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since ‎19-06-2018
‎15-10-2020
WMBCAT
WMBCAT
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Latest Contributions by WMBCAT
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  • Latest Contributions by WMBCAT

Financial Settlement in Section 104 PEXA Workspace

by WMBCAT in Ask the PEXA Community
‎06-10-2020 03:36 PM
‎06-10-2020 03:36 PM
We are involved in a sale transaction which includes interest folios (hence the section 104 workspace) and want to settle on PEXA.   Does the Mortgagee on Title get invited to that workspace as "to deal with an interest" in order for the financial settlement to be carried out?   Thanks. ... View more
Category:
  • Financial Settlement

Warrant of Seizure and Sale

by WMBCAT in Ask the PEXA Community
‎31-08-2020 12:34 PM
‎31-08-2020 12:34 PM
How doe we register a Warrant of Seizure and Sale on Title in Victoria? ... View more

Permanent Custodians Ltd

by WMBCAT in Ask the PEXA Community
‎21-11-2019 12:59 PM
‎21-11-2019 12:59 PM
We need to arrange for Permanent Custodians Ltd to nominate a title in PEXA Workspace. Who do we invite into the workspace to do this? ... View more
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Re: Fractional Interest - Sale by Mortgagee and Pr...

by WMBCAT in Ask the PEXA Community
‎19-07-2019 02:39 PM
‎19-07-2019 02:39 PM
George, Cathy made the inquiry on my behalf. So that you have the full picture - 1. The Title has 4000 equal parts or shares. 2. A owns 3194 of such shares unencumbered. 3. B owns 403 of such shares and are subject to two Mortgages, the Mortgagee under both Mortgages is A. 4. C owns 403 of such shares and are subject to two Mortgages, the Mortgagee under both Mortgages is A. 5. A has sold the whole of the interest in the Title as to 3194 shares in his own right and as to the remaining 806 shares  as the Second Mortgagee thereof. 6. The First Mortgage will be discharged at Settlement by A. Does the foregoing alter your advice? John. ... View more

Fractional Interest - Sale by Mortgagee and Propri...

by WMBCAT in Ask the PEXA Community
‎17-07-2019 07:48 PM
‎17-07-2019 07:48 PM
We act for the Proprietor on Title who has sold a share in a property in Victoria as well as the Mortgagee who has sold the other share as Mortgagee in Possession.   Is this transaction able to be done on PEXA?    If so, how?   Thanks. ... View more

Transfer of an interest from legal representative ...

by WMBCAT in Ask the PEXA Community
‎19-06-2018 06:59 PM
‎19-06-2018 06:59 PM
We act for the legal personal representative who is a tenant in common with another proprietor of land in Victoria and her share is being transferred to the beneficiary under the Will.  How is this transfer done in PEXA? ... View more
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