This unit specifies the skills and knowledge required to establish a commercial property lease.

It includes working with potential lessees to assess their suitability for the lease and obtain agreement to lease terms and conditions following lessor instructions. It also includes preparing and administering lease documentation, approvals and payments and negotiating with parties to the lease to formalise lease arrangements.

The unit applies to industry professionals in real estate.

State or territory licensing requirements may apply to this unit.

You may want to include more information here about the target group and the purpose of the assessments (eg formative, summative, recognition)

List each assessment task's title, type (eg project, observation/demonstration, essay, assingnment, checklist) and due date here

Assessment task 1: [title]      Due date:

(add new lines for each of the assessment tasks)

Copy and paste from the following data to produce each assessment task. Write these in plain English and spell out how, when and where the task is to be carried out, under what conditions, and what resources are needed. Include guidelines about how well the candidate has to perform a task for it to be judged satisfactory.

Copy and paste from the following performance criteria to create an observation checklist for each task. When you have finished writing your assessment tool every one of these must have been addressed, preferably several times in a variety of contexts. To ensure this occurs download the assessment matrix for the unit; enter each assessment task as a column header and place check marks against each performance criteria that task addresses.

Observation Checklist

Tasks to be observed according to workplace/college/TAFE policy and procedures, relevant legislation and Codes of Practice	Yes	No	Comments/feedback
Respond promptly to lessee enquiry and identify their needs and preferences.
Discuss property features and usage requirements with lessee according to type of property and lease.
Assess lessee suitability against property usage and lessor instructions.
Provide additional information to lessee as required and obtain agreement to proceed with lease.
Record details of interactions with lessee according to agency requirements.
Prepare pre-lease documentation, setting out terms and conditions of lease and proposed agreement between lessor and lessee.
Brief lessee on lease terms and conditions and provide required information or advice to address issues or concerns.
Confirm with lessee required bonds, rent reviews, outgoings and financial obligations.
Negotiate terms and conditions of lease with lessee according to lessor instructions and type of commercial property.
Identify and resolve issues that may impact agreement of the lease terms and conditions.
Maintain communication with lessee and lessor to negotiate variations to conditions of agreement.
Negotiate conflict or deadlocks and confirm final lease agreement.
Administer required lease approvals and payments according to lease agreement.
Execute lease documentation and facilitate lease registration.
Check understanding of responsibilities and obligations with parties to the lease.
Secure lease records according to agency requirements.

Assessment Cover Sheet

CPPREP4204 - Establish commercial property lease

Assessment task 1: [title]

Student name:

Student ID:

I declare that the assessment tasks submitted for this unit are my own work.

Student signature:

Result: Competent Not yet competent

Feedback to student

 

 

 

 

 

 

 

 

Assessor name:

Signature:

Date:

Assessment Record Sheet

CPPREP4204 - Establish commercial property lease

Student name:

Student ID:

Assessment task 1: [title] Result: Competent Not yet competent

(add lines for each task)

Feedback to student:

 

 

 

 

 

 

 

 

Overall assessment result: Competent Not yet competent

Assessor name:

Signature:

Date:

Student signature:

Date: