Hi Toni, Thank you for your reply. I would like to see PEXA improve the system to allow a workspace to be created sooner than when the Transmission Application has registered. We don't prepare the Contracts in Qld - the Real Estate Agents do and when PEXA becomes compulsory in our State the Seller will not be able to comply with the Contract condition. If you can accommodate Off the Plan Contracts via the PEXA Projects Platform why can't there be a similar system for these scenarios when the Contract is subject to the Seller becoming the registered owner by the Settlement Date ? This will give the banks the time they need. We do a large number of transactions which is subject to registration of ownership whether it be Transmission Applications or other scenarios like subject to registration of CMS in a 2 lot scheme and the Seller and Buyer will not understand why we can't settle in 7 days, especially if the Buyer is about to be homeless. PEXA is flawed in this respect and I would like to see this added to your Agenda for review at a later date.
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