All ELNO transactions require a CoRD Holder Consent.

The consenting party in a Third Party Consent can hold either a certificate of title (CT) or eCT where a paper CT has not issued.

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

Second mortgage (where second mortgagee is different to first mortgagee) 

• The mortgagor (registered proprietor) is taking out a second mortgage with a different mortgagee. 
• The first mortgagee is not a party to the transaction and so is invited into the ELNO transaction to prepare a CoRD Holder Consent (Third Party Consent).  
• The incoming mortgagee prepares the mortgage instrument and lodges the electronic transaction.

Discharge of second mortgage (where second mortgagee is different to first mortgagee)

• The mortgagor (registered proprietor) has repaid their second loan.
• The first mortgagee is not a party to the transaction and so is invited into the electronic transaction to prepare a CoRD Holder Consent (Third Party Consent). 
• The second mortgagee prepares the discharge of mortgage instrument and lodges the electronic transaction.