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2 weeks ago
Hi I am acting for a purchaser of a mortgagee in possession property. I've invited the mortgagee on title, does it matter that the POT are not represented? If so, what do we do about that and how do we draft the transfer?
Unfortunately at this stage Mortgagee in Possession Transfers cannot be completed on PEXA in Queensland. Please see the following link that lists the transactional scope for the state:
Transactions that can be done in PEXA — QLD
I hope this helps!