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Transfer with Restrictive Covenant (VIC) | Help Centre

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  • Transfer with Restrictive Covenant (VIC) | Help Ce...
Transfer with Restrictive Covenant (VIC) | Help Centre
Category:
  • Restrictive Covenant
  • Transfers
Saysa
Saysa
Former PEXArian
‎18-05-2018 04:17 PM
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Overview


Jurisdiction: VIC

 

The ability to create a Restrictive Covenant from within PEXA is now available for Victorian Transfers.

Note: From 1 July 2018, new requirements for creating restrictive covenants in Victorian transfers will take effect. More information here.

 

Steps


  1. Open or create a Transfer document.
  2.  On the Transfer screen, in the Restrictive Covenant Details section, select the following fields:
    • Is this Transfer creating a Restrictive Covenant?—Select Yes.
    • Benefited Land—Enter either the Land Title reference, MCP Reference, or both.
    • Covenant details contained in—Enter the MCP Reference, and optionally the Covenant expiry date.
      restrictive covenent.png
  3. Save the document.

  

Related Topics


  • Transfer Help Centre Articles

 

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  • transfer with restrictive covenant
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