on 04-04-2018 09:29 AM
on 04-04-2018 09:29 AM
I have 2 questions.
Background
We need to transfer a property which is registered in the names of the legal personal representatives of the deceased, to the trustee of a trust created under the deceased's Will (transferee).
Our instructions come from the intended transferee (who has been dealing directly with the executors).
Question 1
Do we need to act for all parties (the transferor executors and the transferee) in PEXA? If so, do we just need signed client authorities for all parties (both transferors, ie the executors), as well as the transferee? Is there any way to create the transfer in PEXA and then send the transfer to the executors to sign and have their identities verified at Australia Post, or do we need to sign for them in PEXA?
Question 2
To convert the pCT to an eCT in PEXA I'm assuming we need to be in the role of Proprietor so would need to be acting for the transferors? What do we then do with the pCT - does this need to be returned to the LTO?
Thanks,
Erika
on 10-04-2018 09:23 AM
on 10-04-2018 09:23 AM
Hi Erika,
You will have no problem transferring property registered in the names of LPR's of a deceased to a Trustee of a Trust in PEXA. I have sought to answer your specific sub-questions below.
If you need assistance with this dealing please contact me @GeorgePolus and I will arrange for one of our PEXA Direct specialists to assist you.
Please contact me @GeorgePolus if you have more questions.
Regards
George