NSW - unrepresented purchaser

[fadichahine]

Hi - the purchaser of a sale is self-represented and this doesn't appear to be an exemption for electronic lodgment.

How would this work in terms of PEXA settlement (i.e how does the transfer get signed)? or can we do a paper settlement?

Thanks

Fadi 

[BelindaLeFevre]

Hi @fadichahine ,

The short answer is, an electronic settlement is required and the citizen needs to be represented in the workspace by a PEXA subscriber.

The 2/2019 waiver to Conveyancing Rule 8.7, allows for paper lodgement where both the transferee and transferor are not represented by a legal practitioner or licensed conveyancer and the transfer is standalone.  This waiver is designed to cater for transfers between family members that may not engage legal representation.  https://www.registrargeneral.nsw.gov.au/publications-and-rules/conveyancing-rules-waivers

In the case you describe below, the citizen would need to be represented in the workspace by a PEXA subscriber for the purpose of completing the transaction.  They may opt to be represented by a lawyer, conveyancer or e-lodgement agent.

cheers
Belinda