About e-Conveyancing
What is e-Conveyancing?
e-Conveyancing was created to enable lawyers, conveyancers and financial institutions to complete property settlements together online. e-Conveyancing reduces manual processing of paperwork and bank cheques, by allowing land registry instruments to be lodged electronically and funds to be transferred in real time.
e-Conveyancing also reduces the risk of errors and delays, giving you and your clients greater certainty of successful, on-time settlements.
The origins of e-Conveyancing
e-Conveyancing is a product of industry collaboration to simplify the property settlement process and bring settlements into the digital age. Initiated by the Council of Australian Governments (COAG), PEXA was created to bring together an online network of practitioners and financial institutions, to work collaboratively to digitise the settlement process.
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 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.
-
Fast
Less time preparing documents and no need to attend settlement.
-
Efficient
Secure electronic funds disbursement - no organising bank cheques.
-
Accessible
Free expert training and support on your e-Conveyancing journey.