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Hi, is a Transfer of Mortgage able to be lodged by PEXA yet in NSW?

mcronin · ‎14-11-2018

Hi George, Thank you for your assistance. The transaction was completed in the one Workspace with two Transfers. Regards, Monica

mcronin · ‎10-10-2018

Hi Morri, as i understand PEXA you can only do simultaneous settlements using 2 different workspaces if you act for the Vendor in the preceding workspace and act for the Purchaser in the trailing workspace. I act for the Vendor who is selling the one property (which has 2 separate titles) via 2 Contracts to 2 different Purchasers (using 1 practitioner and 1 incoming mortgagee) and there is only one Mortgage to be discharged. I received previous advice from PEXA that settlement would have to be done in one workspace with 2 Transfers. I am just trying to figure out the PEXA fees. thanks

mcronin · ‎10-10-2018

Hi, I am acting for a Vendor who is selling a rural property that has two titles. Each title is going to a different Purchaser. As the sales are interdependent on each other we are using the one Workspace. Accordingly, there will be 2 Transfers. i.e. A to B (one title) and A to C (the other title). What will be the PEXA fee charged to the Vendor? Thanks. Monica

mcronin · ‎20-09-2018

Hi, I am acting for a Vendor who is selling a rural property via 2 Contracts, each Contract has a separate title however there are 2 different Purchasers. Contract 1 is to Mr & Mrs X Contract 2 is to Mr & Mrs X as Trustee for their super fund There is one Mortgage over both titles. The Contracts are interdependent on each other (i.e. settlement is to occur simultaneously). Can I link the Workspaces? Monica

mcronin · ‎21-05-2018

We hold an original Discharge of Mortgage (NSW) from the National Australia Bank Limited dated August 2017. How can we get the same registered? Can we lodge through PEXA when we don't act for the Mortgagee? We understand that NSW LRS won't take over the counter. Will we have to get the Bank to lodge?

About mcronin

TRANSFER OF MORTGAGE (Transfer of interest) NSW

Re: Interdependant Contracts

Re: 2 Transfers in one Workspace

2 Transfers in one Workspace

Interdependant Contracts

Discharge of Mortgage - can I lodge through PEXA w...