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// Customer Information Bulletin
Customer Information Bulletin #165 – May 2017
On this page:
- New lodgement and search fees from 1 July 2017
- New forms
- New website for Land Use Victoria
- Creating restrictive covenants in transfers and restrictions in plans
- Contact us
- Subscribe
New lodgement and search fees from 1 July 2017
From 1 July 2017, fees for lodging transactions at Land Use Victoria will change. Search fees will also change.
The value of a fee unit, as announced by the Treasurer on 30 March 2017, is $14.22.
Comprehensive fee listings and fee calculators will be published soon.
A summary of the most common fees follows:
Transfer of Land Act 1958
Paper transactions
Fees for paper transactions from 1 July 2017 will be:
Discharge of mortgage $114.90
Transfer of land $94.60 plus $2.34 per $1000 of consideration (up to a consideration of $1.5m)
Mortgage $114.90
Caveat $47.20
Transfer (non-monetary) $94.60
Withdrawal of caveat $47.20
Transmission application $47.20
Survivorship application $47.20
Electronic transactions
Fees for electronic transactions from 1 July 2017 will be:
Discharge of mortgage $106.40
Transfer of land $85.90 plus $2.34 per $1000 of consideration (up to a consideration of $1.5m)
Mortgage $106.40
Caveat $38.50
Transfer (non-monetary) $85.90
Withdrawal of caveat $38.50
Priority notice $29.90
Withdrawal of priority notice $29.90
Subdivision Act 1988
From 1 July 2017
Plan of subdivision $595.50 plus $184.10 per parcel (a parcel is each lot, road, reserve or common property created by the plan)
Search products
Fees for search products and services will be:
Government internet service In person
Title text $6.97 $17.20
Title text and diagram $13.60 $34.40
Final search $3.81 $14.20
Instrument search $4.91 $15.30
Plan search $6.63 $17.20
Historical search $11.90 $32.70
New forms
Land Use Victoria (LUV) will soon be publishing new versions of forms containing certifications and options for signing.
Each form will have three signing options:
- Non-represented person – the party to the transaction will sign in the presence of Australia Post; there are no certifications.
- Self-representing person (conveyancer, lawyer or financial institution acting on their own behalf) – the person signs with two certifications.
- Conveyancer or lawyer representing a client – the representative signs with four certifications.
The relevant option is selected from the online form. The following provides an example of each signing option together with the certifications.
Non-represented person
Executed on behalf of SAMUEL SMITH
Signer Name SAMUEL SMITH
Signature Samuel Smith
Execution Date 11/06/2017
Full Name of Witness WENDY JONES
Witness Signature Wendy Jones
Self-representing person
- The Certifier has retained the evidence supporting this Registry Instrument or Document.
- The Certifier has taken reasonable steps to ensure that this Registry instrument or Document is correct and compliant with relevant legislation and any Prescribed Requirement.
Executed on behalf of JOHN RICHARDSON
Signer Name JOHN RICHARDSON
Signer Organisation JOHN RICHARDSON LAWYERS
Signer Role AUSTRALIAN LEGAL PRACTITIONER
Signature John Richardson
Execution Date 14/06/2017
Conveyancer or lawyer representing a client
- The Certifier has taken reasonable steps to verify the identity of the applicant.
- The Certifier holds a properly completed Client Authorisation for the Conveyancing Transaction including this Registry Instrument or Document.
- The Certifier has retained the evidence supporting this Registry Instrument or Document.
- The Certifier has taken reasonable steps to ensure that this Registry Instrument or Document is correct and compliant with relevant legislation and any Prescribed Requirement.
Executed on behalf of SAMUEL SMITH
Signer Name MICHAEL JONES
Signer Organisation JOHN R TURNBULL LAWYERS
Signer Role LAW PRACTICE
Signature Michael Jones
Execution Date 09/06/2017
All forms will be published online at www.propertyandlandtitles.vic.gov.au.
The new forms can be completed online and printed. They can also be partially completed, saved locally and finalised later. The certifications are automatically displayed based on the signing option selected. Note: In the case of a mortgage when the mortgagee is represented an additional certification is displayed.
LUV is also working with the major forms package providers who intend to provide the new forms to their customers.
The new forms will replace all existing Land Use Victoria land transaction forms. Early adoption of the new forms is encouraged, in advance of them becoming mandatory for all transactions from 1 January 2018. For more details on the transition period for existing forms, please see Customer Information Bulletin 163 March 2017.
New website for Land Use Victoria
The new Property and land titles website (www.propertyandlandtitles.vic.gov.au) was launched on 8 May, with easier to use functionality.
The new site was created following consultation across Victoria to gain an understanding of what you – our customers – wanted from the DELWP website.
Specific features you will find in the new website are:
- easy to navigate forms, guides and fees pages
- a drop-down menu on the top right-hand of each page that takes you to all the most popular locations
- a search box.
Any Land Use Victoria pages from the previous website you have bookmarked in your web browser should continue to work. However, if you have any enquiries please contact Land Registry Services on 8636 2010.
Creating restrictive covenants in transfers and restrictions in plans
On 2 December 2016, Land Use Victoria issued a consultation paper on proposed changes to creating restrictive covenants in transfers and restrictions in plans.
Eleven submissions were received in response to the consultation paper and Land Use Victoria continues to work through them to refine the proposal. Until this is completed there will be no change to the processes for creating restrictive covenants in transfers and restrictions in plans.
An update will be provided in future bulletins.
Contact us
For location and contact details, go to www.propertyandlandtitles.vic.gov.au/contact-us.
Subscribe
To receive the pCustomer Information Bulletin online, please send an email to lv.cib@delwp.vic.gov.au with SUBSCRIBE in the subject line – include your name and email address in the body of the email.
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Disclaimer
The Customer Information Bulletins (CIB) Search Tool (“Tool”) is provided by SERV to assist users in locating Customer Information Bulletins (CIBs) issued by Land Use Victoria (https://www.land.vic.gov.au/land-registration). This Tool provides a list of available CIBs based on search terms entered by users, displaying results in order from newest to oldest.
By using this Tool, users agree to these terms and acknowledge that SERV makes no warranties regarding the accuracy, completeness, or timeliness of the search results. Users accept responsibility for verifying the information obtained through the Tool against the original sources, including the official Customer Information Bulletins found here (https://www.land.vic.gov.au/land-registration) and any other requirements issued by the Registrar of Titles from time to time in accordance with the Transfer of Land Act 1958.