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e-Conveyancing in NSW

The transition to completely digital or electronic conveyancing (eConveyancing) has been mandated by the NSW Government.

eConveyancing will replace many of the paper and manual processes traditionally involved in property transactions with secure online processes. The NSW government, via the Office of the Registrar General (ORG), has set a timeline for the implementation of eConveyancing .

Using eConveyancing in NSW

To take advantage of eConveyancing and eLodgment, you will need to register with PEXA.

Property Exchange Australia (PEXA) was formed to deliver a national eConveyancing solution to the Australian property industry. PEXA iscurrently the only Australian Electronic Lodgment Network Operator (ELNO) and eConveyancing platform. For more information on PEXA and what they do visit their website www.pexa.com.au.

PEXA regularly updates the eConveyancing platform; new features and updates are being added which improve and expedite property transactions online.  See the release information page for details of changes that have been made to the platform since its launch in 2013.

PEXA is regulated by the Australian Registrars National Electronic Conveyancing Council (ARNECC).  ARNECC was established to facilitate the implementation and ongoing management of the regulatory framework for electronic conveyancing of real property in Australia.  It consists of Land Titles Registrars (or their representatives) from each Australian state and territory, who are responsible for implementing the Operating Requirements and Participation Rules in their respective jurisdictions.

For the most up to date information on the NSW eConveyancing Operating Framework, participation rules and waivers and other obligations, please see the information on the Office of the Registrar General’s website.

Uniform National Mortgages in Australia

Part of the move to eConveyancing was the development and introduction of a National Mortgage Form (NMF).

The NMF was released for use in NSW in May 2017 and for mortgages signed after 2 March 2018, the NSW Mortgage Form (Form 05M) will no longer be accepted by NSW Land Registry Services.

The NMF is available from the ARNECC website and must be completed online and printed for execution and lodgment with NSW Land Registry Services.

Access the form here: http://lrforms.arnecc.gov.au/lrforms/NationalMortgageForm/Entry

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