About ReneeD

I wonder if there is some assumption - which the system effectively enforces - that trustees (if more than one) must hold as joint tenants. If I am the principal behind the creation of the trust and decide to appoint and entrust A and B specifically to be trustees, presumably I will want to see title vested in the trust property, in them, as joint tenants. I don't want either A or B to be able to transfer a 1/2 interest to Joe Blow. If one should die, I don't want the 1/2 interest vesting --  upon his or her death in her legal personal resp -- whom I might not even know.  ... View more

I am trying to create a Transfer in a Qld PEXA Workspace where the three transferees are trustees.   There is no tenancy option for "as trustees" which is what is required on paper titles and as per the Land Titles Practice Manual.  There is also no option to record the dealing number where the trust documents have been deposited. As per the Land Titles Practice Manual, transfers without this detail get requisitioned.   I would appreciate advice on how PEXA deals with these issues in Transfers to Trustees. ... View more