    The Property Law Fundamentals series explores key legal concepts, issues, and processes behind sale of land and commercial leasing transactions, and gives you opportunities to put your new learning into practice.

    PART 1 ( 20 February):

    Legal & Regulatory Fundamentals for the Sale of Land & Commercial Leasing

    Part 1 delivers essential theoretical and practical knowledge to help you to practise successfully in this area. In this session, you will learn to identify and understand the relationship between key legal issues and legislative requirements for land transactions, and become familiar with key transaction documents. In relation to commercial leasing, you will work through the leasing process, and discuss strategies for dealing with common issues and mistakes. 

    This session covers:

    1. Legal and regulatory fundamentals

    • Legal concepts relating to land: Distinguishing between land and personal property
    • Applicable legislative framework for land in Victoria, including the Property Law Act 1958 (Vic), the Transfer of Land Act 1958 (Vic)

    2. Leasing land in Victoria

    • Fundamentals for leasing land in Victoria: Legal concepts and key legislation, including the Property Law Act 1958 (Vic), the Retail Leases Act 2003 (Vic) and the Residential Tenancies Act 1997 (Vic)
    • Introduction to key transaction documents: Agreement for Lease, Lease, Deeds of Sublease, Transfer, and Renewal
    • Retail and commercial leasing: consequences of leasing under the Retail Leases Act 2003 (Vic)
    • Issues and drafting strategies for landlords and tenants: Security deposits and guarantees, repair and maintenance obligations, breach, termination, and rent review

    3. Sale and acquisition of land

    • Fundamentals for the sale of land in Victoria: Sale of Land Act 1962 (Vic)
    • Key transaction documents: Contracts of Sale and Vendor’s Statements
    • Common mistakes for vendors and purchaser, cooling off rights, and deposits/guarantees

    PART 2 (24 February):

    Sale & Acquisition of Land – The Fundamentals of Conveyancing

    Part 2 delivers essential theoretical and practical knowledge by working through the conveyancing process from start-to-finish; from reviewing and drafting contractual documents to- settlement. This workshop uses paper-based documents to familiarise you with the laws and processes for conveyancing generally, which underpin and are reflected in the electronic conveyancing process. In doing so, this workshop prepares you for learning how to use electronic conveyancing software in detail, and to understand how the law applies to the electronic process.

    This session will cover:

    • Fundamentals for the sale and acquisition of land, and the Sale of Land Act 1962 (Vic), focusing on the conveyancing process and identifying practical resources and guides
    • The conveyancing process from start to finish: from the time of pre-purchase due diligence to post-settlement procedures
    • Getting the paperwork right: drafting for common issues in key transaction documents, and completing instruments necessary for settlement
    • Key issues for conveyancing in the electronic era: how the law relates to the electronic conveyancing process, such as verification of identify, and protecting your client
  • Presenter

    Dr Vanessa Johnston, Lecturer, Monash University

    Vanessa is a Chief Examiner of property law at Monash University. She teaches and researches in property law, issues around sustainability and climate change. She has over 8 years’ experience in private practice in small and mid-tier law firms, advising clients in relation to the sale and acquisition of land and business, commercial leasing, and property-related taxes.

  • Feb-March 2020 CPD Program


    Make your points count with the LIV.

    Developed in collaboration with industry experts, the all new CPD program covers 19 practice areas, all areas of Accredited Specialisation, all compulsory compliance areas and all career stages. Choose from a variety of options and formats to fit your busy schedule.

    Click here to learn more about our 2020 CPD program.

    Click here to view additional professional development focused on Property Law.