100% e-conveyancing on 11 October 2021
If you have sold, purchased or had any land dealings with property in the past few years, the concept of e-conveyancing would not be new to you. However, there are two significant changes happening from 11 October 2021:
existing physical Certificate of Titles (CTs) (usually held by you, a solicitor, or your bank to show ownership of the property) will be cancelled and new CTs will no longer be issued; and
all land dealings must be lodged electronically (100% e-conveyancing).
Despite these changes having inherent risks, it is unlikely that they will have much of an impact on many people as your solicitor or conveyancer will generally take care of lodgments to NSW Land Registry Services. It may mean that you will need to engage a solicitor or conveyancer for all property related transactions.
If you would like more information on these changes, please see the Office of the Registrar General website: https://www.registrargeneral.nsw.gov.au/property-and-conveyancing/eConveyancing/abolition-of-certificates-of-title
If you would like to discuss what these changes mean for you or your business, please call our office.