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NT Conveyancing & Property

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NT – Conveyancing matter type – new feature

We have recently added a new feature called Table relations to all Conveyancing Property matter types.

Table relations provide smart association of related parties and/or relevant data through both cards and tables to ensure matter types are easier to complete.

Some common Conveyancing Property Table relations include:

Seller Seller’s solicitor
Buyer Buyer’s Solicitor
Discharging Mortgagee Discharging Mortgagee’s Solicitor
Incoming Mortgagee Incoming Mortgagee’s Solicitor
Incoming Mortgagee Mortgage Broker
Managing Agent Tenant

[Read more…] about NT – Conveyancing matter type – new feature

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NT – Matter Information Sheet hyperlinks

We have created hyperlinks for all Matter Information Sheets currently available in LEAP Community.  The Information Sheets are How to articles to assist you on matter setup and common form usage.  Information Sheets that are matter specific are located in the LEAP Forms folder and Information Sheets that are relevant to a particular form are located immediately preceding the form.

Matter Information Sheets hyperlinks for NT are available as follows: [Read more…] about NT – Matter Information Sheet hyperlinks

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Important changes to your Sale and Purchase matter types

We have made some necessary changes to your Sale and Purchase matter types for improved efficiency in your conveyancing matters.

Why?

We are continuing to work on a large project to change the functionality behind our forms to use our Word App entitled LEAP Document Manager (LDM).  This change is necessary to make our forms compatible with Word Online.

These changes are in preparation of future enhancements to our LDM versions of the Settlement Adjustment Sheets/Statement of Adjustments (SAS), with the NSW SAS LDM due for release firstly shortly.  Keep an eye on the Forms Blog for release notification.  These enhanced versions will contain a time-efficient two-way write back functionality, whereby Directions (cheques) created within the LDM will automate directly to your LEAP matter and vice versa.

The write back functionality can however only map to ONE location in your LEAP matter and that is the relevant Sale / Purchase Reconciliation table.  The Cheque Details table will therefore no longer default to any newly created matters.

Why write back to the Reconciliation table and NOT the Cheque details table? [Read more…] about Important changes to your Sale and Purchase matter types

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NT – Property

The following forms have been updated:

  • Authority to access building records (LL-NT-PR-0119)
  • Form 1 – Landlord’s and Tenant’s Disclosure Statement (LL-NT-PR-0178)
  • Form F-HI-017 – BuildBonus vendor (individual) declaration – purchase of a new home (LL-NT-PR-0181)
  • Form F-HI-018 – BuildBons vendor (company) declaration – new residence (LL-NT-PR-0180)
  • Form F-HI-019 – Stamp duty application form (LL-NT-PR-0182)

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Loan Agreement – new matter type

Following client requests, a new Loan Agreement matter type has been added to all jurisdictions and is located in the following folders:

  • Conveyancing & Property > Mortgages > Loan Agreement (defaults to acting for the borrower)
  • Other Areas of Law > Banking & Finance > Mortgages > Loan Agreement (defaults to acting for the lender)

Loan Details table

The loan details table has been created to specifically provide the necessary fields for no security loan agreement precedents.  All these fields will automate into these precedents:

Guarantor’s subsidiary layout

When a card is entered in the guarantor’s table, a guarantor’s subsidiary layout will appear for completion.  Again, all these fields will automate into the no security loan agreement precedents:

Critical Dates

The following critical dates have been assigned as defaults to this matter type:

  • Instruction date
  • Loan agreement executed
  • Date advance anticipated
  • Funding date
  • Final instalment due
  • File review date
  • Completion / Settlement Date
  • Not proceeding date

Folders and Forms Added

The necessary LEAP folders have been created and/or shortcut to each jurisdiction (where applicable) including:

  • Initial File Setup
  • Verification of Identity
  • Relevant Revenue Office
  • Relevant Land Titles Office
  • Legal Profession Uniform Legal Practice Rule forms

A new file cover sheet has been added for each jurisdiction as follows:

  • File cover sheet – Loan agreement [LL-NSW-GEN-0082]
  • File cover sheet – Loan agreement [LL-VIC-GEN-039]
  • File cover sheet – Loan agreement [LL-QLD-GEN-027]
  • File cover sheet – Loan agreement [LL-SA-GEN-001]
  • File cover sheet – Loan agreement [LL-ACT-GEN-002]
  • File cover sheet – Loan agreement [LL-WA-GEN-007]
  • File cover sheet – Loan agreement [LL-NT-GEN-001]
  • File cover sheet – Loan agreement [LL-TAS-GEN-008]

If you would like to provide feedback on the new matter type, or request new forms or precedents, please email the content team at content@leap.com.au

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Off the Plan – new matter type

A new matter type has been released for Off the Plan which is located in the Conveyancing & Property folder > Property > Off the Plan.

This matter type is similar to the standard conveyancing matter types with the additions of the Development Details table and Off the Plan matter specific Critical Dates.

If you would like to provide feedback please do so here.

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New Matter Category and Types – Rural Law \ Agribusiness

LEAP are pleased to announce that with help from our clients, a new matter category has been created entitled Rural Law / Agribusiness.

Under Rural Law/ Agribusiness we have created two new matter types:

  • Purchase of Rural Property; and
  • Sale of Rural Property.

These matter types can be found under ‘Other Areas of Law > Rural Law / Agribusiness’.

 

 

 

 

 

 

 

 

 

 

 

 

These 2 new matter types have been based on the Sale/Purchase of Business, with a few tweaks.  We have also added a new layout entitled ‘Assets/Property’.  This layout is to capture the different aspects of property that can be sold/purchased with rural property and includes options such as:

  • Tools of trade;
  • Stock-in-trade;
  • Plant & Equipment;
  • Fixtures & Fittings;
  • Leasehold & Licences;
  • Brands / Ear tags;
  • Permit to occupy
  • Goodwill;
  • Livestock;
  • Encumbrance.

A total for the amounts entered will appear on the Summary page of this layout and will also display on the matter when the layout is closed.

We have kept the Calendar & Tasks dates the same as the Sale and Purchase of Business however a couple of extras have been included as a result of client feedback which are:

  • Ministerial Consent Date
  • Muster Date
  • PPSR Registration Date

All of which have confirmation tickboxes.

This new area of law is very exciting and has now been expanded to include South Australia, Western Australia, Tasmania and the Northern Territory.

For our Tasmanian, South Australian, Northern Territory and Western Australian clients if you have any feedback that you would like to make regarding either of these new matter types, or some further matter types for Rural Law, the Content team would be interested to hear from you.  We would also like your feedback as to any forms that you require us to create and code for use with these matters.  Please email content@leap.com.au and we shall be in touch shortly.

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NT – Property Swimming Pool Fencing

The following forms were updated with minor changes:

  • Form A1 – Dividing Pool Spa Barrier Notice (LL-NT-PR-0171)
  • Form C4 – Purchasers Declaration (LL-NT-PR-0165)
  • Form C5 – Declaration of Proposed Compliance to Community Safety Standard (LL-NT-PR-0166)
  • Form N1 – Application for an Interim Compliance Certificate (LL-NT-PR-0167)
  • Form M3 – Application for a Variation of Compliance Certificate (LL-NT-PR-0161)
  • Form M4 – Application for a Provisional Compliance Certificate (LL-NT-PR-0162)

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NT – Stamp Duty Forms

We are excited to announce that in response to client feedback, four NEW NT Stamp Duty forms have been added to LEAP.  The forms cam be found in LEAP Forms>Revenue Office folder in the respective matter types, and are as follows:

  • Form F-HI-016 – BuildBonus application form (LL-NT-PR-0179)
  • Form F-HI-018 – BuildBonus vendor (company) declaration – new residence (LL-NT-PR-0180)
  • Form F-HI-017 – BuildBonus vendor (individual) declaration – purchase of a new home (LL-NT-PR-0181)
  • Form F-HI-019 – Stamp duty application form (LL-NT-PR-0182)

 

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NT – Lease Matter Type Improvements

We have made extensive improvements to the NT Lease matter type data entry layouts.  Rather than having a subsidiary layout of Details under the Tenant card, we have incorporated that information in the Lease Details layout and included four tabs to re-order the information.

Within Lease Details the four tabs of information are:

Once entered these details will populate into the NT Land Titles Office lease forms and the newly added Landlord’s and Tenant’s Disclosure Statements Relating to Retail Shop Lease (LL-NT-PR-0178).  As is the case now, details for a non shopping centre lease will need to be entered into the Property Layout.

The NT Land Titles Office lease forms have been shortcut into the Lease matter type for easy access and re-coded where necessary.

We are excited to bring you these improvements and welcome your feedback.  To do so, please click here ensuring you state “NT Lease Matter Type” in details.