About cstewart

Hi, please see Fees, guides and forms (land.vic.gov.au)  and you will find the Guide to applying for a new Folio of Register  You can do in in PEXA in residual documents. This guide sets out the requirements to lodge an Application for new folio of the Register – form 11, under the Transfer of Land Act 1958. This form is used to apply for a new Folio of the Register.     Cheers ... View more

Hi, the requirements for related party transactions are:  Related party including associated or fractional interest transfers | State Revenue Office (sro.vic.gov.au) I have recently completed 2 or 3 related party transactions on this basis, without any requirement for bank statements    The additional requirements regarding evidence of bank statements etc. is usually only in the circumstance where settlement has taken place, and you are attempting to obtain a refund.  Is that the case in your circumstances?     ... View more

Hi, nothing's a stupid question when you are starting out.  The PEXA support team are wonderful, so give them a call and they will walk through it with you.   Good luck in your PEXA journey, you will learn it very quickly.  ... View more

Hi, have you created the workspace as CT Controller? ... View more

This is really a great result.   It is an example of a full team approach when Subscribers really do have a voice and PEXA took up the request and ran with it.  Thank you.   Now to push the envelope a little, and we all like a challenge -   In the circumstances of Transmission and Survivorship Applications, we still have to draft a standalone Notice of Acquisition Smart Form on the SRO website.  Will a NOA be generated in the Workspace (as for transfer workspaces) at some time in the future for these types of documents.   Cheers all ... View more

Thank you @JonTeh    An email process is fine, but what email address is chosen by Land Use Victoria.  Currently we have not received any emails for the s104 lodgements I  have completed. ... View more

@stephec0  Great suggestion; I to have problems with the delay in reconciliation.... My accounts department usually has to chase up by general email to the firm, as I have not yet received the mail notification prior to the direct debit taking place.     ... View more

@JonTeh This is wonderful news.  We experience difficulty every time we try to lodge a S173 paper dealing (over part land eg. unregistered plan in play) as it doesn't meet PEXA requirements.  We have to go to the LTO and experience push back every time...  Now, it appears that problem is solved so it will make things so much easier in those circumstances. ... View more

Hi, are in you Victoria? If so, you can just nominate them into the existing workspace, as the Incoming Mortgagee will have included them in their Mortgage document.   ... View more

Hi see  RECORD - LEASE Transfer of Land Act - section 66, in Residual Documents.   See Land Use Victoria for requirements to lodge a residual document  https://www.propertyandlandtitles.vic.gov.au/forms-guides-and-fees/electronic-lodgment/key-documentation   ... View more

Good morning,   I have been dealing with City West Water in relation to this issue.    For certainty their notification should be read as: the form of Notice of Acquisition that is prepared in PEXA should be printed to pdf. and attached to an email to the water authority (and applicable council).  They do not want to receive the electronic NOA smart form from the SRO web site.  Their preferred email address is <NoticeofSale@citywestwater.com.au  I have been using this process successfully with the other water authorities.   Cheers,    ... View more

Hi @KR, not necessarily.   As a subscriber  we have an automated debit for PEXA service fees, they are not automatically loaded into the FFS destination schedule when we act for either a Vendor or a Purchaser.  We have to enter this $114.07 amount ourselves in our destinations.   For subscribers without an automated debit set up, I can't comment as I don't know.   Kind regards,  ... View more

Hi, I believe you should approach Westpac.   The Bank of Melbourne was established in July 1989, following the granting of a banking licence to the  RESI Statewide Building Society , with a listing on the  Australian Stock Exchange  following on 13 July 1989. The   RESI Statewide Building Society   was granted a banking licence and established the   Bank of Melbourne   in July 1989, listing it on the   Australian Stock Exchange   on 13 July 1989.  On 3 April 1997, Westpac made a $1.43 billion bid to acquire the Bank of Melbourne; on 29 September 1997, holders of 96% of the ordinary shares of the Bank of Melbourne voted to approve the proposal. Conditions of approval for the takeover required Westpac to continue operating the entity as the Bank of Melbourne for three years. The entity traded under that brand name until January 2004, at which point the brand name was replaced with Westpac. [1] ... View more

Hi, the $114.07 is a service fee payable by a Subscriber for using the PEXA workspace.  It is not a registration fee for Land Use Victoria.   If you have set up an automatic debit, this fee will be debited from your nominated bank account.    If it  has been agreed that the purchaser pays your fees, then they can set up a destination line making payment to you (as a reimbursement) to your nominated bank account.   Hope that helps. ... View more

Hi @coofitz  Please refer to NSW Help Cards in Community.  Very valuable resource     Standalone Lease NSW v3.pdf ‏328 KB ... View more

Hi Brianna, this may start being an issue in Victoria also. Currently we set up a Notification to the agent, which is an email from Hunt & Hunt (via PEXA platform) that settlement has taken place, and that they can account to deposit money held in trust to their company in its own right for commission expenses.  It is provided to ensure "real time" notification of settlement and facilitate key release. We have started to get phone calls from agents asking us to confirm settlement has taken place, although they have the email and in one settlement this week, we were asked for an additional letter on letterhead. Hopefully this won't escalate, as the email notification system works well.   Kind regards,  ... View more

 Hi Rebecca, Perpetual are often the custodians only for a number of lenders, for example I liaise with them in relation to Bendigo & Adelaide Bank matters.  If they are registered on title.  Have you tried the PEXA qualifier tool?  Hope that might help.   https://www.pexa.com.au/qualifier-tool ... View more

Hi Thanh,  I refer to our communication last year (copied below)     ThanhHa     ‎12-04-2018   07:47 AM 19607 VIEWS   21 COMMENTS   @cstewart the Transmission requires that all Legal Personal Representatives are represented by the same Participant.   Has this changed?  We have two executors, represented by two practitioners, neither will budge in relation to representation, as they are in dispute. How do we get a Transmission registered - is this sufficient reason for LTO to accept a paper lodgement?   Regards, Thanh ... View more

Hi KR,  I find that in these types of scenarios where the contract details/additional folios don't reflect well in the PEXA initated form; it is best to prepare a Smart Form NOA on the SRO website, and use this to send off to council, water and (if applicable) OC management.  I also, dependent upon the situation send one to Land Victoria with a covering letter, just for certainty. Hope this helps  ... View more

Hi Claudia, have you had any success yet.  My experience has been that if possible, make the amendments required in PEXA to match DOL, as currently amendment to DOL usually means 'unsignng' and extra work for all parties.   Cheers ... View more