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Qualification details

BSB60220 - Advanced Diploma of Conveyancing (Release 1)

Summary

Usage recommendation:
Current
Mapping:
MappingNotesDate
Supersedes BSB52015 - Diploma of Conveyancing 18/Oct/2020
Supersedes BSB61115 - Advanced Diploma of Conveyancing 18/Oct/2020

Release Status:
Current
Releases:
ReleaseRelease date
1 1 (this release) 19/Oct/2020


Units of competency

CodeSort Table listing Units of Competency by the Code columnTitleSort Table listing Units of Competency by the Title columnUsage RecommendationSort Table listing Units of Competency by the Usage Recommendation columnEssentialSort Table listing Units of Competency by the Essential column
FNSORG601 - Negotiate to achieve goals and manage disputesNegotiate to achieve goals and manage disputesCurrentElective
BSBCNV616 - Comply with tax obligations in a conveyancing transactionComply with tax obligations in a conveyancing transactionCurrentCore
BSBPEF501 - Manage personal and professional developmentManage personal and professional developmentCurrentElective
BSBOPS504 - Manage business riskManage business riskCurrentElective
FNSPRM601 - Establish, supervise and monitor practice systems to conform with legislation and regulationsEstablish, supervise and monitor practice systems to conform with legislation and regulationsSupersededElective
BSBCNV612 - Identify and apply legal requirements for a conveyancing transactionIdentify and apply legal requirements for a conveyancing transactionCurrentCore
BSBCNV615 - Interpret search results for a conveyancing transactionInterpret search results for a conveyancing transactionCurrentCore
BSBCNV512 - Finalise the conveyancing transactionFinalise the conveyancing transactionCurrentCore
FNSORG602 - Develop and manage financial systemsDevelop and manage financial systemsCurrentElective
BSBLEG523 - Apply legal principles in tort law mattersApply legal principles in tort law mattersCurrentElective
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Classifications

SchemeCodeClassification value
ANZSCO Identifier 599111 Conveyancer 
ASCED Qualification/Course Field of Education Identifier 0811 Banking, Finance And Related Fields 
Qualification/Course Level of Education Identifier 411 Advanced Diploma 
Taxonomy - Industry Sector N/A Business Services 
Taxonomy - Occupation N/A Conveyancer,Conveyancing Manager 

Classification history

SchemeCodeClassification valueStart dateEnd date
ANZSCO Identifier 599111 Conveyancer 17/Dec/2020 
ASCED Qualification/Course Field of Education Identifier 0811 Banking, Finance And Related Fields 17/Dec/2020 
Qualification/Course Level of Education Identifier 411 Advanced Diploma 19/Oct/2020 
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Modification History

Release  

Comments  

Release 1

This version first released with BSB Business Services Training Package Version 7.0.

Qualification Description

This qualification reflects the role of individuals who are responsible for conveyancing work, team leadership and/or the management of a practice. These individuals may be a Licensed Conveyancer or Settlement Agent.

These individuals apply specialist skills and knowledge in a range of situations to deal with complex situations and issues. They work across a broad range of technical and management functions with accountability for personal outputs and may also be responsible for team outcomes.

Licensing/Regulatory Information 

Conveyancing is a licensed occupation. Licensing regimes for conveyancers differ between States and Territories in Australia. Contact the relevant licensing body for advice to determine the most appropriate pathway to satisfy licensing requirements within a particular State or Territory.

Entry Requirements

Nil

Packaging Rules

Total number of units = 15 

9 core units  plus

6 elective units,  of which:

  • 3 elective units must be selected from Group A
  • 1 elective unit must be selected from Group B
  • for the remaining 2 elective units:
  • up to 2 units may be selected from Groups A and B
  • if not listed, up to 2 units may be selected from a Diploma or Advanced Diploma from this or any other currently endorsed Training Package qualification or accredited course.

Elective units must be relevant to the work environment and the qualification, maintain the integrity of the AQF alignment and contribute to a valid, industry-supported vocational outcome.

Core units 

BSBCNV511 Take instructions in relation to a conveyancing transaction

BSBCNV512 Finalise the conveyancing transaction

BSBCNV611 Interpret a legal document and provide advice in a conveyancing transaction

BSBCNV612 Identify and apply legal requirements for a conveyancing transaction

BSBCNV613 Prepare legal documents for a conveyancing transaction

BSBCNV614 Apply principles of trust accounting

BSBCNV615 Interpret search results for a conveyancing transaction

BSBCNV616 Comply with tax obligations in a conveyancing transaction

BSBLEG522 Apply legal principles in contract law matters

Elective units 

Group A – Conveyancing 

BSBLEG421 Apply understanding of the Australian legal system

BSBLEG523 Apply legal principles in tort law matters

BSBLEG528 Apply legal principles in property law matters

BSBLEG529 Apply legal principles in corporation law matters

FNSACC413 Make decisions in a legal context

FNSINC401 Apply principles of professional practice to work in the financial services industry

Group B – Transferable Skills 

BSBAUD601 Establish and manage compliance management systems

BSBESB402 Establish legal and risk management requirements of new business ventures

BSBFIN501 Manage budgets and financial plans

BSBOPS504 Manage business risk

BSBPEF501 Manage personal and professional development

FNSORG601 Negotiate to achieve goals and manage disputes

FNSORG602 Develop and manage financial systems

FNSPRM601 Establish, supervise and monitor practice systems to conform with legislation and regulation

Qualification Mapping Information

No equivalent qualification. Supersedes but is not equivalent to:

  • BSB52015 Diploma of Conveyancing
  • BSB61115 Advanced Diploma of Conveyancing.

Links

Companion Volume Implementation Guides are available from VETNet - https://vetnet.gov.au/Pages/TrainingDocs.aspx?q=11ef6853-ceed-4ba7-9d87-4da407e23c10

Companion Volume Implementation Guide is found on VETNet - https://vetnet.gov.au/Pages/TrainingDocs.aspx?q=11ef6853-ceed-4ba7-9d87-4da407e23c10