SERV - Secure Electronic Registries Victoria

Download CIB 106

Land Victoria fees

Changes to Lodgement Fees from 5 November 2007

Certain Land Victoria fees will change from 5 November 2007. The changes result from the Transfer of Land (Fees) (Further Amendment) Regulations 2007.

The new regulations, the result of a Regulatory Impact Statement process, create different fees for transactions lodged electronically or in paper form.

A total of 13 fees have been amended. A number of new fees and charges have also been introduced for transactions using Electronic Conveyancing.

Note: Other Land Victoria lodgement fees are not affected including:

• fees expressed in number of fee units in Regulations administered by other departments
• lodgement fees expressed as dollar amounts (such as the Safe Custody Fee and Correspondence Fee)

New Fee Guides will be available this month.

See overleaf for fees affected.

Changes to Lodgement Fees from 5 November 2007

Section of Act		Paper Lodgement From 5 November 2007	Electronic Lodgement From 5 November 2007
45	Transfer on sale (other than a transfer on sale of one or more mortgages to or by an authorised deposit-taking institution under the Commonwealth Banking Act 1959) (If there is more than one consideration, the highest one applies. The total fee is determined by rounding up if necessary to the next whole dollar)	The sum of $112.50 plus $2.46 for every whole $1000 of the monetary consideration. Maximum fee $1343.00	The sum of $93.00 plus $2.46 for every whole $1000 of the monetary consideration. Maximum fee is $1323.00
45	Transfer on sale of one or more mortgages, to or by an authorised deposit-taking institution under the Commonwealth Banking Act 1959	$64.00	$44.50
45	Transfer other than a transfer on sale excluding the creation or surrender of an easement	$112.50	$93.00
49	Transmission application by personal representative	$80.20	$60.70
50	Survivorship application by joint proprietor	$80.20	$60.70
74	Mortgage or charge	$92.40	$72.90
75A	Variation of mortgage or charge	$64.00	$44.50
75B(3)	Variation of priority of Mortgage or charge	$112.50	$93.00
84(1)	Application for recording of discharge of mortgage or charge wholly or partially	$92.40	$72.90
84(3)	Application for recording of satisfaction of annuity	$112.50	$93.00
84(4)	Application for recording of discharge of mortgage or charge wholly or partially	$92.40	$72.90
89	Caveat forbidding dealings with land or withdrawal of such a caveat wholly or in part	$64.00	$44.50
89A	Application for service of a notice – for each caveat affected	$144.80	$125.30
114(1)	Pre-population of Electronic Instrument (Electronic Conveyancing Subscriber)		$8.44
120(2)	Electronic Instrument Assurance Fund contribution (Electronic Conveyancing Subscriber)		$2.00
	User charges (including GST)
	Title Activity check (Electronic Conveyancing Subscriber)		$2.15
	Financial Settlement Fee (Electronic Conveyancing Subscriber)		$24.75