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  • Re: Discharges

Discharges

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SanjayPrakash
SanjayPrakash
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on ‎15-05-2018 04:36 PM

on ‎15-05-2018 04:36 PM

Discharges

We have 1 loan to 2 set of securities with 2 seperate mortgage nos.

Can both the discharges be done under 1 WS or do we need to create 2 WS one for each security. Thanks

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  • Document Preparation
  • NSW
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Kate_Camilleri
Moderator Kate_Camilleri Moderator
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on ‎16-05-2018 03:42 PM

on ‎16-05-2018 03:42 PM

Re: Discharges

 Hi Sanjay, 

 

If the securities are in the same jurisidiction and the mortgages have the same Mortgagee, should be ok to discharge both securities in the one workspace, only exception is in Victoria,  the Proprietor on Title/Mortgagor must be same (related dealing) - see further information here: 

https://community.pexa.com.au/t5/Help-Centre/What-is-a-related-dealing-in-PEXA/ba-p/64

 

Thanks, 

 

Kate. 

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