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To assist you in completing a Standalone Transfer in PEXA as Proprietor on Title we have prepared the following instructions. Please see  Completing a Transfer Representing the Vendor NSW  for the existing processes to complete a conveyance in PEXA.  Transfer  Help Guides  are also a great tool that will give you quick and easy steps to assist you in completing your transfer.   Click on the Proprietor on Title video or click here to launch the tutorial in a new screen   Note: This article presumes a general understanding of PEXA Workspaces, roles, and how to navigate in PEXA. If you do not have this background knowledge, we recommend you step through the  PEXA Certified   content in the Community.   Step by step guide for Proprietor on Title Before you begin your transaction in PEXA ensure: You have your clients date of birth You have the obtained the paper Certificate of Title from your client (where applicable)  Create a new Workspace or accept the invitation to join a Workspace a. To create a new workspace, select Create New Workspace from the Dashboard.    Ensure you have the following information: Jurisdiction: NSW Representative Role: Proprietor on Title Land title reference (ensure to hit Validate) Subscriber workspace reference: This is your file name or matter number Financial settlement required: Yes (select the date and time) Workgroup: Assign Workspace to a Workgroup Select Save   Note: Even if the transfer you are completing does not have a monetary consideration, a financial settlement date and time is required as the applicable PEXA fees, Land Registry lodgement fees and Stamp Duty amount (if applicable) will need to be paid via the workspace.   b. Accepting a Workspace Invitation Click Invitationsfrom the top Navigation menu to open all invitations requests Select View to open and review the selected invitation Complete the details and select Save     Review the Land Title Details Navigate to the Land Titles screen to review the data that has been returned from the Land Registry to ensure it is as you expect.   Navigate to the Participants screen to represent your client For the Proprietor on Title select Action Cog > Edit  Ensure to select I Represent this Party, complete the details for your client and select Save.   Invite Participants (if you created the Workspace) On the Participants screen select Invite Participant to invite the Incoming Proprietor into the Workspace Complete the details and select  Save   Create the CoRD Holder Consent Once the Transfer document has been created you will need to create the Consent document. Proceed to the Documents screen > Create Document > Consent For further information on completing Consents please select here .    Sign the Documents Once the Document Verification Result for each document is Successful you are ready to sign. Select the Action Cog for Transfer > Sign   Note: Ensure to sign the: Transfer, and Consent      Complete the Financial Settlement Statement Proceed to the Settlement screen > Adjustments and Payments > Add Destination Ensure to add all destination line items     Note: Ensure to complete the Destination Fund Details and Payment Details For Rates and Third-Party Beneficiary line items you are required to select the Incoming Proprietor as the Associated Subscriber If applicable enter Source Funds Select Source Funds > Add Source     Note: Source fund line items can only be added via your nominated trust account or PEXA Registered Source account. For further information please see Trust Account FAQ’s , PEXA Source Account FAQ’s and PEXA Source Account Information    a. Verify the funds by selecting Action Cog > Verify   b. Authorise Trust Funds by selecting Action Cog > Authorise Funds       9. Monitor the Workspace Monitor the workspace via the Workspace Summary screen. Once all participants have completed all outstanding tasks the workspace will move to Ready/Ready     For further details on why your settlement may not be in a Ready/Ready status please click here .   Note: If your Workspace is not at a Ready/Ready status at the scheduled settlement date and time, settlement will automatically be pushed back by 30 minutes to allow the outstanding tasks to be completed. Further Note: If a Positive Title Activity Check is identified before settlement, the Incoming Proprietor will need to acknowledge the Positive Title Activity Check before the settlement can proceed. For further information please click here .  ... View more

To assist you in completing a standalone Transfer in PEXA as an Incoming Proprietor we have prepared the following instructions. Please see  Completing a Transfer Representing a Purchaser  for the existing processes to complete a conveyance in PEXA.  Transfer  Help Guides  are also a great tool that will give you quick and easy steps to assist you in completing your transfer.   Click on the Incoming Proprietor video or click here to launch the tutorial in a new screen   Note: This article presumes a general understanding of PEXA Workspaces, roles, and how to navigate in PEXA. If you do not have this background knowledge, we recommend you step through the  PEXA Certified   content in the Community.   Step by step guide for Incoming Proprietors Before you begin your transaction in PEXA ensure: You have your clients date of birth You have registered for Electronic Duties Online (EDR)   Create a new Workspace or accept the invitation to join a Workspace a. To create a new workspace, select Create New Workspace from the Dashboard.   Ensure you have the following information: Jurisdiction: NSW Representative Role: Incoming Proprietor Land title reference (ensure to hit Validate) Subscriber workspace reference: This is your file name or matter number Financial settlement required: Yes (select the date and time) Workgroup: Assign Workspace to a Workgroup Select Save  Note: Even if the transfer you are completing does not have a monetary consideration, a financial settlement date and time is required as the applicable PEXA fees, Land Registry lodgement fees and Stamp Duty amount (if applicable) will need to be paid via the workspace.   b. Accepting a Workspace Invitation Click Invitationsfrom the top Navigation menu to open all invitations requests Select View to open and review the invitation Complete the details and select Save      Review the Land Title Details Navigate to the Land Titles screen to review the data that has been returned from the Land Registry to ensure the details returned are as you expect.   Navigate to the Participants screen to represent your client Select Create Party Complete the details and select Save.   Invite Participants (if you created the Workspace) On the Participants screen select Invite Participant to invite the Proprietor on Title into the Workspace Complete the details and select Save   Create the Transfer Document a. Proceed to the Documents screen and select Create Document > Transfer    Complete the detail and select Save. b. Select the Action cog for the Notice of Sale > Edit   Complete the details and select Save. Complete Stamp Duty Proceed to the Stamp Duty screen and retrieve the Lodgement Case ID Proceed to EDR and complete the Stamp Duty assessment Once the Duty assessment is complete, proceed to the Stamp Duty screen and select Enter Duty Information > OSR Reference number > Save    Complete the documents Once the CoRD Holder Consent has been created in the Documents screen, select the Action Cog for the Lodgement instructions > Edit Ensure to confirm: Order of Lodgement Responsible Subscriber Select Save    Sign Documents Once the Document Verification Result for each document is Successful you are ready to sign. Select the Action Cog for Lodgement Instructions > Sign   Note: Ensure to sign the: Lodgement Instructions Transfer, and Notice of Acquisition    Complete the Financial Settlement Statement Proceed to the Settlement screen > Adjustments and Payments > Add Destination Ensure to add all destination line items   Ensure to complete the Destination Fund Details and Payment Details   Note: For Rates and Third-Party Beneficiary line items you are required to select the Proprietor on Title as the Associated Subscriber   Enter Source Funds Select Source Funds > Add Source    Complete the details and select Save.    Note: Source fund line items can only be added via your nominated trust account or PEXA Registered Source account. For further information please see Trust Account FAQ’s , PEXA Source Account FAQ’s and PEXA Source Account Information    a, Verify the funds by selecting Action Cog > Verify   b. Authorise Trust Funds by se lecting  Action Cog  >  Authorise Funds          11. Monitor the Workspace Monitor the workspace via the Workspace Summary screen. Once all participants have completed all outstanding tasks the workspace will move to Ready/Ready     For further details on why your settlement may not be in a Ready/Ready status please click here .   Note: If your Workspace is not at a Ready/Ready status at the scheduled settlement date and time, settlement will automatically be pushed back by 30 minutes to allow the outstanding tasks to be completed. Further Note: If a Positive Title Activity Check is identified before settlement, the Incoming Proprietor will need to acknowledge the Positive Title Activity Check before the settlement can proceed. For further information please click here .    ... View more

How to complete a Transfer for an estate where you act for both the the beneficiary and the executor for NSW   A Transfer for a wills and estates matter can be completed in PEXA.    Please see Completing a Transfer Representing a Purchaser and Completing a Transfer Representing the Vendor for the existing processes to complete a normal conveyance in PEXA.  Transfer Help Guides are also a great tool that will give you quick and easy steps to assist you in completing your transfer.   Note: This article presumes a general understanding of PEXA Workspaces, roles, and how to navigate in PEXA. If you do not have this background knowledge, we recommend you step through the PEXA Certified  content in the Community. If you represent the beneficiaries in PEXA and sign documents on their behalf, ensure you have fulfilled all the Model Participation Rules. For further details on your requirements please see www.arnecc.gov.au .     STEP BY STEP:   Create a Workspace in the role of Proprietor on Title. Note: the Workspace will require a Financial Settlement even if the transaction is non-monetary. This is because the PEXA fees, lodgement fees and Stamp Duty (if applicable) will be paid at settlement. Check the Land title On the Participants screen you will see the Executors/Administrators listed as Unrepresented parties Select the Action Cog next to each party Select Edit Party, choose "I Represent this Party" and complete the party details If you represent the executor, an additional role of Incoming Proprietor to the workspace.  This is done via the Workspace Settings of your matter. For a step-by-step of this process,  click here. In the newly created Incoming Proprietor role, select Create Party, and create the party who is beneficiary If there is a   Mortgagee on Title/Incoming Mortgagee   you need to invite them to participate in this Workspace by selecting   Invite Participant   on the   Participants   screen Navigate to the   Documents   screen,  Select   Create Document   >   Transfer   Complete the information on the Transfer. In NSW a   Notice of Sale   document will need to be completed Complete the Stamp Duty If the title is unencumbered, you will need to complete a   Consent NSW. This will be completed via the Proprietor on Title role.  Proceed to the   Settlement   screen, and   Prepare the Financial Settlement the Financial Schedule Sign  off on all documents and financial line items using the normal  signing process ... View more

To assist you in completing Transfers in PEXA, we have new quick and easy Help Cards. This document will assist you in completing your tasks as a Purchaser (Incoming Proprietor) and/or Vendor (Proprietor on Title):   Completing a Transfer Representing an Incoming Proprietor - Help Card   If at any point you would like to confirm that you have completed the relevant tasks or you are questioning why your workspace is not Ready Ready please refer to the below link: ' Helpful hints - Why is my settlement not ready?' It is a great tool to get you in the practice of monitoring and assessing your own workspaces!   Completing a Transfer Representing a Proprietor on Title - Help Card ... View more