About Lina

Lina · ‎29-03-2019

Hi all, thanks for the replies. We have asked the incoming mortgagee to separate the workspaces, but they insisted to have one workspace so that they can register one mortgage for both purchase and refinance properties. So now all the transactions have to be in one workspace...

Lina · ‎22-03-2019

Hi there, we are the solicitor acting for Incoming Proprietor for a NSW property. A workspace has been set up for the purchase matter. Now the incoming mortgagee just advised that there will be simultaneous settlement for both purchase and refinance, and added a second refinance property into the same workspace. Please advise us whether the incoming mortgagee should create a separate workspace and link it to the existing workspace for the purchase, rather than add the refinance property into the same workspace. Thank you!

Lina · ‎13-08-2018

Dear George, thanks for your reply. yes, it is correct. After Transfer, j oint tenants (A+B) will hold 1/2 as tenants in common with C 1/2. We will lodge it in paper accordingly. Thank you!

Lina · ‎09-08-2018

Hi Team, we now have a matter for related parties Transfer without Contact for Sale. Currently under the title is A&B holding 3/4 shares as joint tenants, and C holding 1/4 as tenants in common. Now A&B wants to transfer only 1/4 shares to C. We have created the workspace for this matter (we act for A&B as Proprietor on title and act for C as incoming proprietor - please let us know if we need to add additional roles). When we try to create the Transfer (we ticked "yes" for T ransfer of a Part Tenancy ), but then we can only select "A&B (3/4 share) " under Transferor, there is no other option for part of the shares transfer (eg.1/4). Please advise us how to create a correct Transfer in this situation. Thank you!

Lina · ‎22-06-2018

Hi there, we act for the vendor, and now is trying to put vendor's account details for the vendor's funds. However, under "account name", there is not enough space for us to put the full account names (we have two vendors and both have middle names). Also for "transaction description", there is no enough space either to put the property address. Could you please let us know whether it can be fixed urgently, as the settlement is due next Monday. Thank you!

About Lina

Re: NSW Purchase & Refinance settlement

NSW Purchase & Refinance settlement

Re: Partial Tenancy Transfer (NSW)

Partial Tenancy Transfer (NSW)

vendor funds account name not enough space