New Contributor
GM2234

Transfer of Lease

Can I lodge a Transfer of lease through PEXA?  Is there a help card?

Star Employee
Star Employee
VesnaVranjes

Re: Transfer of Lease

Hello,

 

Currently you can only lodge a Transfer of Lease as a Residual document - that is create a paper Transfer of Lease, sign & stamp it and then scan &save it as a PDF through PEXA & send it to NSW Land Registry or hand the paper work straight to NSW Land Registry.

Link to how to lodge a Residual document:

https://community.pexa.com.au/t5/Help-Centre/Residual-Documents-Help-Centre/ba-p/14746

 

Cheers

Vesna

New Contributor
DebbyJJ

Re: Transfer of Lease - NSW

Hi,

Is it still the case that Transfer of an existing Lease (as part of the purchase of a real property) needs to be done as a residual document?

 

Debby

Star Employee
Star Employee
VesnaVranjes

Re: Transfer of Lease - NSW

Hello DebbyJJ,

A "Transfer of Lease" is out of scope at the moment and will either have to submitted as a Residual document or lodged in paper to NSW Land Registry.

Please note residual dealing and fully electronic dealing cannot be mixed in the one workspace.

NSW Land Registry have a wavier listed (21.4) for Transfer of Lease:

https://www.registrargeneral.nsw.gov.au/__data/assets/pdf_file/0006/967200/Conveyancing-Rules-Waiver...

NSW Land Registry wavier form:

https://nswlrs.com.au/getattachment/0a9b0dfb-05c9-4283-8451-d5b91503a1f2/Conveyancing%20Rules%20Exem...

Kind regards

Vesna

 

Star Employee
Star Employee
VesnaVranjes

Re: Transfer of Lease

Hello, 

 

There has been an new enhancement just released and you can now lodge a Transfer of Lease on the platform.

 

In documents search" Other Documents" "Transfer of Lease"

 

Both the Transferor ( Lessee) and the Transferee (new Lessee) must be represented in the workspace.

 

We are in the process of creating a Help card & additional community post and should hopefully have the resources available for members shortly.

 

Kind regards

Vesna Vranjes

PEXA Partner - Virtual Hub

 

 

New Contributor
AllyBruce

Re: Transfer of Lease

Hi Vesna

 

Has the help card for Transfer of Lease been created yet? I need to lodge a Transfer of Lease via PEXA and need assistance with the workspace.

 

Thanks

Ally

Occasional Contributor
KRLEGAL

Re: Transfer of Lease

Will it be possible for us to register a Transfer of Lease as a financial settlement where there is an existing Mortgage of Lease to be discharged and an incoming Mortgage of Lease to be registered?

Star Employee
Star Employee
VesnaVranjes

Re: Transfer of Lease

Hello Ally,

 

Yes - there is now help card for a Transfer of Lease.

 

See Residual Documents Help Centre (right at the bottom are all the Help Cards):

https://community.pexa.com.au/t5/Help-Centre/Residual-Documents-Help-Centre/ba-p/14746

 

Kind regards

Vesna Vranjes

PEXA Partner - Virtual Hub

Star Employee
Star Employee
VesnaVranjes

Re: Transfer of Lease

Hello KRLegal,

 

When registering a Transfer of Lease a financial settlement is required. Additional Residual documents can be added within the workspace.

 

However you cannot mix different groups of documents in the one workspace  eg can't mix mainstream documents (e.g. Transfer) with Residual Documents (e.g. Change of Name)  nor Dealing with Exception - all the documents within the workplace need to be of the same type/format.

 

To determine which group/format your individual dealings fall into please refer to the Schedule of eDealings:

 https://www.registrargeneral.nsw.gov.au/property-and-conveyancing/eConveyancing/schedule-of-edealing...

 

Kind regards

Vesna Vranjes

PEXA Partner - Virtual Hub