About TSullivan

Hi Jode.  Thanks for your question.    You are right. In the May release, you will be able to complete this as a Part Tenancy Transfer, whereby Transferors would be A and B and Transferees would be C and D.    Until then, you can do this using the normal Transfer, whereby A B C D would be Transferors and then C and D would be Transferees.     You will need to re-create C and D as Incoming Proprietor Parties.    Please note: that the other benefits of the May release for NSW and SA is that you will be able to re-use the Proprietor on Title Parties as Transferees if they are 'staying' on the Title.    In regards to the Caveat..  You are able to prepare and lodge a Withdrawal of Caveat in the same lodgement case as the Transfer. This is existing PEXA functionality.    Hope this helps and let me know if you need further information!    Regards,    Travis Sullivan - PEXA      ... View more

Hi Maree.    You certainly can when you represent the Purchasers. We offer this ability in VIC, NSW and QLD.    Create your workspace in the role of Incoming Proprietor and you can create and lodge your Priority Notice whenever you are ready ahead of your Financial Settlement.    It is best to lodge your Priority Notice once you are certain of the financier, but if there is any doubt or you think it might change, you can either:    1. Lodge your Priority Notice in a separate Workspace (using the role of Applicant - purpose built for standalone PN lodgement), or   2. Create a Withdrawal of Priority Notice document and place it in your Transfer lodgement case. Set the order of lodgement of the WPN to the first document in the lodgement case. This will ensure that the PN is removed immediately before the Transfer is registered.    Hope this helps.    Regards,    Travis Sullivan - PEXA  ... View more

Hi Chris.    Currently Victoria is the only jurisdiction where Transfers of Interest (Mortgage and Annuity Charge) can be lodged through PEXA.    Other jurisdictions will hopefully be coming soon and we will advise the community when they do.    Regards,    Travis  ... View more

Hi.    NSW Lease will be available in PEXA in Release R9.0.1 (December 2018).  Surrender of Lease will be available in a later release and this will depend on the priorities of the NSW Land Registry.    There will be release notes available before December, but if you would like to discuss in more detail, or if you have any specific questions on NSW Leases, please let me know.    Regards,  Travis Sullivan - PEXA  ... View more

Hi Jack. I have been able to successfully save a mortgage that matches your scenario. To achieve this, I took the following steps: At the participants screen, edit the unrepresented party that has the correct name (John Smith) Scroll down to find the ‘Previous Name on Title’ section. At the question ‘Add a previous name on title?’, select YES. Select the previous name (John Bradley Smith) and select your justification reason. Select SAVE. Create your Mortgage. Select both Titles and John Smith will automatically be populated as Mortgagor.   Note: I completed the above steps in WA, but this solution is the same across every jurisdiction.   Please let me know how you go with this.   Regards,   Travis Sullivan – PEXA ... View more

Hi Shane.  Thanks for your question.    The way that it works, is that the default address populated into the document will be the particular 'Lodgement Correspondence Address' of that jurisdiction, for the subscriber.  For example, if the Caveat affects a title in NSW, the subscribers NSW 'Lodgement Correspondence Address' as provided as part of your subscriber profile, will be populated as the default Service of Notice Address in the Caveat.    The subscriber does have the ability to change the address populated, as required.     Please also note, PEXA is bound by Land Registry rules when it comes to Document Address requirements, so the ability to provide multiple addresses is not something PEXA can currently offer.    I hope this response helps and if you have any more questions, please let me know.    Regards,  Travis Sullivan  ... View more

Hi Jack. Thanks for the question. This limitation will be resolved in PEXA Release 7.1 (February 2018). You will then be able to provide the name justification and reference both Titles in the Mortgage document (in Victoria). Please let me know if you have further questions.   Regards,   Travis Sullivan ... View more

Hi RD,   The VIC Survivorship is of a Registered Proprietor at this point in time.   There are plans to extend this functionality to include Survivorship of an Interest Holder, such as Mortgagee, Lessee, etc.   The timeframe for implementing this is still to be agreed with each jurisdictions Land Registry.   Regards,   Travis Sullivan ... View more