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Industry transformation - Mandate Dates

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  • Re: Industry transformation 2017

Industry transformation - Mandate Dates

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Aoife
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‎01-02-2017 01:20 PM - edited ‎21-05-2020 09:56 AM

‎01-02-2017 01:20 PM - edited ‎21-05-2020 09:56 AM

Industry transformation - Mandate Dates

The Industry Timeline is updated frequently, for the latest version please scroll down to the end of this page.

Looking for more information on the digital transformation timelines?

The Industry Timeline is updated frequently, for the latest version please scroll down to the end of this page.

Refer below for the key dates and more released by the Land Registries of Victoria, New South Wales, South Australia and Western Australia: 

Landgate Bulletin 13 December 2016 | Electronic lodgement of eligible documents

Registrar announcement links for each state:

VIC - Bulletin 171

WA

NSW 

SA 

mandate table.png

 

 

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kiernanc
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on ‎24-08-2017 08:01 AM

on ‎24-08-2017 08:01 AM

Re: Industry transformation 2017

Hi @JoW, thanks for the update.

 

Where do Transmission Applications (Deceased registered proprietor to Legal Personal Representative) fit in to this timetable?  I'm particularly interested in Victoria.

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JoW
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on ‎25-08-2017 02:01 PM

on ‎25-08-2017 02:01 PM

Re: Industry transformation 2017

Hi @kiernanc,

Thanks for reaching out. 

PEXA and Land Use Victoria  are currently targeting Release 7.1 for this functionality (scheduled for February 2018). 

It's likely Land Use Victoria will update their transition to digital timetable at some point after that.
Thanks

Jo



 

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StaceyP
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on ‎07-09-2017 01:16 PM

on ‎07-09-2017 01:16 PM

Re: Industry transformation 2017

Can you please clarify a couple of things:-

 

1.  When you say "standalone transfers" does that mean that we will no longer be able to do a paper settlement for any matter involving a transfer in NSW?

2.  Are these dates mandated?  

 

Thanks 

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MatthewGillet
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on ‎26-09-2017 04:52 AM

on ‎26-09-2017 04:52 AM

Re: Industry transformation 2017

Morning @StaceyP

 

Apologies if this is doubling up on the reply but for certainty I can offer the following:

 

1. a "standalone transfer" refers to a transaction where there is only the Transfer of Land document lodged. In simple terms, the most common form is a cash transfer where a buyer is paying cash and there is no existing mortgage on title (clear title) 

 

2. In NSW, these dates form part of the Registrar's Conveyancing Rules and providing there is no amendment to these, the dates are fixed.

 

I hope that helps.

 

Matt

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StaceyP
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on ‎09-10-2017 09:39 AM

on ‎09-10-2017 09:39 AM

Re: Industry transformation 2017

So just to clarify, if there is a mortgagee involved in the transaction, either discharging or incoming, these settlements can still be a manual settlement after 1/7/2018?

 

Can you provide any insight into the lodging of Transmission Applications and Notices of Death?  Will these be part of the PEXA platform?

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MatthewGillet
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‎11-10-2017 07:45 PM - edited ‎12-10-2017 11:25 AM

‎11-10-2017 07:45 PM - edited ‎12-10-2017 11:25 AM

Re: Industry transformation 2017

Hello @StaceyP

 

Particular to NSW, the following will apply:

 

  1. On 1 July 2018 - A standalone transfer that has no mortgage or discharge attached must be lodged electronically
    • Common Example - A house that is clear title and purchased in cash
  2. On 1 July 2019 - Any discharge, transfer or mortgage (or combination thereof) must be lodged electronically
    • Common Example - a standard DTM. A house sale where there is an existing mortgage on title that is discharged and replaced with a new mortgage by the financier of the buyer.

Matt



 

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stephbisset
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on ‎05-02-2018 02:44 PM

on ‎05-02-2018 02:44 PM

Re: Industry transformation 2017

Hi Jo,

 

Is there an updated table showing the start dates from your post dated 27 October 2017. I am particularly interested in QLD. When do we have to start stand-alone refinances with PEXA?


Thanks, Steph

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Aoife
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on ‎05-02-2018 03:00 PM

on ‎05-02-2018 03:00 PM

Re: Industry transformation 2017

Hi Steph,

 

Thanks for your question. The table from 27 October 2017 above is still the most accurate timeline.

 

Refinances are available to be completed online in Queensland already, however no timeline has been provided yet. Check out this overview of refinances for your reference.

 

Cheers

 

Aoife

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JulieKhoo
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‎01-05-2018 10:13 AM - edited ‎08-08-2018 05:49 PM

‎01-05-2018 10:13 AM - edited ‎08-08-2018 05:49 PM

Re: Industry transformation - Mandate Dates

Please note the new dates for requirement to lodge transactions electronically (relating to in scope titles)

 

2018_08_08_17_47_07_Mandate_table_master_copy_180418_Read_Only_Word.png

 

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