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ARTICLE · 13 APRIL 2019

Pri­or­i­ty notices in NSW: Pru­dent or impractical?

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Priority notices are a quick and cheap tool to preserve the priority of future dealings, but their uptake has been slow.

AustraliaReal Estate and Construction
Daniel Kentwell
Daniel Kentwell
Carly Lennan
Carly Lennan
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With the deadline for mandatory e-conveyancing fast approaching, conveyancing in New South Wales has unequivocally entered the digital age. 

And while the change from ​'paper' conveyancing to online platforms gives practitioners the opportunity to streamline their services and potentially pass on costs savings to clients, it also creates new potential problems – one of the most pronounced of which is fraud. 

It is thought that priority notices will be a useful tool in the responsible e-conveyancer's armoury – if genuine land transactions are flagged by a priority notice, it is hoped that identification of potentially fraudulent transactions will be quicker and easier. 

But the actual legal and practical effects of priority notices have left many scratching their heads. What are they? And how and why should they be used?

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Michael Byrnes, Partner
Phone: + 61 2 9233 5544
Email: [email protected]

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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