Pexa Fees

[TweedCoastConveyancing]

What is PEXA's fees for a standard conveyance in NSW? I'm wanting the sum to incorporate into our costs.

Thanks.

[Pstyles · Accepted solution]

Hi Tweed coast conveyancing,

The cost of a PEXA settlement is $107.80. 

The PEXA fee covers the following services:

• Pre-population of Land Registry data, to remove the need for re-keying.
• Lodgement verification checks, to provide greater certainty that documents will be lodged successfully.
• Title Activity Checks (TAC), to alert you to any recent activity on the title.
• Lodgement gap cover, whereby PEXA may assume responsibility for loss incurred when an intervening dealing impacts registration of a covered dealing, subject to conditions set out in the Participation Agreements[IL1] .
• Electronic disbursement of cleared funds through to nominated accounts.
• Electronic settlement booking.
• Document creation and lodgement with the Land Registry in real-time.
• Secure digital signature technology.
• Stamp duty verification with the duty authority.

All PEXA transaction pricing and any future changes to pricing can always be found here. 

Thanks 

Patrick 

[TweedCoastConveyancing]

If the fee of $107.80 differ between a purchase and a sale? 

Is this fee per user per matter?

Or divided between users? eg: 4 users - costs $26.95 each 

[ChrisBodikian]

Hi Tweed Coast Conveyancing,

Yes correct, the fee is per user per matter. It is not divided between users.

Also, the fee is not differentiated between a purchase and a sale - i.e. it is $107.80 either way.

Hope this helps!

Chris