Electronic Conveyancing
What is electronic conveyancing?
Conveyancing is the process of transferring ownership of the legal title of a property (such as a house or land) from one person to another. Preparing, verifying and lodging a range of legal documents as well as preparing the property for settlement are important parts of the conveyancing process.
Electronic conveyancing allows registered conveyancers, lawyers and financial institutions to use a digital platform to prepare, sign and lodge the legal documents needed for this transfer of ownership and to complete financial settlement.
This means that electronic settlements can replace the need for paper and other manual processes traditionally involved in conveyancing transactions.
What platforms are available for electronic conveyancing?
- Riverside Settlements uses Property Exchange Australia (PEXA)
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