About Morvanna

Kathryn Smith of WGC Lawyers, Cairns took PEXA for a ride over the weekend.  Outback advertising at its finest!   ... View more

A massive shout out to Kelly Legal (Property Law Centre) for becoming the first firm in Mackay to become PEXA Certified.  As respected property solicitors who operate throughout the whole of QLD they have led the way with their early adoption of e-conveyancing.  They have been instrumental in encouraging and supporting their peers through the PEXA journey and really epitomise the sense of community that is reflective in the Mackay region.   ... View more

When creating a Priority Notice in a Transfer workspace the system automatically pulls across the Incoming Mortgagees details from the Participants.   Those details may not always be correct.   For example if St George is the Incoming Mortgagee this will pull into the Priority Notice but “Westpac Banking Corporation” is actually the Incoming Mortgagee that needs to be noted and you would therefore need to update prior to saving the document and lodging.    To assist you with this we have installed a WalkMe pop up when you add in the Incoming Mortgagee which reminds you to check the Incoming Mortgagee’s details are correct. ... View more

A huge shout out to the team at Whitsunday Law in Airlie Beach for becoming PEXA Certified.   This small and super friendly firm pride themselves on their devotion and commitment to their clients and their willingness to move with the times.  As early adopters of PEXA they really have shown their dedication to ensuring that the services provided to their clients is state-of-the-art and of the highest standard.    A very well deserved award for their commitment and hard work.   ... View more

Yesterday I had the great honour of graduating PD Law in Airlie Beach from the PEXA Direct Program.  As early adopters of PEXA in QLD this firm has shown amazing leadership and support amongst their peers and have embraced the challenge of adopting e-conveyancing head on right from the outset.    Their website talks about their commitment to adapting and adopting change and the importance of taking on innovative new technology to provide a better service to their clients.  Their dedication to adopting and embracing e-conveyancing is testament to this.    Congratulations on an a very well deserved graduation.     ... View more

When creating your Destination payments in the Financial Settlement Schedule is it important that you put the correct  Transaction description so that the party receiving the funds is able to then reconcile the monies.  When creating this payment the system automatically inserts the PEXA Workspace ID, however, you should be mindful that most parties receiving these funds will require their specific reference instead.  For example; if the Agent if receiving payment for the balance of their commission they would require the Invoice Number noted on their statement.   This link provides more information on creating Destination payments - Complete Destination Details. ... View more

Looking to learn more and build on your PEXA skills? The training team run a number of webinars, hosted here in Community, that are free to register and participate in. Next month’s webinars cover Completing the Financial Settlements Schedule, Standalone Mortgage, Discharge of Mortgage and Refinances. To register for a webinar, visit the Webinar Hub on Community and click on a webinar to go to it’s registration page.   ... View more

Community has a wide range of webinars available which are run by our Training Team. These webinars are a great resource to learn all things e-Conveyancing with webinars ranging from Transfers 101 to Projects, to advanced PEXA skills. If you’re just starting out, the Transfers 101 webinars, tailored for Queensland, are a perfect place to start – the next one is on Wednesday 19 June. To register, visit the Webinar Hub on Community, filter for Queensland and click on the webinar to go to the registration page.       ... View more

In PEXA, all Transfer documents must have duty accounted for at the time of lodgement. PEXA has an automated duty verification process that communicates with duties online for your jurisdiction, sending details from your Workspace to the online duties system for verification.   Each jurisdiction has a different requirement for when duty needs to be assessed. In QLD, stamping must commence in the PEXA Workspace so that an ELN Transaction Number generates. This ELN Transaction Number allows PEXA and OSRconnect to communicate and for Transfer Duty to be verified once stamping has been submitted in OSRconnect. To see more information on Transfer Duty and the steps required visit this   Help Centre Article. ... View more

Legalsense NQ Lawyers in Townsville shared the photo below with me today after finalising their user setup ready to start transacting in PEXA.  They are very excited to be moving into a paperless (and penless) environment.  I think this photo really sums up what PEXA is all about and look forward to them sharing more of their journey in the future.     ... View more

Stamping in PEXA is quite topical amongst our subscribers at the moment, so we thought it may be useful to post a refresher outlining some simple steps that will help overcome a common error that causes delays.   In QLD, Stamping must commence in the PEXA Workspace so that an ELN Transaction Number generates.  This ELN Transaction Number allows PEXA and OSRconnect to communicate and for Transfer Duty to be verified once stamping has been submitted in OSRconnect.  If stamping is previously done in paper then the ELN Transaction Number does not exist and the system is unable to verify Transfer Duty.  As a result the transaction will then need to revert to a paper settlement. Please   refer here   for more details on the OSR process for stamping in PEXA.    The correct order of steps to stamp in PEXA are: When in the role of Incoming Proprietor, create the Transfer document (this will remain in a status of "In Preparation" until these steps are complete) Complete the details of the Form 24 Part A Seller completes the details of Form 24 Part B Once both Form 24 documents have a 'Prepared' status, navigate to the Transfer Duty screen.  Click Enter Duty Information and select the appropriate Transfer Duty option.  Click Save and receive your unique OSR Transaction number.  Open OSRconnect Using the OSR Transaction number you received in the PEXA Workspace, locate the duty transaction in OSR Connect and complete your application for duty assessment.  Once duty assessment is complete, return to PEXA and click Verify Duty to confirm the duty results. Your PEXA Direct Specialist is always available for further support and helpful tips, and please share on Community if you know a handy way of remembering the order for stamping in PEXA. ... View more

A great way to build your understanding and knowledge is to learn from your peers. PEXA community is designed to connect all members of the industry, enabling everyone to share their learnings and work on problems together. Have you got a burning question? Reach out for some help from others who’ve done it all before, Ask the PEXA Community.   ... View more

Whether you’re completing a PEXA Transfer for the first time or would like to build on your confidence and knowledge using PEXA, we’re here to help you every step of the way. There are plenty of helpful resources on the e-Conveyancing Community to guide you on your way to a successful settlement. If you learn by watching, then PEXA TV is for you, with videos guiding you through each step of completing a transaction.     ... View more

Another great Resource tool we have to support you every step of the way, is our Help Centre. The Help Centre is full of helpful articles on how to do all things PEXA, including specific instructions on Completing  transfers in Queensland.   ... View more

QLD Transfer Duty - Endorsing of ELN Transaction Documents & Payment Obligations   We often receive queries from our QLD Practitioner  Members on the relevant section of the Duties Act 2001 that relates to the  endorsement of ELN transaction documents and the making of payment commitments for Transfer Duty, particularly as the Transfer Guidelines require stamping to take place prior to the settlement date and, if the Bank is advancing all funds, prior to receipt of the Transfer Duty.   The QLD Office of State Revenue have provided the following reference points to assist Practitioners as follows:-   The relevant part of the legislation in regards to the endorsement of ELN transaction documents and the making of payment commitments is at section 480A(2) of the Duties Act 2001 , which states:   “A self assessor registered under chapter 12, part 2 or 3 must not endorse an ELN transaction document for an ELN transfer under section 455A on the basis that section 22 (2A) applies to the ELN transfer unless a payment commitment has been made for the relevant transfer agreement.”   For reference section 22(2A) of the Duties Act 2001 states:   “Also, if a payment commitment is made for a dutiable transaction that is an agreement for the transfer of dutiable property, no transfer duty is imposed on an ELN transfer of the dutiable property to the transferee under the agreement.”   Should you require further clarification on the above then you should contact OSR .   For general queries regarding stamping ELN Transactions please refer to the OSR PEXA Toolkit . ... View more

Welcome to the FNQ Community page! Community is a great way to engage with your peers, find useful resources and create change.  This page has been designed for firms in FNQ who actively wish to transact in PEXA. Please make yourself at home, share your experiences, and utilise your network to increase your knowledge and the amount of PEXA-able files you have in your office.    Congratulations on being the change makers in your community and transforming the property exchange experience. ... View more