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2 weeks ago
I logged into PEXA this morning for a matter settling today and notice the increase in PEXA fees from 112.60 to 129.03. I did not receive any notification of an increase and why the big increase? Surely PEXA can't randomly increase fees without notification. Is this why there is going to be competition in the electronic settlement arena.
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- Must be multi title
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28-06-2018
12:52 PM
I act for the Vendor and hold the Certificate of Title together with a Discharge of Mortgage. I have been told we will need to do a paper settlement. The purchasers have cash and their representative has been told it must be done on PEXA. I cannot see a way to upload the Discharge of Mortgage so it can be registered with NSWLR. Matter is due to settle 2/7/2018. The purchasers solicitor wanted a paper settlement from the start of this matter but today they have been told they have to do PEXA. Too late for me to organise discharge of NSWLR.
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01-06-2018
11:29 AM
1 like
Love this new feature. I put in the email details and messages to everyone that needs to know the matter has settled. This takes a lot of pressure off me ringing and emailing everyone after the fact when I am often too busy to contact everyone straight away.
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01-06-2018
11:00 AM
1 like
I do not imagine that if disbursements fail documents would be lodged. If disbursements fail it would stay in that mode until disbursements go through then documents lodge. Am I correct in saying that PEXA?
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17-05-2018
10:27 AM
Will the water usage adjustment be amended as well on 21 May? Needs to show last meter reading, daily average, period and option for vendor or purchaser payments.
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11-05-2018
02:47 PM
1 like
Thank you so much for the help matter settled, all good. I could not believe how easy that was to fix. I was using the land titles search on top of the screen instead of left hand side.
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11-05-2018
01:16 PM
I have been on hold to the help centre for 20 minutes. I have tried everything to fix this problem
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11-05-2018
01:15 PM
1 like
I have a settlement scheduled in 1 hr. Notice of sale comes up with an error - invalid street address I did the title search and it shows no address. How do I manually input the address?
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11-05-2018
10:07 AM
if the other side agree that land tax can be paid on settlement by including payment to NSW Revenue in the destinations, that is one way. Most parties require a clear land tax certificate prior to settlement and really should send to other side 14 days prior to settlement. Or agree to hold back money from deposit pending a clear land tax certificate.
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23-04-2018
04:49 PM
There should be an option to include all purchaser's names in "party for notice"
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23-04-2018
03:51 PM
1 like
when entering water usage there is no space for date of last meter reading, average daily consumption and cost per kl. I am sure there used to be when the settlement adjustments first came out on PEXA. The last few purchases I have done it seems to have disappeared so I have to work out the amount first and put the amount payable by purchase under other.
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21-04-2018
07:28 PM
1 like
With transfers between spouses when a marriage breaks down and there are six properties involved, six transfers, 3 to one spouse, 3 to the other, 6 discharge of mortgages and three banks involved would you recommend linking all six transfers?
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19-04-2018
01:29 PM
I haven't had any problems with surplus funds. The Banks usually put in the payout figure on PEXA and I send a conversation letting them know they have authority to receive surplus funds and the amount for them to change the figure to include the surplus funds. Seems to work well. They would not know the exact figure for the surplus funds unless told by the solicitor or conveyancer.
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19-04-2018
12:30 PM
I have not received my certified badge yet after completing all the modules successfully in January 2018. Is there something else I should do? I do not have a PEXA support person anymore to ask.
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19-04-2018
09:35 AM
1 like
Everything is prepared in the workspace but it is still showing in preparation, I can't work out why it is not in prepared status, settlement is in a couple of hours, PEXA has not loaded the fees and the outgoing mortgagee has not put in an amount but all documents are prepared
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18-04-2018
05:08 PM
2 Likes
Hi I have completed and passed all the learning modules and have not received the PEXA certification or trophy. What happens now?
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16-04-2018
12:08 PM
3 Likes
I did the same thing. Looks like the Banks don't seem to have it together yet. When a PEXA settlement they can check the Transfer that has been created in the workspace.
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21-03-2018
10:55 AM
1 like
Hi Belinda, I could not upload an example of the information here I have sent an email with an example. It would be as simple as completing Transfer or notice of sale within PEXA
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09-03-2018
02:38 PM
3 Likes
Is there some way Owners Corporation can receive notice via PEXA at time of settlement similar to notifying the Agent that settlement has taken place? Perhaps when selecting Agent there could be an option to select Strata/Owners Corp as well.
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