Lily is selling her property to Mike, and they have agreed on the terms and signed the contract. Both parties have hired their respective conveyancers to facilitate the transaction. Lily's conveyancer, KB Conveyancing, is responsible for preparing and lodging the necessary documents with the land registry to transfer the property's title to Mike.

In this scenario, explain the land registry policies and procedures in Victoria, Australia for ensuring relevant documentation is lodged and registered on the relevant Certificate of Title. Use the example of Lily and Mike to illustrate how these policies and procedures are applied and please provide citation