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With Part Tenancy Transfers having been introduced to Queensland in May 2021, I’m now pleased to share that together with the Queensland OSR and Titles Queensland, we’re expanding the functionality to include the following new enhancements:   Part Tenancy Transfers can now be combined with common documents such as the Release of Mortgage, National Mortgage, as well as in combination with multiple transfers and/or other Part Tenancy Transfers. You can now transact where the trustees are on title as Sole Proprietor (Individuals and Organisations) or as Joint Tenants (Individual only). The ‘Evidence of Charitable Trust’ & ‘Evidence of Ministerial Consent’ supporting documentation are able to be uploaded in the role of Proprietor on Title. Transfers are now able to be lodged in combination with Transmission Application (for Sole Proprietors only).   We’ve tested these features extensively together with industry and we’re excited for you to try them out. Check out our help cards and FAQs below to help you get started.   1. What additional consideration types can be completed on PEXA?   PEXA has expanded the consideration type category to include the below: Agreement under the part VIIIAB Family Law Act Assumption of Liability under Mortgage Death and Appointment of a Trustee Discharge and Appointment of a Trustee Financial Agreement under the part VIIIA of the Family Law Act 1975 Pursuant to a Clause in the Trust Deed Pursuant to a Family Law Act order Pursuant to the Rules of Intestacy Pursuant to the Terms of a Will Retirement and Appointment of a Trustee Severance of Joint Tenancy Pursuant to S59 of Land Title Act   2. What is the lodgement fee for a Part Tenancy Transfer?   Please refer to our Pricing Schedule for up-to-date pricing.   3. How can I access the OSR support resources for Part Tenancy Transfers? OSR support resources can be accessed here:   Electronic conveyancing transactions toolkit Transfer duty eConveyancing (relevant transfer agreement) tutorial Transfer duty eConveyancing (ELN lodgement) tutorial   4. What do I do with supporting documentation such as Certified Court Orders?   The Subscriber should retain supporting evidence in accordance with the Prescribed Requirements and Rules 6.6 of the Participation Rules (Queensland).  The Business Rules outline that this evidence does not need to be deposited when settling via PEXA.   5. There is a mortgage on title and the parties have consent of the mortgagee, can I do a PTT in PEXA without releasing the mortgage? Transferring the property with a PTT subject to mortgage can be facilitated by PEXA and in order to satisfy Titles Queensland, please refer practitioners to Section 63 of the Land Title Act 1994 (the Act) which provides for the transfer of a mortgaged lot.  It is recommended Subscribers consider the application of this section of the Act when conducting transfers where a mortgage is not being released prior to the transfer of the lot.   6.  Out-of-scope Part Tenancy Transfers:   Members please note that the below scenarios are presently out-of-scope for Part Tenancy Transfers.   Proprietor(s) on Title, who are staying on title and changing Shares or Tenancy Type (this will become available in line with Release 15 on 8 November 2021) Proprietor(s) on Title, who are staying on title and changing Shares or Tenancy Type, who are Australian citizens not residing in Australia (expected go-live 2022) Proprietor(s) on Title who are Foreign Persons or Foreign Organisations (expected go-live 2022)   6. What types of transactions can I complete on PEXA?  For a full list of transactions that be completed on PEXA, click here.   As always if you need support, reach out to your PEXA representative – we’re here to help. ... View more

Cyber scams are continuing to threaten property industry members and their clients.  Keeping on top of the latest developments, maintaining defensive strategies and understanding your risk profile are all key to ensuring your firm remains safe.   To support our Queensland members, we’ve partnered with the Queensland Law Society to offer a comprehensive online course for $99. This Electronic Conveyancing Security Toolkit course offers compliance in a box – it provides a great start for you to ensure your adherence to the latest guidelines from ARNECC and boosts your firm’s electronic safety.   Through this course you'll learn about:   ARNECC’s cyber-security requirements and how to satisfy them The importance of cyber policies Why cyber risk is everyone’s responsibility in a business Practical steps to protect yourself, your business and your clients Details: Expert overview session, 2 concise modules and downloadable resources Duration: Approx. 90 minutes, on-demand Price: $99 incl. GST   Register   What are the benefits?   Safeguard your business – learn to know the risks and minimise them Assists with compliance relating to ARNECC’s Model Participation Rules You could earn 1.5 CPD points. See more details here              Other ways to get security savvy and stay safe:   Watch our recent recording of our cyber security webinar Review PEXA’s hints and tips Tap into other great resources provided by the Queensland Law Society Need a hand?   If you’ve any questions, speak to your PEXA representative. And, as always, if you see something suspicious, please report it to security@pexa.com.au. ... View more

PEXA offers integration and automated solutions through our APIs allowing your system to integrate directly with the PEXA platform.   By integrating with PEXA, members can create business efficiencies to reduce double handling, minimise manual data entry and provide a seamless user experience. We have a range of APIs that can be used across every transaction type, including large scale projects and multi lot developments.   You can read more about our APIs on our website via this link.   For more information on how to get started, book a consult with our API Services team today by completing the form at the bottom of the APIs website page or reach out to your Practitioner Specialist.” ... View more

We have received feedback from OSR that when stamping via OSR Online Practitioners are failing to enter the ABN for entities or are simply entering in “000 000 000”.    To ensure that you are compliant, as a registered self-assessor, with OSR’s stamping requirements they have asked that you please ensure that you do an ABN Lookup prior to the commencement of stamping.   If you have any queries in relation to stamping please contact OSR to discuss. ... View more

As announced by the Queensland Government, the State’s titles registry is being transferred to the Queensland Future Fund. This transfer will be effective as of 19 June 2021.   The Titles Registry Alert issued on 16 June 2021 advised the following:   While there will be some minor changes associated with this transfer, it remains business as usual for all functions of the titles registry.    What will change:   A new name – Queensland’s titles registry will soon be known as ‘Titles Queensland’.  Email addresses – an email redirect will be put in place, but please update your address books. After the transfer, our new general enquiries email will be ‘info@titlesqld.com.au’.  Payment details – new payment details will apply to certain lodgements and eLodgements occurring after the transfer. Please see Titles Registry Alert 181 for details. Website – we’re launching a new website (https://ddec1-0-en-ctp.trendmicro.com:443/wis/clicktime/v1/query?url=www.titlesqld.com.au&umid=24539b43-813c-4d73-9b6d-ae7ce958063a&auth=d80602a275fb47274f3b6719fdb442e099be8325-593332d428311b0870b4d0033ce2b2b1d912afc9), which will remain a key contact point for existing and new customers of Titles Queensland. Please update links in your browsers. The current website will have re-directs established to the new site in the days following the transfer. What won’t change:    Our products and services – all existing functions will remain unchanged, our enquiries phone number and postal address will remain the same.  Our team – all our existing teams will be retained during the transfer, ensuring the depth of expertise is preserved.  Our lodgement and enquiries process – eLodgement and eConveyancing will remain as our primary lodgement options. The Brisbane (Albert street) drop-off box, the post, as well as existing state-operated regional counters will still be available as lodgement and search options, meaning there will be no change to the way transactions are lodged and enquiries are made. The Land Title Practice Manual will also continue to be available on our new web site. Our commitment to service – our focus remains on providing high quality titling services to industry and to the community. If you have any questions, please contact the Titles Queensland team at titlesinfo@resources.qld.gov.au. ... View more

Including an attachment with an Electronic Conveyancing Document is only permitted in limited circumstances.   Unlike paper instruments or documents, in most instances, Electronic Conveyancing Documents are not required to be accompanied by supporting evidence or other documentation.   The Registrar relies on certifications made by the Subscriber who digitally signs the Electronic Conveyancing Document under the Participation Rules, including certifications that they have retained evidence supporting the Electronic Conveyancing Document and that they have taken reasonable steps to ensure that the Electronic Conveyancing Document is correct and compliant with relevant legislation.   Information on the attachments to be included with each dealing type is detailed in each relevant part of the Land Title Practice Manual under the heading eConveyancing.     Industry_Transfer_Guidelines_v2_May_2018.pdf ‏319 KB ... View more

We have received several queries from Financial Institutions and Practitioners about the newly introduced scope for Part Tenancy Transfers in QLD and just wanted to ensure that you are all across the scope and current limitations.    Standalone Part Tenancy Transfers and additional consideration types are now available for our Queensland members on PEXA.   Please note there is currently a limitation with only standalone Part Tenancy Transfers being in scope (this means that no other document type can be transacted in the same workspace as a Part Tenancy Transfer -for example Release > Transfer > Mortgage )   We’ve worked closely with industry to deliver this new feature and some of our members have already tested it out during our soft launch period to ensure a smooth transaction experience for all.  Here’s some feedback from Robbins Watson Solicitors:   “It is very efficient and I like the way you only have one workspace to deal with making it is much easier to act on behalf of both people."      We understand that you might have some questions, so we’ve compiled a list of FAQs below.  You can also read our  help cards.   OSR has updated the   Electronic conveyancing transactions toolkit   and has new online eConveyancing tutorials to guide you through lodging a transaction in OSR Online:   Transfer duty eConveyancing (relevant transfer agreement) tutorial Transfer duty eConveyancing (ELN lodgement) tutorial   If your question isn’t answered below, please don’t hesitate to ask us in the reply section below or reach out directly to your PEXA Specialist.   1. What additional consideration types can be completed on PEXA? In addition to standalone Part Tenancy Transfers, the following consideration types can be completed in PEXA in full or partial shares:   Agreement under the part VIIIAB Family Law Act Assumption of Liability under Mortgage Death and Appointment of a Trustee Discharge and Appointment of a Trustee Financial Agreement under the part VIIIA of the Family Law Act 1975 Pursuant to a Clause in the Trust Deed Pursuant to a Family Law Act order Pursuant to the Rules of Intestacy Pursuant to the Terms of a Will Retirement and Appointment of a Trustee Severance of Joint Tenancy Pursuant to S59 of Land Title Act   2. When will I be able to complete Part Tenancy Transfers within other workspaces? Currently any dealing with a  partial tenancy transfer must be done as a standalone transaction. This means that no other document type can be transacted in the same workspace as a Part Tenancy Transfer   (for example Release > Transfer > Mortgage)    We are working closely with the OSR and the Department of Resources to bring the full functionality to you in September 2021.   3. How much are standalone Part Tenancy Transfers? Please refer to our   pricing schedule   for up-to-date pricing.   4. How can I access the OSR support resources for Part Tenancy Transfers? OSR support resources can be accessed here;   Electronic conveyancing transactions toolkit Transfer duty eConveyancing (relevant transfer agreement) tutorial Transfer duty eConveyancing (ELN lodgement) tutorial   5. What do I do with supporting documentation such as Certified Court Orders? The subscriber should retain supporting evidence in accordance with the Prescribed Requirements and Rules 6.6 of the Participation Rules (Queensland). The Business rules outline that this evidence does not need to be deposited when settling via PEXA.   6. What types of transactions can I complete on PEXA?  For a full list of transactions that be completed on PEXA,   click here. ... View more

From 1 July 2021, PEXA’s fees for Queensland will align with our national pricing. Check out PEXA’s pricing page for FY22 fees to update your precedents and any other required documents.   We're here to help   We hope this notice has given you time to prepare for this change. As always, we are committed to supporting you and your firm – our free on the ground support remains available as well as a direct line to our support centre.   Please contact us if you have any questions.   ... View more

QLD Titles Registry have announced their revised fees for Queensland Titles Registry lodgements and searches will take effect from 01 July 2021. For a summary listing the revised fee amounts please (click here). The 2021-22 fees are prescribed in the Debt Reduction and Savings Bill 2021 (the Bill) which is available on the Office of the Queensland Parliamentary Counsel website. Commencement of the revised fees is subject to the passing and commencement of the Bill which is expected to occur later this financial year. As such, the fee details provided in this alert are a preliminary notification to assist with planning and system updates. A further Alert confirming the commencement of the revised fees will be forwarded by Titles at the earliest opportunity. ... View more

  A big thank you to Robbins Watsons Solicitors for taking part in our Part Tenancy Transfers (PTT) and expanded considerations soft launch. Alexandra Hughes, Solicitors and the team completed the first Family Law Transfer in QLD today.   Everything went off without a hitch and we’re excited for the rest of the market to start benefiting from this new feature.   For more information about PTT and expanded consideration types, visit out FAQs page  here.         ... View more

    With well over 100,000 buyers and sellers invited to use the app, PEXA Key is fast becoming a vital tool for lawyers and conveyancers during settlement. Join our live Q&A panel of expert practitioners as we discuss how PEXA Key is being utilised at their firm to help benefit their clients.     Click here to register for a PEXA Key Webinar   ... View more

In the days and hours leading up to settlement, it’s common for settlement times to be updated. If you’ve already accepted the original settlements, re-accepting these can be time-consuming and needlessly put settlements at risk.   To streamline the re-acceptance process and reduce disruptions, in our January Release  13.0.0 & R13.0.1, we introduced a new feature that remembers your previous acceptance where only the settlement time has changed. Meaning that if you already accepted the original settlement   date and time, you won't need to go back into the Workspace to accept the amended settlement   time. (If you hadn't previously accepted the settlement date and time, your status will remain 'Pending'.)    You'll still be notified of any changes to the settlement date or time, regardless of your acceptance.   We understand that one size does not fit all, so we’ve built a switch that allows you to turn this feature off. However, we strongly encourage you to make the most of the benefits this feature will deliver to your organisation.   This feature’s switch can be found by navigating to   Administrator Tools   >   Manage Subscriber Details   then scrolling down to the   Financial Settlement section.   Please reach out to your Practitioner Specialist if you have any queries about these changes. ... View more