Completing and sending a Notice of Change of Ownership (NoC) to the Valuer-General and a territorial authority is easy in Landonline. Providing this information to the Valuer-General is mandatory under the Rating Valuations Regulations.
The NoC legal process is started in Landonline when any change of ownership to a property is registered through a land title transaction.
This typically happens when an instrument is registered against a Record of title for a property. Examples of NoC-eligible instruments are:
- transfer – transfer a property from the current owners to new owners
- transmission – when an estate is acquired in law, for example, on the death of the owner
- change or correction of name.
How the NoC process works
The NoC notification is automated in Landonline.
When someone changes ownership of a title, their conveyancing professional records the ownership change in an instrument that will be registered against the Record of Title.
The conveyancing professional then uses the Notice of Change function in Landonline to inform the Valuer-General and the local council of the sale or change of ownership.
This automatically pre-populates a form in Landonline for the council’s valuation database, which includes:
- council name
- valuation reference
- address of the property
- record of title details
- existing owners
- new owners
- solicitors acting.
Conveyancing professionals confirm the transaction type, for example Open Market Sale, and complete required sales information.
When the form is complete, the vendor’s conveyancing professional selects the Ready to Send button. This prepares the NoC, which sits behind the land title instrument pending registration.
When the land title instrument is registered, the NoC is sent overnight to the Valuer-General and the relevant council so they can update their valuation and rating information databases. In certain circumstances the notice may also be sent to other territorial authorities.
This helps make sure new owners receive all future valuation and rating notices for that property.
The conveyancing professional also receives confirmation, including a copy of the NoC.
Notice of Change support
For tutorials on how to initiate or edit a Notice of Change, go to our help pages: