Use the following steps as a guide to completing a transfer with financial settlement in PEXA representing the vendor in Victoria. You can download a VIC printable Transfers flowchart or Help Card at the bottom of this article.
Click "Proprietor on Title"! Or to launch the tutorial in a new screen, click here.
Either: Create a New Workspace
Click Create New Workspace.
Jurisdiction = VIC
Role = Proprietor on Title
Subscriber Workspace Reference
Request land title data now
Primary Default Workgroup
Financial Settlement Date and Time
or, Accept an Invitation
Review the Invitation sent from the Incoming Proprietor.
Enter your Subscriber Workspace reference (your unique identifier for the workspace, e.g. matter number).
Review Land Titles
Navigate to the Land Titles screen.
Review the land title details returned from the Land Registry (including proprietors on title, any existing caveat or mortgage details).
Confirm Representation of Party
Navigate to the Participants screen.
Locate the Proprietor on Title parties.
From the Actions column, select Edit Party to display the Party screen.
Select I Represent this Party.
Enter client details, including date of birth and address details.
Note: This step confirms your representation and ensures the party details are correct.
On the Participants screen, click Invite Participant.
Invite Incoming Proprietor: Invite the PEXA Subscriber who is representing the Incoming Proprietor (if not already in the Workspace).
If the title is encumbered, invite Mortgagee on Title.
Monitor the Incoming Proprietor’s Completion of Tasks