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COMBINED WORKSPACE FOR PURCHASERS CAVEAT AND PURCHASE SETTLEMENT TRANSACTION - VICTORIA

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  • COMBINED WORKSPACE FOR PURCHASERS CAVEAT AND PURCH...

COMBINED WORKSPACE FOR PURCHASERS CAVEAT AND PURCHASE SETTLEMENT TRANSACTION - VICTORIA

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JHLegal
JHLegal
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on ‎16-06-2017 11:31 AM

on ‎16-06-2017 11:31 AM

COMBINED WORKSPACE FOR PURCHASERS CAVEAT AND PURCHASE SETTLEMENT TRANSACTION - VICTORIA

IS THERE, OR CAN THERE BE, FACILITY TO USE THE SAME WORKSPACE FOR REGISTERING A PURCHASERS CAVEAT AND THEN RUNNING THE SETTLEMENT WORKSPACE

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BrettCS
BrettCS Star Employee
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on ‎16-06-2017 01:02 PM

on ‎16-06-2017 01:02 PM

Re: COMBINED WORKSPACE FOR PURCHASERS CAVEAT AND PURCHASE SETTLEMENT TRANSACTION - VICTORIA

Hello @JHLegal

 

You have a few options available to you within PEXA.

 

You can create a workspace as Incoming Proprietor, with the settlement date and time entered, and then create a priority notice. You can  lodge the priority notice and then use the same workspace to create and process the transfer transaction. For more details around a priority notice, please refer to this article.

 

Alternatively, if you wish to lodge a purchasers caveat, probably the simplest way is to create a lodge the caveat in it's own workspace. The transfer transaction would then be in a separate workspace. 

 

If anyone has any further experience around this scenario, please feel free to add some additional commentary.

 

@JHLegal, please let us know if you require any further assistance and be sure to update us as to how you go.

 

Thanks

Brett

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