Electronic conveyancing (or eConveyancing) allows documents needed for property transactions to be digitally prepared, signed, settled and lodged.
Currently 2 approved service providers offer eConveyancing subscription services to financial institutions and legal practitioners:
For further information on how to subscribe and the transactions available, please contact the providers. Note: Not all transactions are available through all service providers..
Benefits of eConveyancing
eConveyancing offers substantial benefits and efficiencies and will replace many of the paper and manual processes that are currently used in traditional property transactions.
Some of the benefits include:
- Confirmation of lodgement and registration - you will receive immediate confirmation of your lodgement and be notified once the transaction is complete.
- Financial settlement - you can settle transactions in a secure environment and pay duties, taxes and disbursements.
- Requisitions - checks and verifications built into the electronic conveyancing system should significantly reduce the number of requisitions.
- Number of settlements - you can settle multiple transactions at the same time.
Operating requirements and participation rules
Under the Electronic Conveyancing National Law (Queensland), the Registrar of Titles can determine the requirements for electronic lodgement networks and their operators, and set rules for participation in the networks. In some circumstances, the Registrar can waive compliance with these requirements.
Refer to the following for more information:
- Last reviewed: 01 Feb 2019
- Last updated: 01 Feb 2019