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Attaching Terms and Conditions to National Mortgage in Western Australia

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  • Re: Attaching Terms and Conditions to National Mor...

Attaching Terms and Conditions to National Mortgage in Western Australia

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Nicky
Nicky
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on ‎20-06-2018 03:11 PM

on ‎20-06-2018 03:11 PM

Attaching Terms and Conditions to National Mortgage in Western Australia

Hi

Could you please tell me how to attach Terms and Conditions to a National Mortgage in my Documents workspace.

I am in Western Australia.

Thanks

Nicky

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  • Document Preparation
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RyanC
RyanC
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on ‎24-06-2018 07:34 PM

on ‎24-06-2018 07:34 PM

Re: Attaching Terms and Conditions to National Mortgage in Western Australia

Hi @Nicky

 

In WA, you cannot attach any documents to a mortgage document in PEXA. You can add text in the text box within the mortgage document itself, but it is limited to 4,000 characters. This is a Landgate specification.

 

Options are to register a MCP (Memorandum of Common Provisions) for the T&Cs and refer to that when lodging the document, or add them in to the loan agreement and refer to this in the free text box. However, as this is a legal decision, we can’t advise further on the best option/enforceability.

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