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Double Pexa Fees?

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  • Double Pexa Fees?

Double Pexa Fees?

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AaronPeppin
AaronPeppin
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on ‎20-11-2018 09:17 AM

on ‎20-11-2018 09:17 AM

Double Pexa Fees?

Hello, I act for the husband in a matrimonial matter.  Pursuant to Court Orders, a property in joint names is being transferred to my client.  

In the PEXA workspace, I act for the husband as one of the proprietors on title (with the wife separately represented) and as the incoming proprietor.  The PEXA fee schedule indicates that my client must pay a PEXA fee in his capacity as a proprietor on title and as the incoming proprietor.  The wife also has to pay a fee.  Is this correct? Why does my client have to pay double fees?

Thanks.

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  • VIC
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gkonstan
gkonstan
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on ‎20-11-2018 12:20 PM

on ‎20-11-2018 12:20 PM

Re: Double Pexa Fees?

We have also raised this complaint with PEXA  - it is definitely not fair...but it is correct

 

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NMS
NMS
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on ‎21-11-2018 04:59 PM

on ‎21-11-2018 04:59 PM

Re: Double Pexa Fees?

Agreed that this is unfair. We also had a matter where a couple wanted to amend their tenancy on title from tenants in common to joint tenants. It had to be done via PEXA, and our clients were charged fees twice (as transferor and transferee).

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MarianAbraham
Moderator MarianAbraham Moderator
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on ‎21-11-2018 05:01 PM

on ‎21-11-2018 05:01 PM

Re: Double Pexa Fees?

Hello @AaronPeppin

The thread here addresses this question. PEXA is working on improving pricing for related party dealings.  

Please  private message me via community with the details of the Workspace and we will investigate and respond to you.

Thank you.

Marian 

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