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ARTICLE · 03 NOVEMBER 2012

National e-conveyancing – a risky path to reality?

Kemp Strang Lawyers
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Recent NSW legislation has raised more questions than answers about how e-conveyancing will operate.

AustraliaReal Estate and Construction
Roger Mattar
Roger Mattar
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Legislation to enact the proposed Electronic Conveyancing National Law was introduced as a Bill in the NSW Legislative Council on 18 October 2012 with a view to have the law operative (at least to a limited extent) in New South Wales by June 2013 and the other states and territories to follow.

While the introduction of the Bill is a significant step forward in making national e-conveyancing a reality in Australia, it is not without issues and has raised more questions than answers about how e-conveyancing will operate.

While some of these issues may be clarified through a proposed pilot program, the current plan is to have just a few selected banks as testers for the pilot.

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