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NSW Paper Title after Settlement

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  • NSW Paper Title after Settlement

NSW Paper Title after Settlement

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HillsSolicitors
HillsSolicitors
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on ‎16-08-2018 11:49 AM

on ‎16-08-2018 11:49 AM

NSW Paper Title after Settlement

I have a couple of transactions in which I have a cash Purchaser.

 

My question relates to where/how is a new paper title delivered to my firm after the PEXA settlement has been effected. I know that only ADI's can hold a CoRD at the moment so where does the title go for cash purchaser?

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  • Financial Settlement
  • NSW
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SallyHamilton
SallyHamilton Star Employee
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on ‎22-08-2018 04:44 PM

on ‎22-08-2018 04:44 PM

Solution

Re: NSW Paper Title after Settlement

Hello @HillsSolicitors

 

Your cash purchaser will receive a CT. This will be delivered to your office from the LRS post settlement

 

Kind Regards,

@SallyHamilton

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EmmaD
EmmaD Community Super User 2020
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on ‎16-08-2018 03:16 PM

on ‎16-08-2018 03:16 PM

Re: NSW Paper Title after Settlement

LRS has posted the paper CT to our office after registration when we have acted for cash purchasers on PEXA.

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SallyHamilton
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on ‎22-08-2018 04:44 PM

on ‎22-08-2018 04:44 PM

Solution

Re: NSW Paper Title after Settlement

Hello @HillsSolicitors

 

Your cash purchaser will receive a CT. This will be delivered to your office from the LRS post settlement

 

Kind Regards,

@SallyHamilton

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