Have a transaction involving a storage unit and property, when completing the NOA we are unable to proceed because it shows "Individual Sale Prices entered, do not sum to the Total Sale price included in the Transfer."
The NOA requires a property sale price for both properties but there is no separate price for the storage. how do we proceed?
If you are dealing with an associated land title such as the Property and Car space or Storage unit where both land titles are calculated as one Property, the land title address for the land title references must be identical to be able to enter one property sale price for both land titles in the Notice of Acquisition.
To update the address, please follow the steps below:
1. Navigate to the Land titles page 2. Select Edit address for the affected land title reference 3. Select Copy address from and Select the primary address 4. Repeat the same step for the Primary land title reference
Then complete the required information in the Notice of Acquisition via Documents page to finalise the changes - you will see that only 1 property is now listed in the NOA covering both titles.
If you need assistance at all please reach out to our Support Team on 1300 084 515.