Transacting NSW Family Law Matters

[BelindaLeFevre]

Dear members,

There has been some uncertainty around processing NSW Family Law transactions using PEXA.  While work was underway to clarify the impacts of such transactions on our ecosystem partners, Revenue NSW and NSW LRS, PEXA asked members to cease transacting these transactions in PEXA, and to utilise the current waivers in place for processing in paper.  I’m pleased to advise work in this area has completed with the following transaction types now back in scope for processing in PEXA:

	Transaction	Description	Example	Outcome
1	(A+B)->A	Where A+B are joint tenants and one is coming off title.	Divorce	Can be transacted in PEXA. Please see the following Community page for more details.
2	A->(A+B)	Where A is bringing B on title as a joint tenant.	Marriage	Can be transacted in PEXA.  Select A as the party staying on title.

*NB the above applies to both non-monetary and dutiable scenarios

This clarification will be communicated throughout the ecosystem for alignment across members.  Please contact us via this thread to discuss in further detail.

Happy transacting

Belinda

[Claudia11]

Glad to hear it's now been sorted out.

[ouyann]

Hi, Belinda:

Thank you for your message. I have just read the message today.

I have the following question wish ask further:

1). is this "(A+B) -> A" also for mother and son?

2). if it is ok, what is the procedure to make the transfer from PEXA (is there any linked page)? or I have to go to the solicitor?

Your help will be much appreciated!

Sandy

[VesnaVranjes]

Hello,

The relationship between A+B - can be anything (Husband/wife, Parent/child, friend, siblings etc.)

We have a Community page set up to guide you through a Part Tenancy Transfers: 

https://community.pexa.com.au/t5/Help-Centre/Part-Tenancy-Transfer-NSW-Help-Centre/ba-p/9650

You will need to be registered for PEXA to be able to lodge the dealing through PEXA or go to Solicitor / Conveyancer who is.

Kind regards

Vesna

[ouyann]

Hi, Vesna:

Thank you so much, indeed. I will go and check if individual can Register and do it by our own.

Kind regards

Sandy

[ouyann]

en..... it seems not that easy! also stamp duty and capital gain tax is involved.