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since ‎04-09-2018
‎13-08-2019
lanpexa
lanpexa
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  • Latest Contributions by lanpexa

Re: Opening a new workspace

by lanpexa in Ask the PEXA Community
‎09-01-2019 10:49 AM
‎09-01-2019 10:49 AM
Dear Karien,   No fee will be payable if you open a workspace and then need to withdraw due to the matter not proceeding.   However, if you are in NSW, the standard 2018 contract sets out the timing obligations (irrespective of special conditions),  Generally, the vendor pursuant to clause 30 creates the workspace within 7 days of the "effective date" as defined (when the parties agree it is to settle via an electronic transaction usually upon exchange).      I appreciate that this may be before or after the expiry of the 'subject to finance' clause but in NSW, clause 30 sets out when to create a workspace and timing for a purchaser to accept (or create where the vendor defaults).     Hope this assists.   Lee-Anne ... View more

Re: Duty Verification

by lanpexa in Ask the PEXA Community
‎09-01-2019 09:48 AM
‎09-01-2019 09:48 AM
Hi Connie- have you enter the 7 digits in the first box and then the last three numbers in the second box (eg my code for a transfer I just entered was 001).   Also make sure when on the EDR page entering the dutiable transaction you select that it is a PEXA settlement.   Hope this assists.   Lee-Anne ... View more

Re: Workspace Fees

by lanpexa in Ask the PEXA Community
‎14-11-2018 01:39 PM
‎14-11-2018 01:39 PM
Hi there,   My understanding is that this re-supply fee of $5.50 although invoice- is not actually currently being incurred and withdrawn from our office accounts.  It is shown on the invoice as PEXA is incurring at LRS - but not yet passing it on.   I believe this to to be the current position with the fees not yet actually being passed on to the subscribers. ... View more

NSW Mortgage but only over 50% tenant in common in...

by lanpexa in Ask the PEXA Community
‎04-10-2018 11:55 AM
‎04-10-2018 11:55 AM
Help!   How do I complete a Mortgage taken over only one of the two incoming registered proprietors' interest in the land (NSW).  Ie the land is being purchased by 2 tenants in common in equal shares.  A mortgage is to be lodged against only one of the two tenants in common? ... View more
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