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Dealing with interest title (VIC)

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  • Dealing with interest title (VIC)

Dealing with interest title (VIC)

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ereese
ereese
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on ‎23-11-2021 03:26 PM

on ‎23-11-2021 03:26 PM

Dealing with interest title (VIC)

I need to transfer an interest title (containing 1 of 2 shares in the property in question) to a beneficiary of a will. 

 

My understanding is that interest titles can't (or at least couldn't in the past) be transferred by a "standard" transfer in PEXA, and need to be transferred using a paper transfer lodged in PEXA pursuant to s 104. 

 

Is this still the case?  Or is it now possible to deal with an interest title in PEXA by way of a "standard" electronic transfer of land?  

 

Thanks, 
Erika 

Category:
  • Document Preparation
  • E-Conveyancing Community
  • Lodgement
  • VIC
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1 REPLY 1
JohnMcClure
Moderator JohnMcClure Moderator
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on ‎25-11-2021 04:16 PM

on ‎25-11-2021 04:16 PM

Re: Dealing with interest title (VIC)

Hi Erika,

 

You are correct, the way to deal with an interest transfer is by lodging paper docs via S104.

 

Everything you need to know about these type of transactions can be found in this article.

 

I've also sent you an email including my number if you wish to discuss further.

 

Thanks,

John

  • Tags:
  • interest title
  • paper lodgement
  • S104
  • Section 104
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