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Off the plan purchases with unregistered SP- stamping

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  • Off the plan purchases with unregistered SP- stamp...

Off the plan purchases with unregistered SP- stamping

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Don
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‎03-07-2018 10:29 AM - edited ‎03-07-2018 10:31 AM

‎03-07-2018 10:29 AM - edited ‎03-07-2018 10:31 AM

Off the plan purchases with unregistered SP- stamping

Dear team,

Our client purchases an 'off plan' property with an unregistered SP.

Could you tell me how to obtain the PEXA transfer number for the Stamping?

As purchaser's solicitor, can we set up a PEXA workplace without a registered SP. (P.S. the land is combined by two current land.)

 

So, do we need to inform the Vendor's solicitor and ask them to open a parent PEXA workplace for all new lots? After that, we can have the transfer number for Stamping?

 

Thank you!

Don.

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  • E-Conveyancing Community
  • NSW
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Ames
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on ‎04-07-2018 03:33 PM

on ‎04-07-2018 03:33 PM

Re: Off the plan purchases with unregistered SP- stamping

Hi @Don

 

General information about NSW stamp duty can be found here.

 

If the vendor is selling multiple lots on the unregistered plan then yes they should set up the workspaces first and invite you. They may want to speak with our Projects team if they haven't already.

 

You should then be able to stamp in EDR on the parent details and link to PEXA later once the titles have issued.

 

Ames

 

 

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