Hi, Mr & Mrs have their own titles for their half shares. They've both given me instructions to set up a mortgage over their shares, i.e. both titles, the whole property. When I validated the titles setting up the workspace, it said: "This title is valid for electronic lodgement. This title is an Interest folio. An electronic Transfer cannot be completed using this title". Which is all fine with me, because I registering a mortgage, there is no transfer invovled. So I get to setting up my mortgage. In titles, I make sure both are added. Mortgagor, I add both from the dropdown because I cannot select 'Proprietor on title' or 'Incoming proprietor'. But this detail turns out to be fatal for my mortgage. When I try to save it, I get the error "Mortgagor type is required." So my questions are, 1. Is this PEXA error, or 2. Should I be setting up the mortgage over the parent title (that is presumably in both names) 3. Am I forced to register two separate mortgage? Are you able to advise please?
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