Examples for paper registry instruments

Examples for paper registry instruments

A CoRD Holder Consent (Transacting Party Consent) is lodged to consent to the registration of paper registry instruments when:

  • no certificate of title (CT) has issued for the current edition of the folio,
  • the first registered mortgagee holds an eCT for the land title, and
  • is involved in the paper transaction.

The information on this page provides examples of paper transactions which require a CoRD Holder Consent (Transacting Party Consent).

Discharge of the only mortgage

  • The mortgagor (registered proprietor) has repaid their loan.
  • The discharging mortgagee has given a paper discharge of mortgage to the mortgagor to lodge themselves with NSW LRS.
  • The discharging mortgagee is a party to the transaction and lodges a CoRD Holder Consent (Transacting Party Consent) through PEXA to consent to the paper discharge of mortgage.

Refinance

  • The mortgagor (registered proprietor) is refinancing their mortgage.
  • The discharging mortgagee is a party to the transaction and lodges a CoRD Holder Consent (Transacting Party Consent) through PEXA to consent to the following paper instruments:
    • discharge of mortgage (with the discharging mortgagee),
    • mortgage (to the incoming mortgagee).

Transfer of land

  • The mortgagor (registered proprietor) is selling their land.
  • The discharging mortgagee is a party to the transaction and lodges a CoRD Holder Consent (Transacting Party Consent) through PEXA to consent to the following paper instruments:
    • discharge of mortgage (with the discharging mortgagee),
    • transfer (to the incoming proprietor), and
    • mortgage (to the incoming mortgagee).