on 18-07-2018 01:45 PM
Hi PEXA community,
I wish to release a Queensland mortgage where there is a caveat in place from a third party. How does the process work in PEXA?
on 23-07-2018 03:28 PM
Do you want your mortgage released while the third party's caveat remains? Or is the caveat also to be withdrawn?
on 23-07-2018 05:48 PM - last edited on 24-07-2018 08:59 AM by EmilyBilling
thank you for replying.
yes, we wish to release our mortgage while the caveat remains in place.
on 24-07-2018 08:32 PM
You should be able to create a Workspace as mortgagee on title, create, sign and lodge your release, without the involvement of the caveator.
on 26-07-2018 03:04 PM
Agree with @Ames above and just be aware of the normal Land Registry guidelines around Releases of Mortgage for titles that have a Caveat registered. If you would be ok to lodge the Release in a paper scenario, then it will be fine to register it in PEXA also.
If you have any further questions regarding this process, feel free to contact me on firstname.lastname@example.org and I can assist you.