Changes to requirements for deposit of trust documents with Mortgages and Leases

Please note that there has been a practice change in relation to the requirements when a mortgage or lease is lodged with the Titles Office which will record a mortgagee or lessee as a trustee on title.

There is no longer a requirement to provide details of the trust instrument when lodging a mortgage to a trustee mortgagee or when lodging a lease to a trustee lessee (e.g. by depositing a copy of the trust deed or referring to a previous dealing where the trust deed was deposited).

Amendments have been made to sections [2-0100] and [7-2050] of the Land Title Practice Manual.