The new National Mortgage Form is coming. This month’s Proctor features an explanation of what practitioners can expect with the new form when it comes into effect on 2 March 2018. The November edition also shares with members the 2017 QLS Council election results, the 2016-17 QLS annual report summary and some practical guidance on managing your time. QLS Ethics Centre director Stafford Shepherd also shares a piece on legitimate advocacy, and QLS president Christine Smyth focuses on a succession law case providing an example of a solicitor carrying out the client’s wishes to a ‘T’.
Update to National Mortgage Form article: On 9 October the Department of Natural Resources and Mines inserted part 2A into the Land Title Practice Manual. That change allowed the inclusion of two types of form 20 with the NMF for lodgement in Queensland. An enlarged panel relating to marksman executions by a mortgagor or mortgagee, and a schedule including additional terms and conditions in the NMF. The schedule caters for transactions where mortgage terms are negotiated. It also overcomes some of the issues discussed below. In addition PEXA expect that their next release scheduled for mid-November 2017 will allow for the attachment of an additional document to NMFs lodged through PEXA. This article pre-dates that release.
Proctor is now available to be read on your smart-phone or tablet, with iOS and Android apps now available for Queensland Law Society members. Android and Apple users can now download the app from their respective online stores below.
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What is Proctor?
Proctor, our flagship publication, is the pre-eminent magazine for the Queensland legal profession.
Published 11 times a year, it educates its readers with information they must be aware of, including changes in legislation, significant case law, practice directions and more.
It informs its readers with articles on legal topics and people, providing them with a clearer perspective of the functioning of the law in Queensland and their role within the profession.
It entertains its readers with social news and events, humour and interests such as wine and dining.
Proctor also provides a monthly portrait of the QLS, its activities and the services it provides to its members.
Members also receive access to an online version, a decade of archived issues and a searchable index providing citation for more than 13,000 articles published in Proctor since 1982.