topic Paper Title to ECT in Ask the PEXA Community

Paper Title to ECT

TerryOKeefe — Mon, 06 Mar 2017 00:37:09 GMT

I want to convert a Paper Title to an E c/t ..can I do this thru PEXA or do I have to attend at Land Vic. The paper title has been lost.

Re: Paper Title to ECT

Kate_Camilleri — Mon, 06 Mar 2017 01:26:42 GMT

Hi Terry,

It is possible to convert a paper certificate of title to electronic as part of a PEXA transaction, however you need to be in possession of the paper certificate of title. So in your scenario where the pCT is lost you need to visit the Land Registry.

Re: Paper Title to ECT

Ewa_Parkin — Wed, 26 Apr 2017 06:33:57 GMT

Hi Kate

Could you please advise how to convert pCT to eCT on pexa where the title hasn't been lost and is in our firms possession/control?

Re: Paper Title to ECT

Kate_Camilleri — Wed, 26 Apr 2017 09:05:59 GMT

Hi Ewa,

Assuming jurisdiction is Victoria and you are acting in the role of Proprietor on Title and it is a clear title, once a document has been created in the workspace (eg. transfer) you can create a nomination to the PEXA lodgement case and answer "Yes" to the question: Is the title currently paper? The title will be converted with the lodgement of the nomination.

More information is available here: https://community.pexa.com.au/t5/Help-Centre/Create-a-Nomination-VIC/ba-p/76

Happy to answer further questions.

Thanks,

Kate.

Re: Paper Title to ECT

SarahF — Wed, 10 May 2017 06:02:54 GMT

Hi Kate,

Following on from your explanation could you also provide the steps of how to convert the paper title to an electronic title as a stand alone transaction, i.e. not as part of a transfer? So that we can just have electronic control of that title.

Thanks,

Sarah

Re: Paper Title to ECT

Kate_Camilleri — Tue, 30 Jan 2018 05:55:00 GMT

Hi Sarah,

For the NSW jurisdiction you can create a standalone consent in PEXA and convert a pCT to eCT for a pCT for which you are the holder and the MoT. You will then hold CoRD.

https://community.pexa.com.au/t5/Help-Centre/Create-a-Consent-Document-NSW-Only/ba-p/19

https://community.pexa.com.au/t5/Help-Centre/Consents-Overview/ba-p/15

http://www.nswlrs.com.au/plan_and_title_registration/national_e-conveyancing_nsw/electronic_certificate_of_title_ect

Thanks,

Kate.

Re: Paper Title to ECT

SarahF — Tue, 23 May 2017 05:33:34 GMT

Thanks Kate, but we are in Vic.

Re: Paper Title to ECT

HeatherC — Tue, 23 May 2017 12:08:48 GMT

Hi ,

If you wish to convert a pCT to an eCT as a standalone transaction in Victoria, this will need to be done directly with Land Use Victoria by lodging an administrative notice. There is some more information on their website here about this.

If your practice is in possession of a number of pCTs, arrangements can be made with Land Use Victoria to facilitate a bulk conversion of those (like what the four major banks did in October last year).

Hope this helps.

Re: Paper Title to ECT

SarahF — Tue, 23 May 2017 22:41:04 GMT

Thanks .

Yes, we figured as much. We were just hoping that something had changed by now. We try to do everything we can on PEXA!!

Cheers,

Sarah

Re: Paper Title to ECT

HeatherC — Tue, 23 May 2017 22:44:52 GMT

Completely understand, , and thanks for your support! If it helps at all, we will shortly be able to facilitate transfer of eCT control in PEXA which should provide efficiencies when clients change practitioners, banks have panel firms doing their mortgage processing work, and loans are paid out allowing banks/panel firms to transfer control to a proprietor on title's representative.

Re: Paper Title to ECT

AUSCTA — Tue, 28 Nov 2017 03:48:48 GMT

Please advise how to conduct a Discharge of Mortgage with a pCT and if there are any related fees (in VIC)? We act for the Mortgagee but the Proprietor does not have any legal representation.

Thank you

Re: Paper Title to ECT

HeatherC — Tue, 28 Nov 2017 06:13:58 GMT

Hi ,

There was a thread about this awhile back, check it out here.

There will be both lodgement and PEXA fees for this transaction. The latter can be found on our website here.

Let me know if these links don't answer your questions.

Heather