CHCSOH023 — Acquire properties by purchase or transfer

1 Formulate terms and conditions of contracts or transfer agreements.

• 1.1Formulate draft contract or transfer agreement terms and conditions to protect client interests and meet organisational and legislative requirements.
• 1.2Issue instructions to legal consultants to prepare draft contract or transfer agreement.
• 1.3Convey draft terms and conditions to the relevant parties and agents prior to negotiations.

2 Negotiate terms and conditions.

• 2.1Negotiate contract or transfer agreement form and contents with interested parties.
• 2.2Ensure contract or agreement is signed by all parties once consensus has been reached on the form and content.
• 2.3Forward signed contract or agreement to legal or conveyancing services.

3 Confirm acceptability of contract or agreement.

• 3.1Conduct due diligence checks on property and record findings.
• 3.2Issue instructions to consultants for property inspection.
• 3.3Liaise with relevant parties regarding property upgrade and maintenance requirements.
• 3.4Confirm availability of finance.
• 3.5Confirm pre-purchase and transfer inspection reports.

4 Prepare for exchanges and transfers.

• 4.1Organise financial deposit if required for exchanges and transfers.
• 4.2Confirm documentation required for exchanges and transfers.
• 4.3Prepare and amend contracts and transfer agreements ready for exchanges and transfers.

5 Exchange contracts and transfer documentation.

• 5.1Confirm contracts are identical and as agreed.
• 5.2Exchange contracts and deposit as required for transfer.
• 5.3Date contracts for each party.

6 Prepare for settlement.

• 6.1Conduct and arrange statutory enquiries.
• 6.2Issue requisitions on title.
• 6.3Prepare transfer document.
• 6.4Complete all pre-transfer financial obligations.
• 6.5Submit stamp duty and documentation required for settlement.
• 6.6Send stamped transfer to vendor for execution.
• 6.7Arrange settlement time, date and finance.

7 Confirm legal transfer.

• 7.1Attend settlement.
• 7.2Obtain final search on property for encumbrances.
• 7.3Conduct handover of title and transfer document.
• 7.4Check documentation.
• 7.5Conduct handover of finances.
• 7.6Register documents with statutory authority.
• 7.7Accept new land issues in purchaser’s name.

8 Document asset to property portfolio.

• 8.1Enter details into property management system.
• 8.2File property documentation.

What does an assessment tool for CHCSOH023 need to cover?

To satisfy the Principles of Assessment and Rules of Evidence, an assessment for CHCSOH023 needs to address all 44 unit components: 8 elements with 33 performance criteria, 2 performance evidence requirements, 9 knowledge evidence requirements, and the foundation skills. A coverage matrix mapping each question and task to these components is what an auditor looks for.

How does Auditori generate an assessment tool for CHCSOH023?

Auditori pulls the current release of CHCSOH023 from training.gov.au and generates a complete package: candidate assessment, assessor guide with model answers and observation criteria, and a coverage matrix mapping every component. A suitably qualified person then reviews and approves the draft in a built-in workflow — consistent with ASQA's guidance on AI use in VET — before export as branded PDF and editable Word.

Is the first assessment tool really free?

Yes. Every new account includes one free credit — enough to generate the complete assessment tool for CHCSOH023 — with no card and no subscription required. After that it's pay-as-you-go per unit.

Can I check my existing CHCSOH023 assessment instead of generating a new one?

Yes — upload your existing assessment or learner guide and Auditori maps it against every element, performance criterion, PE and KE of CHCSOH023, showing exactly what's covered and what's missing. Mapping costs a quarter of a credit.