PEXA - What is it? In 2016 the NSW Government announced a progressive phasing out of paper conveyancing in favour of a digital or electronic conveyancing process. The transition has been timetabled to conclude on 1 July 2019. After that date, all standard conveyancing transactions will be...
If you have a mortgage, chances are there is no longer a paper title deed. What does this mean? Well, your bank probably didn't tell you, but during the month of September all paper certificates of title will be destroyed and converted to an eCT (electronic...
PEXA, MASTERCHEF, CYBER FRAUD & BEST PRACTICE You might have seen in the media a recent case of fraud, which occurred during a property transfer settlement. Briefly, the e-transfer system of settlement will shortly replace Australia's Torrens Title paper exchange, with NSW set to become mandatory...