Change of Name NSW

[Hume]

Hello All

We have a refinance of NSW property in PEXA. The registered proprietor is currently registered on Title under her maiden name.  I have amended the Participants screen to reflect the change of name, with the evidence document being the marriage certificate, and have entered that registered number.  It has allowed me to change that in PEXA.  Just wondering do I also need to send the paper Change of Name document to the LPI with certified copies of the ID documents, including the Marriage Certificate?    Previously in the past we have done paper settlements, where any change of name is necessary.  Can someone assist please?  I just do not want to get to settlement and there is an issue - Thanks for your help.

[GeorgePolus · Accepted solution]

Hi Helen,

Currently, only the jurisdiction of VIC allows Change of Name of Mortgagor to be effected using a justification via an electronic transaction.  Using the this method the Incoming Mortgagee effects the Change of Name of the Proprietor and lodges the new Mortgage in the same transaction.  A separate Change of Name transaction is not required. 

However, today, in NSW, a paper Change of Name must be lodged to effect the Change of Name of the Proprietor, then the Mortgage using the 'new' name of the Mortgagor may be lodged. 

The good news however is that the NSW Registrar has agreed to enable Change of Name of Mortgagor to be effected using a justification via an electronic transaction.  This change will be in effect in NSW from May 2018. 

Please let me know if you need more information. 

[Hume]

Hi George

Thank you for your response.  It certainly answered my question.

[DXC_ns]

Hi George,

Just wanting to confirm that the only jurisdiction that allows for an Electronic change of name (via PEXA) on a title is Vic.

Do you know when or if the other jurisdictions will be looking to allow the completion of Change of Name via PEXA?

Regards

NS

[GeorgePolus]

Hi Nathan,

Yes, currently only VIC allows Change of Name of Proprietor via Justification on a Mortgage. 

I am pleased to report that all jurisdictions have agreed to build the same capability as is available in VIC.  

NSW and SA will be next to build the capability,

NSW - May 2018,

SA - Nov 2018 ,

QLD and WA are currently working to firm their plans. 

Please let me know if you have more questions

Regars, @GeorgePolus

[DXC_ns]

Excellent, thank you George