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100% e-conveyancing to take effect in NSW by 11 October 2021

  • By:Anderson Boemi

Anderson Boemi Lawyers Property Update:

100% e-conveyancing to take effect in NSW by 11 October 2021

On 5 July 2021, the New South Wales Registrar General announced changes to Land Titles and Conveyancing in New South Wales. The changes which will commence from 11 October 2021, will include:

 

  1. All land dealings to be lodged electronically, which means paper dealings will no longer be accepted in New South Wales; and
  2. The Real Property Amendment (Certificates of Title) Act 2021 will change the legislation to allow for the cancellation of paper-based certificates of title to facilitate for the progression in New South Wales to electronic lodgement of land transactions.

 

Accordingly, from 11 October 2021, existing Certificates of Title will be cancelled and Certificates of Title will no longer be issued. Further, existing Certificates of Title will no longer be required to be produced to have a dealing or plan lodged for registration.

Moving forward all land dealings to be lodged with the New South Wales LRS can only be done electronically and by a subscriber (such as a lawyer, licenced conveyancer or bank) to an electronic lodgement network.

If you are thinking about entering into a property transaction or require any assistance with respect to your property matters, please contact our team at Anderson Boemi Lawyers on 9653 9466.

 

Posted in: Professional Lawyers