Occasional Contributor

Re: Release of Charge

I think the answer to this may be that a transfer will be registered irrespective of whether:


  • there is a statutory charge on title; and


  • there is a lodged-but-not-yet registered 'release' (or request to cancel or withdraw) the statutory charge,


and that the property remains subject to the charge until the 'release' (request) is registered, in the hands of each of the transferor and transferee, respectively.