on 05-08-2019 12:03 PM
on 05-08-2019 12:03 PM
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.
on 05-08-2019 01:03 PM
on 05-08-2019 01:03 PM
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.