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Naming the 'Settlement Place' in a Settlement Statement

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  • Naming the 'Settlement Place' in a Settlement Stat...

Naming the 'Settlement Place' in a Settlement Statement

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on ‎11-07-2019 01:57 PM

on ‎11-07-2019 01:57 PM

Naming the 'Settlement Place' in a Settlement Statement

Hello,

 

I am new to PEXA so I apologise in advance. I have searched previous questions and answers before and to no avail.

 

I am completing a "Settlement Statement" for the first time.  The settlement is intended to be effected on the PEXA Platform. Does anybody have any suggestions as to how to describe the 'Settlement Place', given that there is no physical geographical location for settlement? Does anyone have an idea how to describe the 'Settlement Place'?

 

Thank you

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SarahF
SarahF
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on ‎11-07-2019 04:28 PM

on ‎11-07-2019 04:28 PM

Re: Naming the 'Settlement Place' in a Settlement Statement

Are you referring to a document generated from your conveyancing software?  Couldn't you just create a new venue and call it PEXA if you really need to state where the settlement will be effected?

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on ‎11-07-2019 06:48 PM

on ‎11-07-2019 06:48 PM

Re: Naming the 'Settlement Place' in a Settlement Statement

Hi Sarah,

 

Thank you for the suggestion. I thought of this but was not sure if this was sufficient. It was for the Financial Settlement Statement created in PEXA I am referring to.

 

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kathhillhouse
kathhillhouse
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on ‎11-07-2019 07:57 PM

on ‎11-07-2019 07:57 PM

Re: Naming the 'Settlement Place' in a Settlement Statement

I have simply inserted PEXA Settlement.  That made sense to me.

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