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We have a situation where exchange of Contracts and settlement is to occur simultaneously. Our Title deed is pre 2004 and so will need to be produced to LRS NSW to enable the PEXA settlement.
If the transaction doesn't end up proceeding, what happens to the produced title deed? Is it returned?
Yes, LRS only hold on to title deeds for 3 months. Alternatively, you can call LRS and ask them for it back.
Fantastic. Thanks for that.