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We work collaboratively with our clients to build strong, sustainable relationships. Our team is committed to delivering consistent high standards of service, and we understand the importance of accessibility. Working with us, you'll enjoy open communication, meaning well scoped, properly resourced and effectively managed matters.

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Latest Case

Providing strategic advice on expansion structures November 16, 2018

Founded in Bondi Beach in 2012, Bailey Nelson has rapidly grown into a global eyewear retailer and service provider with boutiques in Australia, London, Canada and New Zealand. The strong demand for their products and … Continued

Latest News

Maddocks appoints restructuring and insolvency partner in Sydney January 14, 2019

Monday 14 January  Maddocks has appointed its second new partner in a month with the appointment of Danielle Funston. Danielle is a restructuring and insolvency lawyer who advises clients on recoveries, liquidations, corporate restructuring and … Continued

Latest Article

Made in Australia: Tightened restrictions on the use of country of origin labels January 14, 2019

The recent decision of Nature’s Care Manufacture Pty Ltd v Australian Made Campaign Limited by the Federal Court of Australia has provided much needed guidance on the requirements for ‘Made in Australia’ and other country … Continued

Are you PEXA ready?

The conveyancing industry is about to get another major shake-up as Land Use Victoria (LUV) transitions to 100% digital lodgements on PEXA.

This may have substantial consequences for developers who are coming towards the income realisation and delivery stage of the property development cycle. While PEXA runs smoothly for stand-alone transactions, the industry is still adapting to bulk vendor conveyancing on PEXA.

Developers will also need to be aware of additional disbursements which may be incurred as a result of using the PEXA platform.

A summary of the LUV aspirational timeline, as published in a recent LUV Bulletin, is set out below: From 1 October 2018:

  • All settlements that can be done on PEXA must be done on PEXA.
  • All instruments or a combination of instruments available in PEXA are to be lodged electronically. Examples include a case comprising a withdrawal of caveat, discharge of mortgage, transfer and mortgage. This requirement applies to conveyancers and lawyers acting for a party or themselves and PEXA subscribers.
    LUV will only accept paper lodgements for “stragglers” and only on cases where the transfer instrument is not on PEXA, for example, transfer of lease.
  • It is the LUV’s intention for 1 October 2018 to 1 August 2019 to be the transition period. After 1 August 2019, the LUV will no longer accept paper lodgements.

Maddocks is currently, with a number of other developer law firms, in discussions with PEXA about bulk vendor conveyancing and how to continue to achieve the current volume of bulk settlements in PEXA as opposed to the streamlined process in paper that developer law firms have perfected over the years.

Maddocks is a PEXA ready firm.

Authors
Bettina Sheeran | Partner
T +61 3 9258 3325
E bettina.sheeran@maddocks.com.au
Michael Wong | Associate
T
+61 3 9258 3003
E
michael.wong@maddocks.com.au

The conveyancing industry is about to get another major shake-up as Land Use Victoria (LUV) transitions to 100% digital lodgements on PEXA.

This may have substantial consequences for developers who are coming towards the income realisation and delivery stage of the property development cycle. While PEXA runs smoothly for stand-alone transactions, the industry is still adapting to bulk vendor conveyancing on PEXA.

Developers will also need to be aware of additional disbursements which may be incurred as a result of using the PEXA platform.

A summary of the LUV aspirational timeline, as published in a recent LUV Bulletin, is set out below: From 1 October 2018:

  • All settlements that can be done on PEXA must be done on PEXA.
  • All instruments or a combination of instruments available in PEXA are to be lodged electronically. Examples include a case comprising a withdrawal of caveat, discharge of mortgage, transfer and mortgage. This requirement applies to conveyancers and lawyers acting for a party or themselves and PEXA subscribers.
    LUV will only accept paper lodgements for “stragglers” and only on cases where the transfer instrument is not on PEXA, for example, transfer of lease.
  • It is the LUV’s intention for 1 October 2018 to 1 August 2019 to be the transition period. After 1 August 2019, the LUV will no longer accept paper lodgements.

Maddocks is currently, with a number of other developer law firms, in discussions with PEXA about bulk vendor conveyancing and how to continue to achieve the current volume of bulk settlements in PEXA as opposed to the streamlined process in paper that developer law firms have perfected over the years.

Maddocks is a PEXA ready firm.

Authors
Bettina Sheeran | Partner
T +61 3 9258 3325
E bettina.sheeran@maddocks.com.au
Michael Wong | Associate
T
+61 3 9258 3003
E
michael.wong@maddocks.com.au