DIY Conveyancing NZ - the LINZ Manual Dealing Lodgement Form

In my previous post I covered the Notice of Sale.

Manual Dealing Lodgement Form

Note. This only applies to buyers. Sellers do not need this step.

It's best to prepare your LINZ Lodgement form before the settlement so that you can go straight from settlement to lodge the transfer as soon as possible.

There are not so many places you can physically go to lodge the transfer. If you do not live in a town that has an office then you will have to courier or post the lodgment.

LINZ Office addresses can be found HERE

But first you need the form.

You can down load a lodgment form from THIS LINZ WEB PAGE - note that the forms are somewhere down the page.

You should be able to fill in the form with your computer but otherwise you can just print it and fill it in by hand. Filling it in on your computer is easier as it does the calculations for you but they are pretty straightforward.

Here's a lodgment form prepared for our fictitious transfer from John to Paul:

Notes

1. the CT Ref entry is the CT number from the title.
2. the Type of Instrument is "T" for Transfer
3. the Names of parties are the names of the vendor and the purchaser
4. the document fee for a transfer at this date (2015) is $176
5. the details of the person lodging the form go in the Private Individual space

You will have to prepare a cheque for the full amount to be included with your form.

Note also that it is a good idea to prepare two copies of the Lodgement form - LINZ will return one to you by mail with the receipt for the lodgement fee.

A Tax Statements Form must be lodged with the manual dealing. Find the form at the bottom of the page.

When you lodge the transfer you will also need proof of who you are. You should also read Identity Requirements for Paper Instruments to prepare for the steps LINZ will take to verify your identity. 

In my next post I will show you how to check that the Transfer Instrument has been executed properly and what happens at the Settlement.