Further to the above solution, where your NSW Paper Title dated pre-2004 is unencumbered, and you are required to produce your title at NSWLRS, the production code issued by NSW LRS has an expiry of three months from the date of issue.
It is therefore recommended that you do not produce your paper title until the property has sold and contracts have exchanged.
In circumstances where your completion date is more than three months after the date of the Contract, you should only produce your paper title within three months of the anticipated completion date. Otherwise, your client may be liable for a second production fee if your first production code has expired.
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