The origins of e-Conveyancing
e-Conveyancing is an initiative championed by the property industry to simplify and digitise the complex process of property exchange. Instigated by the Council of Australian Governments (COAG), it’s built around an online network of members supported by PEXA.
To ensure the integrity of the network, the Australian Registrars’ National Electronic Conveyancing Council (ARNECC) has developed a regulatory framework, under which PEXA operates. Industry safeguards include the Participation Agreement, Verification of Identity (VOI) and Digital Certificates.
e-Conveyancing is currently live in five states and is a collaboration between many industry participants, including financial institutions, Land Registries and the Reserve Bank of Australia (RBA).
PEXA is committed to supporting the property industry as it transitions towards a 100% digital future. Land Use Victoria and Landgate’s reforms requiring certain land registry instruments to be lodged electronically from 1 August 2016, marked the first phase of digital transformation for property instruments nationally. Our dedicated team is committed to working with all organisations to assist with the implementation of online conveyancing transactions.
Land Registry Changes 1 March 2017
Land and Property Information (LPI) New South Wales is following Land Use Victoria and Landgate’s lead and bringing property transactions online.
From 1 March 2017, Authorised Deposit-taking Institutions (ADI) or their Representatives are required to lodge standalone discharges of mortgage and consumer mortgages in PEXA. If you need to lodge electronically in New South Wales, you can learn more below, or contact our dedicated Support Centre for assistance.
The LPI changes are available here.
Land Registry Changes 1 August 2016
If you are an Authorised Deposit-taking Institution (ADI) or a legal practice representing an ADI and need to lodge electronically in Victoria or Western Australia, you can learn more below, or contact our dedicated Support Centre for assistance.