Property Exchange Australia Community - Creating a Mortgage when acting for all parties - The e-conveyancing Community

Ange · 3 weeks ago

I act for the proprietor on title and incoming mortgagee, do I created my workspace as "proprietor on title" or "mortgagee on title", there is no transfer involved or finances just a consent and mortgage to be created.

TheDoctor · 3 weeks ago

If the Title is unencumbered then you can create the workspace as Incoming Mortgagee.

No need for a role for Proprietor on Title in the workspace.

Exactly the same as if an FI was lodging a mortgage, they are effectively the Consentor.

Thanks
Brett

Any opinions are that of TheDoctor and not necessarily that of Westpac.

Creating a Mortgage when acting for all parties

Creating a Mortgage when acting for all parties

Creating a Mortgage when acting for all parties

Re: Creating a Mortgage when acting for all parties