In brief - E-conveyancing will remove the inefficiencies of the
paper-based system
The national electronic conveyancing platform created through
the Property Exchange Australia (PEXA) system will allow land
registries, banks and conveyancers to transact together online and
will create greater transparency for property buyers and
sellers.
What is e-conveyancing?
Friends, clients, conveyancers, lend me your ears! For huge
change is upon us, whether we wish it or not. The traditional
conveyance is drawing ever closer to extinction and in its place
dawns the electronic property transaction.
After the international success of e-conveyancing, there was
great demand within the Australian property industry to move with
the times and invest in the development of electronic conveyancing.
To answer this call, the Australian government formed National Electronic Conveyancing
Development Limited (NECDL). NECDL was established to deliver a
national electronic conveyancing
