This has been a problem with our firm as well. In most cases we have had to transfer funds from our office account to the trust account as some transactions simply cannot wait for a client to transfer funds to us.
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Hi George,
Thank you for your reply. Yes, you have understood the scenario correctly. I will keep my current workspace open as the settlement is not due until September so I will touch base later in the month.
Thanks
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Hello,
Can someone please advise if it is possible to settle via PEXA when the Transferor is the Executor of an estate and also holds a share of the property in their own right? I have created a workspace and in the land titles description it shows both proprietors on the title but in the participants it only shows one party.
VIC transaction.
Thank you,
Chrystal
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