Hi Trevor,
SRO VIC have been enabled to lodge Stat Charges and Withdrawal of Stat Charge on PEXA since 2014.
However, understandably, SRO VIC are not resourced to be able to participate in live workspaces. Hence, VIC SRO are not visible in PEXA to be able to invite them into a workspace.
The agreed procedure is as follows.
- The vendor rep makes an undertaking to the SRO that the Charge will be paid out immediately upon receipt of proceeds of sale.
- Once the SRO is satisfied with the undertaking the SRO will remove the Stat Charge from title within their agreed SLA time frame (which I am sorry I do not know what it is)
- Provided a PRN is available to the Vendor Rep for remittance of the monies associated with the charge, the Vendor Rep may create a PEXA FSS Disbursement directly to the VIC SRO to pay the debt from the proceeds of sale.
Please let me @GeorgePolus know if the above answers your question.
Rgds
George
