Payout Request Sent

It is the first status in the process of management of Discharge file. It is displayed in blue and the check box is empty. You must ensure you have selected the Previous Lender and have completed all information in the Details section of the request before submit your Request for Payout Statement.

➢	Send the Payout Request

1.	Click Search button.The window Registered Lender Search is displayed. Search the name of the lender on title using the search button to the right of the field Lender on Title.

The status Payout Request Sent is displayed in blue.

2.	Enter information in the Details section. Make sure you have previously enter information in the sections Legal Description and Current Registered Owner(s).

3.	Click on Payout Request Sent status.

clip0160

The window Sent request for payout statement is displayed.

4.	Complete the information in the Send request for payout statement payment window and click on Accept button.

5.	The payout request is sent to the Lender. The box Payout Request Sent will be check, the status will be in gray and the date and time will be display at the right of the status.

clip0161

Once the Payout Request is sent to the Lender, the Request for Payout Statement summary is available in the Documents section under the heading Request for Payout Statement.

clip0162

This summary display information includes in the Registered Lender and Details sections in the Interest to be discharged page. The Payout Statement sending date is displayed in the Status section.

When you pay the fee for the sending of request for payout statement you don't have to pay again when you send discharge document to the Land Register.