Change in the Manner of Holding from Joint Tenants to Tenants in Common Victoria

[zmcmurray]

Hi, 

In Victoria, is it possible to change the manner of holding from joint tenants to tenants in common if only 2/3 of the tenants complete VOI and sign ARNECC client authorisation forms?

Cheers.

[Thanh]

Hi @zmcmurray 

A Change in the Manner of Holding can be completed on PEXA via the residual document 'APPLICATION - NEW FOLIO - Transfer of Land Act - section 32'.

All Proprietors on Title will need to be represented and therefore a complete VOI and signed ARNECC client authorisation form is required for all parties.

For detailed information on lodging Residual documents in PEXA please refer to:
https://community.pexa.com.au/t5/Help-Centre/Residual-Documents/ba-p/14746

For more information on the requirements on the specific residual document please refer to the 'Guide to Residual Document' via the Land Victoria website:

https://www.land.vic.gov.au/land-registration/fees-guides-and-forms