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Smyth – I believe that the new Certificate of Title will be sent back to whoever it is that submits the Application for a change to the names shown on it, so it may be up to you to provide that document to whoever it is that now holds that as security.
So whether directly from L&PI or via yourself, the Certificate of Title as amended needs to be held by your lender, and in addition you need to attach a copy of that or an extract purchased from the L&PI’s on-line shop to a Notification provided to the Secretary of your Executive Committee (or to your Strata Manager if they hold that position under delegation) under Sect.118 of the NSW Strata Schemes Management Act so that your Plan’s Strata Roll may be similarly amended.
So it’s you that provides the S118 in this instance, and there are a number of proformas available by download from the internet.
