About GeorgePolus

Hi Monica,   Transfer of Interest (non dutiable) will be enabled in NSW in Feb 2020 as part of PEXA Release 11.1.   Transfer of interest (non dutiable) is already enabled in VIC and SA.    Please let me @GeorgePolus know if you have more questions.   Regards, George ... View more

Hi Brett,    NSW LRS have been working on re-platform of their application.  Consequently, some enhancement works have taken a back seat while this essential work is completed.   That said, in NSW the ability to add a Ministers or Caveators Consent to any dealing will be enabled in Feb 2011 as part of PEXA Rls 11.1   Rgds George ... View more

Toni-Maree   I cannot speak for NSW LRS, but I expect they will do one of two things. 1.   Allow the Proprietor (or their representative) to lodge the Paper Title and Discharge over the counter in paper.  or; 2.  Require that the Mortgagee (who is still on title from the Registrar's perspective) to lodge an electronic Discharge of Mortgage.    If LRS require Option 2 above, then your client will need to contact the original Mortgagee to initiate the Discharge process.   Given the Mortgagee is a private Mortgagee, they will need to be represented under a CAF.    The Discharge may be lodged separately, or in combination with (in the same lodgement case) the Transfer that your client is seeking to effect.    Please let me @GeorgePolus know if you have more questions.    Rgds George      ... View more

Hi Susan NSW LRS and PEXA completed development works in early 2018 to enable ‘Multi’ titles for electronic lodgement.   In short, all proprietors on the multi entitlement lot are received into PEXA and shown on the Land Title Screen.   A business rule (implemented both within PEXA and at NSW LRS specifically for Multi Entitlement folios) requires that ALL proprietor parties must relinquish their holding in full in order for transfer of land to be effected.     In the scenario you describe, I anticipate that there may be a complication with NSW OSR.  Because the rule from NSW LRS will require that all PoT PArties relinquish their holding, Party C may only be shown as receiving 1/1 when in fact this is not the case; Party C is receiving less then 1/1.    We continue to seek clarification from NSW OSR for handling of such matters where the business rule logic for NSW LRS conflicts with that of OSR. I have asked for one of our PEXA Direct Specialist team members to reach out to you to assist.     Please let me @GeorgePolus know how you get on.   Rgds George ... View more

Hi Osman,   I assume you are speaking about NSW.   It is always helpful when you ask questions to specify jurisdiction as rules differ by jurisdiction.    Assuming NSW  . . . .   Regarding client under PoA. Please refer to clause 5.6 of the MPR.  This clause provides the detail which should assist you.  Regarding your comment re; 'Standard Requisitions'.  I checked with NSW LRS.   Neither NSW LRS nor I understand what you mean by: "If the transfer or any other document to be handed over on completion is executed pursuant to a power of attorney, then at least 7 days prior to completion a copy of the registered power of attorney should be produced and found in order"   Would you please clarify.    Please contact me @GeorgePolus  if you need more info.    Rgds George ... View more

Hi Trevor,   SRO VIC have been enabled to lodge Stat Charges and Withdrawal of Stat Charge on PEXA since 2014.   However, understandably, SRO VIC are not resourced to be able to participate in live workspaces.   Hence, VIC SRO are not visible in PEXA to be able to invite them into a workspace.   The agreed procedure is as follows.   The vendor rep makes an undertaking to the SRO that the Charge will be paid out immediately upon receipt of proceeds of sale. Once the SRO is satisfied with the undertaking the SRO will remove the Stat Charge from title within their agreed SLA time frame (which I am sorry I do not know what it is) Provided a PRN is available to the Vendor Rep for remittance of the monies associated with the charge, the Vendor Rep may create a PEXA FSS Disbursement directly to the VIC SRO to pay the debt from the proceeds of sale.  Please let me @GeorgePolus know if the above answers your question.   Rgds George ... View more

Hi @WMBCAT    Thank you for the detail - however, I am afraid this dealing must still revert to paper.    Rgds George ... View more

Hi Cathy,   This is a very strange scenario indeed.      In short this dealing must be completed in paper.    Today, neither LUV nor PEXA support scenarios where a Transfer by Mortgagee is enforced over some of the proprietors.    Regards, George ... View more

Hi Kristine,   NSW LRS have enabled Lease for electronic lodgement and the Lease dealing type is available in PEXA.    If you elect to proceed down  the electronic path, electronic lodgement of a lease will not, in an of itself, force the dealing to paper.    If you have specific questions about how to create a Lease in PEXA, please contact you local PEXA Direct Specialist or write to me @GeorgePolus at any time.    Regards, George ... View more

Hi Rebecca   The message you refer to is returned to PEXA by Landgate.      Given the volume of questions posted on Community regarding Landgate rule:  BR00956 I wrote to Landgate in August 2018.  Below is a copy of the questions I asked and the responses returned by Landgate (these are in italics).   With specific reference to Land gate rule BR00956:   Under  what conditions is this Warning message invoked? If the Party Receiving is an Organisation the message is invoked when the Legal Entity Name does not match the full legal name as registered by ASIC.    What is the action that Landgate is expecting a PEXA user will take upon receipt of this message? Correct the entered data if necessary. Lodgement is not prohibited by this message.   If no action is taken by the PEXA user, what are the potential implications? Auto registration will fail. If the provided data is incorrect the lodging party may be requisitioned.   Are all of the Warning and Information messages returned to PEXA by Landgate really necessary?   Is there a possibility we might review and cull the messages that are not essential? Agree. We are currently reviewing all rules in anticipation of our next schema implementation.   I am sorry that I cannot provide more detail as this is all I have.    Regards, George ... View more

Hi all,   I just learned from NSW LRS that they have determined not to build the capability to consume PEXA attachments for Caveators / Minsters Consent in August as they had previously advised.     Therefore, the procedure I outlined above re: sending Caveators / Ministers Consent will prevail for now, and I expect at least until Feb 2020.   If NSW LRS defer beyond Feb 2020, I will let you know.    Regards, George     ... View more

Hi Tara   Please click here to be directed to the Community response I wrote earlier today.    Please let me @GeorgePolus know if the procedure documented in the post is not what you are looking for.   Regards, George ... View more

Hi Simone and Melanie,   I spoke again with NSW LRS this morning.      We discussed the physical lodgement of the Caveators / Ministers consent and NSW LRS agreed that this is a difficult and costly process for members.  Most particularly, members who are remote from Sydney CBD.    Consequently, NSW LRS have agreed to allow Caveators / Ministers consent to be sent by email.   Below are details of the procedure.   This procedure will remain in place until NSW LRS enable consumption of attachments from the PEXA workspace which NSW LRS currently plan for August 2019.    Prepare and lodge the dealing requiring Cavaeators / Ministers Consent via the PEXA workspace. Once the dealing is accepted for lodgement, navigate to the PEXA Documents screen.  Locate and record the Dealing Number of the dealing requiring Caveators / Ministers Consent by expanding the row of the dealing.  Locate and record the Lodgement Case ID by expanding the Lodgement Instructions row. Attach a PDF copy, ensuring the PDF is not password protected, to an email addressed to:  econveyacingnsw@nswlrs.com.au.    Be sure to quote the Lodgement Case ID and Dealing Number in both the Subject Line and body of the email. In the body of the email add a line requesting that the attached Caveators / Ministers Consent be attached to Dealing Number xxx in Lodgement Case ID xxx.   Please let me @GeorgePolus know if you have more questions   Regards George    ... View more

Hi Melanie,   Per my post to Simone just a moment ago, once NSW LRS enable the capability, you will be able to attach (via the PEXA Attachments functionality) an image of the Caveators Consent to almost any Dealing Type in for NSW via PEXA.   There will be no need for a special role.   Today, (and I double checked with NSW LRS on this today) you may still Lodge dealings subject to Caveators / Minsters Consent in PEXA.   But, you must then physically lodge (via paper) the Caveators Consent over the counter at NSW LRS and have NSW LRS match the Consent to the electronic lodgement case.   Per standard procedures, NSW LRS will requisition an electronic lodgement case requiring Caveators / Minsters Consent lodged without such Consent .  However,  provided, when you lodge the paper Caveators Consent letter / Ministers Consent, it is explained to the NSW LRS representative that you were unable to attach the Caveators Consent to the electronic lodgement, then NSW LRS will waive any requisition fee.    Also - per post to Simone, I expect to learn from NSW LRS this week that they will build the capability to consume Caveators / Ministers consent attachments from PEXA from August 2019.      Please let me @GeorgePolus  know if you have more questions.    Regards, George   ... View more

Hi Simone,   I specifically double checked with NSW LRS today for you on this particular question.     Today, if a dealing requires a Caveators or Ministers consent in order to register, NSW LRS will allow the dealing to be lodged in PEXA.    However, the Dealing(s) will not Register until the Caveators / Ministers Consent is physically lodged (via paper) to NSW LRS. NSW LRS also said that as part of standard procedure they would requisition electronic dealings lodged (those requiring Caveators/Minsters Consent) without receipt of the physical consent.  However,  NSW LRS stated that, provided  the paper Caveators / Ministers consent is lodged over the counter at NSW LRS and the party lodging the paper consent over the counter explains that reason the paper consent was not submitted electronically is because this capability is not yet enabled, then NSW LRS would waive the requisition fee.    So when will members be enabled to submit Caveators Consent / Ministers consent via PEXA?  Subject to NSW LRS agreement, this feature will be enabled in PEXA August, 2019.  (I will be able to confirm later this week once NSW LRS advise me). From a PEXA standpoint, lodging electronic dealings with images of physical attachments is existing PEXA  functionality.   NSW LRS need to enable the ability to consume attachments uploaded to PEXA.  NSW LRS already have the capability to consume  some attachments for some Document Types lodged via PEXA.  What NSW LRS need to enable is the processes to deal with Caveator/Ministers consent attachments for almost all Document Types .  This is what is taking the time and effort on NSW LRS behalf.   Please let me @GeorgePolus know if you have more questions.    Regards, George   ... View more

Hi Brett,   NSW LRS are yet to confirm that they will be enabled to consume Misters Consent and Caveators Consent attachments via electronic lodgement.   Subject to NSW LRS confirmation this capability will be enabled in NSW in August 2019.  Please note- NSW LRS have previously advised that they will confirm capabilities that they will deliver for August 2019 to me during this current week.   Please let me @GeorgePolus   know if you have more questions.   Regards, George   ... View more

Hi Lisa,   In VIC, Transfer of a Lease Interest requires Duty Assessment.   At present, transfer of dutiable interests is not enabled in VIC.  At this time I do not have a planned release date for this capability,   Please let me @GeorgePolus know if you have more questions.    Regards, George ... View more

Hi Jess   In VIC the OSR have commenced issuing BPay references on Land Tax statements.   This means that Land Tax in VIC may be remitted via the PEXA BPay capability.   You can do this today.   However you wil be required to manually enter the BPay biller ID as well as the Payment Ref.     Shortly,  PEXA will create a dedicated Line Item category for payment of VIC Land Tax.  PEXA will then pre-populate the VIC SRO biller ID and provide validation on the Payment Ref that accords with the rules BPay assign to VIC SRO.    Please let me @GeorgePolus  know if you have questions.   Regards, George ... View more