About Essem

Appalling performance by Bank SA/St George yesterday   DA instructions to take surplus funds   First conversation from St George confirming they had instructions to take surplus funds   Come settlement, only put in loan payout figures.   Requested in 6 conversations for bank to take surplus funds per DA instructions - no response to any of them.   Meanwhile sat on HOLD listening to how much the bank appreciated my patience and someone would be with me soon.  One hour later I gave up and 10 mins before settlement I assigned surplus funds to myself and entered bank details in accordance with DA details.   Banks need to start being accessible and following through on instructions. ... View more

Were we not sold on using PEXA to avoid delays in settlements and not having to spend time on hold to banks?   WESTPAC are you listening?  Settlement that was due last Wednesday (over a week ago ) still hasn't happened and Westpac discharges still haven't accepted date/time for tomorrow.  My purchasers are in limbo with no timeframe as to when this might happen.   NAB - loan documents signed Tuesday with banker, but NAB message me just now saying loan still being assessed and to get settlement extended by 3 days.  No settlement is Monday 31st May.   Its too easy for banks to delay settlement - we can only communicate by message in PEXA and then hope someone takes action   ... View more

Is this available in PEXA?   If so, does the Transferor's Certifier certify pursuant to S55a of the Law of Property Act ?   Anything else I need to know when creating a Workspace if this is available in PEXA?     ... View more

Hi, Leases are being mandated for electronic registration in SA from 3rd August 2020. I've just done a test run for a dummy lease and have come up against a couple of issues. 1.  When the lease is over portion of the land, we describe the area being leased according to the plan lodged at the LTO - this could be a Filed Plan or a GRO Plan.  Eg "Shop 4 in GRO Plan 230 of 1980".  Or "Tenancy 3 in FX123456"  There is no drop down to use these plan references in PEXA. 2.  The dummy lease I prepared I tried to "view" so I could print out the information as it would appear, but there was no ability to view the document.  I went into the document and tried the cog it was not viewable.  Which means it is uneditable once you close out of it.     ... View more

I prepared a paper Transfer for Opinion stamping with Revenue SA some months ago.  I did not select e-conveyancing when submitting for Opinion. The document was assessed exempt and completed and I have the Certificate of Stamp Duty with Doc ID.   As it was originally prepared in paper and not anticipating completing in PEXA, if I were to create a Workspace for the transaction in PEXA and insert the Doc ID received from Revenue SA on the Certificate of Stamp Duty, would this verify the stamp duty and enable the transaction to be completed in PEXA?   ... View more

I've just created a Workspace and entered 4 CTs to create a Caveat. Same Caveator and Caveatee, same interest being claimed. I created the document and there was a drop down for the first CT. There was no option to "add" the next title - I could only create a new document for each title. Now we've been slugged 4 LTO registration fees and 4 PEXA fees.   This can't be right?   ... View more