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ARTICLE · 22 SEPTEMBER 2022

Mandatory electronic conveyancing is coming to Queensland – get your identification ready!

The Queensland Government has announced that electronic conveyancing will be mandatory from 20 February 2023.

AustraliaReal Estate and Construction

The Queensland Government has announced that electronic conveyancing will be mandated in Queensland from 20 February 2023. While e-conveyancing has now been around for some time and most law firms (including us) now settle most conveyances electronically, until now buyers and sellers have been able to choose whether to settle conveyances electronically or by the more traditional "paper" settlement in which representatives of both parties meet and exchange paper transfer documents and bank cheques.

A key part of e-conveyancing is that law firms and financiers are required to identify their clients, requiring a minimum level of original photo identification to be produced and a face to face meeting to occur to confirm that the client's identity matches their identification. Potential buyers and sellers (including directors of buying and selling companies) should be considering now whether:

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