About nicolalambrakis

nicolalambrakis

Hi @GeorgePolus Would you be able to confirm what would happen to the PEXA workspace if the title was still showing the error at Settlement? I assume the lodgement would fail? We have been working through the impacted workspaces with assistance from PEXA & LUV (thanks all!) to ensure we correct the error using the workaround noted above but I'd like to understand if it wasn't done how would the workspace (& participants & customers be impacted?) Thank you

nicolalambrakis

LUV have confirmed that a fix will be implemented tonight to prevent this issue happening for future sub-divisions. They have also noted a 2nd fix will be implemented by the end of the week to retrospectively fix titles already impacted. If these titles are in an active workspace, the workaround noted above will need to be followed.

nicolalambrakis

Did you send LUV the impacted VOL/FOL first? They need to update the title details on their system first.

nicolalambrakis

Thank you @GeorgePolus LUV have confirmed there is an issue & they expect a 'fix' to go in by the end of the week. In the meantime, they have advised the following workaround - I have sent them the VOL/FOL to update at their systems first & then complete the following steps: 1. Navigate to the Land Titles screen. 2. Add a new title – any title, but not one you are using for this project. 3. Then remove the title that refers to the interest folio. 4. Then add your correct title back into the workspace – you should see that the reference to “interest title” is gone. 5. Then remove the title that does not belong to this workspace. We will test the workaround shortly.

nicolalambrakis

We have attempted to settle a purchase in PEXA in Victoria however the error: 'This title is an Interest folio. An electronic Transfer cannot be completed using this title' is displaying in the land title screen. We have contacted LUV to gain assistance however they couldn't explain the error & asked that we lodge/settle in paper instead using the 'Request to accept paper lodgement form'. The other participants in the workspace are not pleased with moving settlement to accommodate a paper settlement. Are you able to shed any light on this scenario? Thank you

nicolalambrakis

Thank you George

nicolalambrakis

Hi George, have you been able to put together a response on this query as yet? I've just returned from annual leave & cannot see a response. Thank you

nicolalambrakis · ‎07-09-2018

Hi George, is there any chance you're able to provide an update for NSW first. The question has been raised with the upcoming bulk conversion of titles to eCT. Thank you

nicolalambrakis · ‎05-09-2018

In the case of a sub-division where a mortgagor may lose (or gain) land, a partial discharge is required & then a new mortgage - can this be done via PEXA? If so, what's the process & how are the fees associated paid?

nicolalambrakis · ‎02-08-2018

Thank you George

nicolalambrakis · ‎01-08-2018

Could you please confirm if there is any requirement (in any PEXA state) for a practitioner to hold a paper copy of a Transfer when lodging in PEXA. In SA I've been told that it is not an LTO requirement to hold a paper copy however Revenue SA have a requirement that we retain a copy of the 'stamped' document. Could you please confirm as we have received this query from a NSW practitioner. Thank you

nicolalambrakis · ‎20-07-2018

Thanks Emily & Congratulations to the Community on turning 2!! And well done to all of the Award winners! @jgusew - It's all about research, research, research!!

nicolalambrakis · ‎13-07-2018

Is it possible to change the name of this topic to VIC Bulk Conversion FAQs & add a new section for NSW Bulk Conversion FAQs. The ORG has just launched it's new page regarding the bulk conversion coming up in September: http://www.registrargeneral.nsw.gov.au/eConveyancing/bulk-conversion Thank you

nicolalambrakis · ‎25-05-2018

Hi, I would like to be involved in the beta for SSO. Thank you

nicolalambrakis · ‎07-05-2018

It would be helpful to have a summary of the different roles in a PEXA workspace & what documents are viewable to each. We are also experiencing the same issue as #JB_Legal where a practitioner will create a document related to a Consent matter (just one example) however depending on the role in the Workspace we may or may not be able to see the document. Does a summary of the roles in a PEXA Workspace & what documents are viewable to each exist anywhere or is it possible to create in the training material or online tutorials? Thank you

nicolalambrakis · ‎23-04-2018

Yes, that's correct @jgusew. As @ Sarah_Jewell noted earlier in this post Westpac now has a dedicated line for our PEXA/eSettlements team if you require assistance the day of or day before Settlement. When calling settlements, choose the PEXA Settlements option.

nicolalambrakis · ‎17-04-2018

I loved every moment! Thanks PEXA & thanks to the other Super Users!!

nicolalambrakis · ‎16-04-2018

Could you please confirm if there are any other times when a mortgage document would become unsigned, given the enhancements & changes in PEXA since this article was published? Thank you

nicolalambrakis · ‎23-03-2018

In regards to the DA Sent & DA Received checkboxes and the Loan Documents Sent & Loan Documents Received checkboxes, could you please confirm when these checkboxes are visible? Are they present in all Workspaces or only where certain roles are filled? Or other requirements met?

nicolalambrakis · ‎22-03-2018

Thank you Simon, I received an email from your Help Desk confirming they had misinformed me and we can include a Discharge of Mortgage & Mortgage in the same workspace as the Survivorship application. It's only a Transfer that cannot be included. Thank you

nicolalambrakis · ‎22-03-2018

Please note, error in comment above: Calendar: Releases, Planned Outages, & Public Holidays | March 2018 2 April 2018 - Good Friday (National) This is Easter Monday, not Good Friday. Thanks

nicolalambrakis · ‎21-03-2018

I would like to ask about the PEXA Support Desk and it's future strategy to grow and support a larger user base. We've already noticed an increase in wait/hold times when calling for support and once transfers become mandated assume that call volumes will increase further and the complexity of calls will also have an impact on your ability to service customers. In addition, the skill set & experience of those staff answering calls must provide us with a level of confidence that information provided is accurate. Its important that PEXA subscribers - whether banks, solicitors or conveyancers - are able to gain assistance & prevent potential customer impacts. Thank you

nicolalambrakis · ‎19-03-2018

Simon, I have been on the phone with your PEXA Helpdesk and they noted this was NOT possible. I am confused. I can provide you with the INC number if required. I've also confirmed with another colleague who also called the PEXA helpdesk and was told this was not possible. Can you please confirm. Thank you

nicolalambrakis · ‎19-03-2018

When an FI receives a survivorship application from a solicitor, where a discharge is also required as the debt has been repaid, can we create the discharge document & lodge in the same workspace? or does a new workspace need to be created? If not, please explain why? We have been receiving survivorship applications from Solicitors with the role of Mortgagee on Title instead of CT controller which has been causing some confusion. Thank you

nicolalambrakis · ‎13-03-2018

Is it possible to note these changes or a link to this location on the Service Charter Section 8.2 to ensure it's not missed?

nicolalambrakis · ‎28-02-2018

Thank you - you've both been very helpful & informative.

nicolalambrakis · ‎27-02-2018

I have a query regarding the Document Types when creating a nomination, what is the difference between the Transfer and Transfer by Mortgagee. When would each document type be used? How is the nomination treated differently for each option? Thank you

nicolalambrakis · ‎23-02-2018

Hello all, I'm looking for advice from other FIs regarding sub-divisions in NSW where we no longer receive a paper title. Upon lodgement via PEXA, we receive an excel spread sheet (CoRD Notices) from NSW LRS that contains confirmations of dealings lodged - however the data contained is minimal & does not include the PEXA WID or Subscriber Reference. In addition, once the subdivision has been completed, the new CT details are not advised via the CoRD notice (the parent title details are listed only) and we are not able to update our security information with the new VOL/FOLIO details. How are other FIs dealing with this? We have approached NSW LRS to update the CoRD Notices spread sheet however they have advised this will not be possible. Thank you

nicolalambrakis · ‎09-02-2018

Thank you George. I've also spoken with Paul Major at LUV about the opportunity in future to add this type of information to the eCT - which could then flow through to PEXA. It would be ideal if we could build on the technology of an eCT to allow us to display a link between the strata titled property and car park

nicolalambrakis · ‎05-02-2018

In Victoria where strata titled properties with an associated car park have separate (linked) titles, is there any plan for PEXA & LUV to develop the capability to show this link on the Title screen? As we all move 'online' with our transactions & no longer have physical 'packets' with CTs enclosed we have seen an increase where the linked car park is being missed. In some cases the title search will display "Registration of Dealings with this Unit is Restricted" which can be investigated however this is not always the case. As a mortgage needs to be taken over both titles, failure to identify the car park results in a requisition & rework & the banks taking on the risk of unsecured debt when the workspace financially settles. Thank you

About nicolalambrakis

Re: This title is an Interest folio. An electronic...

Re: This title is an Interest folio. An electronic...

Re: This title is an Interest folio. An electronic...

Re: This title is an Interest folio. An electronic...

This title is an Interest folio. An electronic Tra...

Re: Partial Discharge

Re: Partial Discharge

Re: Partial Discharge

Re: Partial Discharge

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Requirements of practioners to hold a paper Transf...

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Re: Bulk Conversion FAQs

Re: PEXA Release 8.0.1 | 11th June, 2018

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Re: Standalone Survivorship Application (ASP) - VI...

Re: Standalone Survivorship Application (ASP) - VI...

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Re: Create a Nomination - VIC

Re: Create a Nomination - VIC

NSW CoRD Notices - Current format - Subdivisions

Re: Victoria - Strata Titled properties & associat...

Victoria - Strata Titled properties & associated C...