CPD Core Competency Areas for Property Lawyers
Issues covered include: Property valuation, GST Withholding Regime, Tax, Ethics misrepresentation, misleading conduct, real estate, valuation reports, conveyancing, residential propety, foreign resident capital gains tax withholding.
Description
Your practice and your reputation are on the line with every property matter you work on, and any one of them can go from routine to disastrous with one misstep. Gain the latest information and essential strategies you need to avoid slipups and keep your practice on the right foot all while pinning down your core area CPD points for the year.
Attend and earn 3 CPD points including:
1 point in Competency Area 1: Practice Management
1 point in Competency Area 2: Professional Skills
1 point in Competency Area 3: Ethics & Professional Responsibility
This seminar was recorded in WA on 13 March 2019
Chair: Mark Borrello, Managing Principal, LSV Borrello Lawyers; Recommended Property & Real Estate Lawyer, Doyle’s Guide 2018
Competency Area 1: Practice Management
2.00pm to 3.00pm: Property Valuation and Your Practice
- Property valuation standards and best practices
- The latest issues: insights for property lawyers and practitioners
- Understanding valuation reports, how they’re created, what they say (and don’t say), and their limitations
- How to best work with a valuer for optimal results in property matters
Presented by Blake Lieschke, State Director Residential Valuations, LMW; Certified Practising Valuer
Competency Area 2: Professional Skills
3.00pm to 4.00pm: Navigating the New GST Withholding Regime and Other Recent Tax Changes
- GST: the new GST withholding regime and increased conveyancing complexity
- The purchaser’s new role as a ‘tax collector’
- Understanding the new duties, notice and reporting requirements
- Identifying ‘potential residential land’ and the implications
- Dealing with foreign resident capital gains tax withholding changes
Presented by Michelle Maynard, Partner, Carbon Group
4.00pm to 4.15pm Afternoon Tea
Competency Area 3: Ethics & Professional Responsibility
4.15pm to 5.15pm: Ethical Issues in Property: Potential Disaster Lurking Beneath Every Matter
- Town planning, environmental and contaminated sites issues
- Misrepresentations and misleading conduct in real estate transactions
- Dealing with clients: costs, communication and disputes
- Acting for multiple parties: what’s allowed, how you can resolve conflicts and the perils of failing to do so
- Dealing with practitioners: professionalism, communication and the impact of new technologies
Presented by Tim Houweling, Partner, Cornerstone Legal