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I am about to have my first go at lodging a lease though PEXA.
I act for the lessor and there is no mortgage on title - we hold the paper C/T.
Following successful registration (hopefully!) will a new paper C/T be issued? If yes, what do I do with the old one?
Congrats on completing your first lease electronically!
Yes, a new CT will be issued, same as it would if you lodged it through paper channels.
The old CT will no longer be 'valid' as a new CT edition will supersede it. We usually just keep ours on file, not in safe custody.
Hi. For your reference the guidelines for retention of evidence https://rg-guidelines.nswlrs.com.au/e-dealings/procedures/evidence_for_electronic_instruments