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MODULE DESCRIPTOR
Module Title
Commercial Conveyancing
Reference LLM197 Version 3
Created August 2023 SCQF Level SCQF 11
Approved September 2018 SCQF Points 15
Amended September 2023 ECTS Points 7.5

Aims of Module
To develop knowledge and understanding of commercial conveyancing transactions including detailed examination, drafting and revising commercial leases, assignation, sub lets and licence to occupy, purchase and sale of investment property, overview of Bank Certificate of Titles, and issues involved in purchasing and selling development property including examination of Overage Agreements.

Learning Outcomes for Module
On completion of this module, students are expected to be able to:
1 Understand and apply the mechanics of a commercial lease, including drafting the Commercial Missives of Let, drafting the lease from the landlords perspective, drafting a Lease Summary Report and revising the lease from a tenants perspective
2 Understand and explain the differences between a Assignation and Sub Let
3 Understand and explain the use of a Licence to Occupy and the purpose and use of a Bank Certificate of Title
4 Understand and apply the mechanics of the purchase and sale of an investment property, including drafting of appropriate documentation including missives
5 Understand and apply the mechanics of the purchase and sale of development property including the use of Overage Agreements

Indicative Module Content
Drafting and revising Commercial Leases, Assignation, Sub Lets and Licence to Occupy, purchase and sale of Investment Property, overview of Bank Certificate of Titles, and issues involved in purchasing and selling development property including examination of Overage Agreements.

Module Delivery
Seminars, problem solving, simulated transactions, portfolio building, practical exercises, forum postings and quizzes

Indicative Student Workload Full Time Part Time
Contact Hours 22 22
Non-Contact Hours 128 128
Placement/Work-Based Learning Experience [Notional] Hours N/A N/A
TOTAL 150 150
Actual Placement hours for professional, statutory or regulatory body    

ASSESSMENT PLAN
If a major/minor model is used and box is ticked, % weightings below are indicative only.
Component 1
Type: Coursework Weighting: 100% Outcomes Assessed: 1, 2, 3, 4, 5
Description: Written coursework
Component 2
Type: Coursework Weighting: 0% Outcomes Assessed: 1, 2, 3, 4, 5
Description: such online activities as are required to satisfy the participation element in the Module

MODULE PERFORMANCE DESCRIPTOR
Explanatory Text
The module is assessed by way of a single assessment component weighted at 100%. Additionally there is a participation requirement which is assessed on a pass/fail basis. Relative to the participation requirement each student is normally required to pass such online activities as identified in the module. Non-submission or non-completion of the competencies will result in an NS grade. An overall minimum grade D is required to pass the module.
Module Grade Minimum Requirements to achieve Module Grade:
A A:Pass
B B:Pass
C C:Pass
D D:Pass
E E:Pass
F F:Pass
NS Non-submission of work by published deadline or non-attendance for examination

Module Requirements
Prerequisites for Module None in addition to SCQF 11 entry requirement or equivalent.
Corequisites for module None.
Precluded Modules None.

ADDITIONAL NOTES
In addition to the texts in the indicative bibliography, the student will be required to purchase the course materials.

INDICATIVE BIBLIOGRAPHY
1 COCKBURN D., 2011. Commercial leases. 2nd ed. Haywards Heath: Bloomsbury Professional.


Robert Gordon University, Garthdee House, Aberdeen, AB10 7QB, Scotland, UK: a Scottish charity, registration No. SC013781