May Conveyancing News

May Conveyancing News

Ashleigh Lai

27 May 2021

The conveyancing and property worlds are constantly changing. Stay abreast of the latest news from May that could affect your deals. This is conveyancing news, made easy.

Conveyancing

One step closer to paper-free conveyancing. A bill to abolish certificates of title has been passed, with plans to completely remove paper titles by the end of 2021.

This Bill removes the weakest link in the conveyancing chain – property-related fraud is often linked to an illegally-obtained CT being used to defraud lenders into loaning money.

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On that note, it’s official. All eligible property transactions have gone digital in NSW. Customers are now able to lodge 100% of documents online. You can access e-options at any stage of the property cycle, including transferring an interest, changing by-laws, electronic leases, and alterations to easements

More than 98% of property transactions in NSW are now settled online.

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Land Tax

You can now manage all your land tax information and options online – all with a MyServiceNSW Account. These options include:

  • Viewing current holdings, valuations and tax liabilities
  • Accessing current and historical land tax information
  • Making a payment

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Strata

Temporary arrangements for strata and community schemes which allow alternative signing options have been further extended to 12 November 2021. These changes permit a scheme to execute an instrument through signature rather than using the common seal.

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Coffs Harbour

Simple conveyancing is easier for everyone. Conveyancers, agents, vendors. Check out our Coffs Harbour conveyancing services.

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