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Elements and Performance Criteria

  1. Establish lease requirements.
  2. Arrange lease agreement.
  3. Formalise lease arrangements.
  4. Review lease arrangements.

Range Statement

This section specifies work environments and conditions that may affect performance. Essential operating conditions that may be present (depending on the work situation, needs of the candidate, accessibility of the item, and local industry and regional contexts) are included. Bold italicised wording, if used in the performance criteria, is detailed below.

Space must include at least one of the following:

buildings

car parking

facilities

land

lettable areas

properties.

Client needs must include at least two of the following:

developing fit-out guidelines for builders

facilitating transaction by separately meeting with fit-out and legal advisers

managing fit-outs to preserve building services

observing building rules.

Lease agreements must include:

acceptance and consideration

agreement to lease

building rules

existing partitioned space

fit-outs

heads of agreement

lessee and lessor obligations

letters of intent

negotiations containing offers.


Performance Evidence

A person demonstrating competency in this unit must satisfy all of the elements, performance criteria, foundation skills and range of conditions of this unit.

The person must also arrange and formalise a lease for the use of three of the following different spaces:

building

car park

facility

land

lettable area

property.

For each of the above spaces, the person must:

determine requirements for lease of space through an accurate assessment of client needs and identification of lease terms and conditions

devise and market retention strategies to selected tenants

implement lease arrangements, including appointing an agent to facilitate the completion of lease arrangements

apply knowledge of organisation’s practices, ethical standards and legislative requirements associated with the lease of space

monitor lease arrangements against lease agreement requirements, and safely and securely maintain associated documentation

organise the preparation of lease documentation, reviewing it for accuracy and arranging necessary amendments.


Knowledge Evidence

A person demonstrating competency in this unit must demonstrate knowledge of:

common lease terms and conditions

contract law applied to property leasing

government duties and taxes as applied to lease documentation

legal operations for lease preparation

limitations of own work role, responsibilities and professional abilities

organisational and professional procedures, ethical practices, and business standards relating to arranging leases

key requirements of federal, state or territory legislation and local government regulations relating to:

anti-discrimination

consumer protection

environmental issues

equal employment opportunity (EEO)

financial probity

privacy

property sales, leasing and management

work health and safety (WHS)

types of property leases

WHS issues and requirements relating to arranging lease of spaces.