About e-Conveyancing

What is e-Conveyancing?

Coordinating and attending multiple property settlements can be a challenge, particularly for large-scale developments with numerous lots.

e-Conveyancing eases this challenge because it:

Minimises the manual processes associated with property transactions by enabling online document lodgement and settlement.
Removes the need to attend settlement by exchanging documents and funds online.
Provides fast access to cleared funds by using electronic transfers instead of bank cheques.

The online exchange of documents and funds removes the need to attend settlement.

UDIA member

As a member of The Urban Development Institute of Australia (UDIA), PEXA is kept up-to-date with policy, innovations, research, legislation and important industry changes.

The UDIA is a nationally recognised industry association for property professionals.

Focussed on housing, UDIA informs and engages government and industry members, enabling better policy and better business decisions.

PEXA is pleased to be partnering with the UDIA for 2017s Urban Development Summit, to be held in Melbourne on 11 August.

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 and Digital Certificates.

e-Conveyancing is currently live in five states across Australia. PEXA’s network includes lawyers, conveyancers, financial institutions, Land Registries and the Reserve Bank of Australia (RBA), in addition to industry bodies and sponsors.

PEXA is pleased to be a member of UDIA whose purpose is to inform and engage government and industry members, enabling better business decisions in relation to the delivery of new apartments and residential housing.

PEXA is committed to supporting the property industry as it transitions towards a 100% digital future. For more information on industry transition, please contact us.

Email PEXA

Benefits of e-Conveyancing

Fast

Ability to settle multiple properties using an online property exchange.
Safe

Digital integration with Land Registries to lodge instruments and exchange of funds via the RBA.
Efficient

No need to attend settlement - vendor’s proceeds disbursed electronically as cleared funds.

Electronic Transactions

PEXA is currently enhancing the platform to cater to the requirements of property development projects by enabling multiple transactions to be processed efficiently and minimising duplication of effort. This functionality will be available in the near future.

Transfers

Complete transfers securely and without the need for bank cheques.
Linked Settlements

Complete Linked Settlements saving you time and effort.
Caveats

Lodge or withdraw Caveats electronically and in real-time.
Settlement Notices

Complete Settlement Notices using validated data and real-time lodgement.

Network Members

Find members ready to transact

The PEXA network continues to strengthen and grow. Check out the list of participating financial institutions and use the online search tool to find which lawyers, conveyancers and principal subscribers (e.g. property developers) are PEXA members.

Member Search
Search online for members who are ready to transact with you.

PEXA Qualifier
Identify files that you may complete electronically.

Find a member Identify a file

Help & Community

Learn. Share. Connect.

Visit the e-Conveyancing Community for instructional articles, how-to videos and interactive tutorials.

Sign up and share your e-Conveyancing experiences, provide your feedback and support each other in the transition to 100% digital.

Join the Community

Pricing

How much does it cost?

PEXA members pay only per successful transaction. PEXA does not charge up-front registration fees or ongoing subscription fees.

Charges vary based on the type of transaction. This fee is separate from the statutory lodgement fees, which are set by each jurisdiction’s Land Registry.

PEXA uses Digital Certificates to encrypt data when signing documents online. This maintains the security of the network. When you register, you’ll receive your first Digital Certificate free of charge. Additional Digital Certificates cost $146.74 each.

View Pricing

Implementation Options

Property developers can choose between three different models when transacting through the PEXA network. We recommend you review your contracts of sale and include e-Conveyancing special conditions relevant to the jurisdiction of the property that will settle.

Model 1: A lawyer or conveyancer acts on your behalf
Sign a Client Authorisation Form and give your lawyer or conveyancer permission to act on your behalf in PEXA.

Model 2: A Panel Member acts on your behalf
Sign a Non Transacting Panel Master Agreement and be visible on PEXA’s online member database. You can choose which lawyer(s) or conveyancer(s) represent(s) you, giving you both control and flexibility.

Property developers who choose this model do not need to comply with the eligibility criteria in the Model Participation Rules.

Model 3: Act on your own behalf
Register as a Principal Subscriber and represent yourself or use a Panel Member to represent you in PEXA. Property developers who choose this model must meet the eligibility criteria in the Model Participation Rules and sign a Participation Agreement. You’ll also need a Digital Certificate to perform encrypted electronic signing.

Join PEXA

If there’s a particular legal or conveyancing firm that you’d like to act on your behalf, use the online search tool to find out if they’re already registered with PEXA. If they’re not, you can encourage them to join – or contact us and we’ll get in touch with them to discuss further.

Contact PEXA for more information about this or the three models.

Email PEXA

Learning to Use PEXA

We understand that e-Conveyancing may seem unfamiliar at first, which is why we’re here to answer your questions and guide you through the process.

We’ll provide you (and/or your lawyer or conveyancer) with extensive training and ongoing support. Contact PEXA for further information and to ask any questions.

Email PEXA

Events

Property Developers

The property settlement process is heading online at a rate of knots with the support of Australia’s state governments, banking and financial institutions and property lawyers and conveyancers. To hear from PEXA and its community of users, we encourage you to attend one of the 200+ events PEXA presents at each year.

View Events

Settle multiple properties online in real time