Audience
Chattels auctioneers
Applies to
England and Wales
Duration
12 month enrolment
Study mode
Distance learning
Overview
Crucially, achieving this qualification will demonstrate an understanding of the difference between the actual, implied and apparent authority of the auctioneer and have an appropriate understanding of contract law along with knowledge of negligence and liability, as well as health and safety,
What will be covered?
This programme is made up of four units. For more information on each unit's learning outcomes open the panels below.
Unit 1: Health and Safety, Security and General Law
Unit code: COM1 | England, Wales and Northern Ireland
Unit code: SCOM1 | Scotland
Understand the general concepts of law relevant to a property professional. It deals with the historical development of the law as well as current concepts, relevant statute and common law.
Learning outcomes:
- Understand health and safety at work legislation and its relevance in and out of the workplace
- Understand the issues around keeping safe when visiting property and maintaining a secure system when dealing with keys
- Understand the general legal concepts relating to the provision of property services
- Understand the common law duties of agents and agents’ authority
- Understand the basic elements of the law of contract
- Understand the basic elements of liability outside the law of contract
- Understand the basic concepts of land law
- Understand the basic concepts of discrimination
- Understand the requirements of the data protection legislation
- Understand the requirements of the legislation dealing with the handling of money
Unit 2: Law Relating to Chattels Auctions
Unit code: CHAT2
Focuses on the laws specifically for chattels auction sales. It stresses the importance of understanding and complying with statutory requirements for chattels sales and understanding the auction-specific requirements of general goods and those within specific categories.
Learning outcomes:
- Understand the authority of the auctioneer
- Understand legislation specific to auctioneering
- Understand consumer protection legislation applicable in the auctioning of chattels
- Understand legislation covering the conditions of sale and the contract made at the auction sale
Unit 3: Practice and Procedures relating to Chattels Auctioneering
Unit code: CHAT3
Protocols and actions in the presence of colleagues and customers in and outside of the office and at auction venues. It covers the rights that auctioneers have against the seller, the buyer and third parties.
Learning outcomes:
- Understand the content and requirements of the Auction Guidance Note published by RICS
- Understand the standard terms in consignment agreements
- Understand the auctioneer’s rights against the seller of chattels at auction
- Understand the auctioneer’s rights against the buyer of chattels at auction
- Understand the auctioneer’s rights against third parties involved in chattels auctions
Unit 4: Appraisal and the Auctioneers Duties and Liabilities in Relation to Chattels
Unit code: CHAT4
Concerns the valuation and marketing of chattels, remote bidding, post-sale procedures and duties of the auctioneer when buying their principal's chattel. The auctioneer's duties to the seller, buyer and third-parties post auction are also covered.
Learning outcomes:
- Understand the factors affecting the value of chattels
- Understand staff responsibilities when purchasing chattels, dealing with remote bidding and post-sale procedures
- Understand the auctioneer’s duties to the seller
- Understand the auctioneer’s duties to the buyer
- Understand the auctioneer’s duties to third parties
This study programme is suitable for full membership of NAVA Propertymark.
