About fgm

fgm · ‎29-11-2018

A suggestion: when a subscriber is in a workspace in more than one role (e.g. proprietor on Title and incoming proprietor) it would save us time if, when settlement dates are changed you you in one role it is automatically accepted by you in the other role. Or even the ability to opt-in to this e.g. a check box on the changing settlement date/time page. Would save valuable time from having to switch roles.

fgm · ‎20-11-2018

Answered by calling PEXA: Yes - to stamp it as one transaction can only have one workspace. No - mortgagees cannot create two mortgages in one workspace.

fgm · ‎08-11-2018

I have a contract coming up for settlement which involves two Titles. The Bank wants to take a separate mortgage over each Title. As there is one contract this needs to be one transfer so as to be stamped correctly and I believe this requires one PEXA workspace. Is this correct? The Bank is of the understanding that they cannot prepare two separate mortgages in one workspace as they will not be able to get to a "ready - ready" status. Is this correct? If so, how can I process the transfer and two mortgages?

fgm · ‎29-10-2018

We are acting for a purchaser who is buying a property which will be subject to a mortgage. The bank is also taking security of a Title already owned by the purchasers which is presently unencumbered. My question is whether I can use one workspace which includes the transfer of the vendor's Title, and then a mortgage over both Titles?

About fgm

Automatically accept settlement date

Re: Two separate mortgages over two Titles in one ...

Two separate mortgages over two Titles in one work...

Transfer and mortgage in one workspace