Landonline Release 3.0 update for conveyancers
The journey to 100% e-lodgement continues with Release 3.0 containing a number of enhancements which will give conveyancers even more flexibility in the application.
The benefits for you
In Release 3.0, you will see more benefits being introduced. The key benefits are...
- all Discharges, Transfers and Mortgages will be e-capable with the introduction of Auto Registration and Lodge functionality
- multiple transfers and mortgages will be able to be completed within the same dealing
- the ability to add information within certain instruments with the introduction of 'Add Text' and 'Add Image' buttons
- more flexibility by being able to deal with a part interest or part of title within the current Discharge, Transfer and Mortgage range
- the addition of Transfer of Lease and Transfer of Mortgage instruments
Part Interest and Part of Land (Discharges, Transfers and Mortgages)
New screen options will now enable conveyancers to use e-dealing to complete more complex transfers and mortgages such as dealing with shares and interests in land. It will also be possible for separate conveyancers to represent individual interests in a dealing eg. in a relationship property settlement, separate conveyancers from separate firms will be able to deal with each parties' interest.
The screen views and fields will be different, depending upon which mode is selected (eg Share/Interest or Part of Land/Complex).
It will be possible to transfer or mortgage other instruments such as leases and mortgages.
Further information about the new functionality will be provided at the Release 3.0 presentation being held from April 2008.
Adding information within an instrument
Release 3.0 introduces the ability for information to be added to certain instruments. This will be via the 'Add Text' or 'Add Image' buttons that will display at the bottom of the screens in those modes where these options are available. If this functionality is used the instrument will become a LODGE dealing (ie will be checked by LINZ staff).
Add Text displays a new screen with a free text field that will allow you to add additional clauses or conditions to the instrument.
Add Image will allow you to upload an attachment to the instrument eg. providing additional terms and conditions such as a restrictive covenant in a Transfer.
The Landonline website has been updated with further information about how to add images within instruments and includes details on scanners and scanning, (i.e. scanning terminology, overview of the scanning process as well as information about scanners and scanning software compatible with Landonline, as well as frequently asked questions).
About Transfer of Lease and Transfer of Mortgage instruments
Transfer of Lease and Transfer of Mortgage will be e-capable. These instruments use a version of the Transfer screen.
Release 3.0 Presentation
To prepare conveyancers for Release 3.0, LINZ and Property Law Section representatives will be travelling the country in April 2008 outlining how these changes work. Firms should send along two representatives; someone with certify and sign rights and their e-dealing champion. Invitations to the presentations will be sent to firms next month. We'll also keep you up to date with any changes via Landwrap and monthly newsletters.
