on 14-03-2018 06:56 PM
on 14-03-2018 06:56 PM
Are we able to transact by way of PEXA when a property's vendor is the executor of the estate of the deceased proprietor.
Solved! Go to Solution.
on 15-03-2018 04:42 PM
on 15-03-2018 04:42 PM
SolutionHi Sarah
Unfortunately not currently in WA.
Landgate do not make titles where one or more proprietor parties are on title in capacity as Executor, available to PEXA for electronic lodgement. This is because the WA OSR are unable, at this time, to accept a Stamp Duty Verification from PEXA when the relinquishing party on the Transfer (following registration of the TA) is on title in capacity as Executor.
Other jurisdictions do support this scenario and PEXA has requested from both Landgate and WA OSR that this capability be enabled. However, at this time we have no commitment from either Landgate or WA OSR as to timing.
Please contact me @GeorgePolus if you have more questions.
Regards
George
on 15-03-2018 03:05 PM
on 15-03-2018 03:05 PM
You can in NSW, so assume the same in WA.
on 15-03-2018 04:42 PM
on 15-03-2018 04:42 PM
SolutionHi Sarah
Unfortunately not currently in WA.
Landgate do not make titles where one or more proprietor parties are on title in capacity as Executor, available to PEXA for electronic lodgement. This is because the WA OSR are unable, at this time, to accept a Stamp Duty Verification from PEXA when the relinquishing party on the Transfer (following registration of the TA) is on title in capacity as Executor.
Other jurisdictions do support this scenario and PEXA has requested from both Landgate and WA OSR that this capability be enabled. However, at this time we have no commitment from either Landgate or WA OSR as to timing.
Please contact me @GeorgePolus if you have more questions.
Regards
George
on 15-03-2018 04:44 PM
on 15-03-2018 04:44 PM
Thank you very much George.
on 16-05-2018 05:27 PM
on 16-05-2018 05:27 PM
Thanks, for clarifying George.
May I suggest this be added to the Qualifier Tool.
Thanks in advance.
on 17-05-2018 11:15 AM
on 17-05-2018 11:15 AM
Hi DMc
Qualifier will be updated by end of this week.
Thanks for the suggestion!
Regards
George
on 17-05-2018 02:00 PM
on 17-05-2018 02:00 PM
Hi DMc
The update has been made and is now live.
Let me know if you think it is not OK.
Regards
George
on 22-06-2018 02:46 PM
on 22-06-2018 02:46 PM
Hi George,
Is there any update as to timing of when titles with Executors will be able to transact on PEXA?
on 25-06-2018 09:20 AM
on 25-06-2018 09:20 AM
Hi Rachel
No update for WA I am afraid. We are still subject to WA OSR and Landgate to priorities the capability at their end.
The capability is live however in VIC, NSW ans SA. It is also enabled in QLD, however, until legislation is passed the capability is dormant.
Please let me @GeorgePolus know if you have more questions.
Regards
George