electronic conveyancing


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electronic conveyancing

the transfer of ownership by electronic means. More particularly the new and improved system of land registration established by the Land Registration Act 2002. The necessary formal documents can be executed (signed) electronically. Third party rights are protected by notices and restrictions. Its use may in due course be compulsory. The system was not in force at the time of writing. Similar developments are underway in Scotland.
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The Land Registration Act 2002 which creates the framework for electronic conveyancing deems electronic documents to be deeds, and both could be prepared in electronic form.
Electronic conveyancing will allow the whole process to be conducted online.
Louisa Jakeman, of Wright Hassall, said electronic conveyancing would mean a paper document won't have to be signed in the future.
Our Legislation adopts the Electronic Conveyancing National Law that enables documents to be prepared, lodged and processed electronically.
Minister for Natural Resources and Mines Andrew Cripps said the Electronic Conveyancing National Law (Queensland) Bill 2012 would allow businesses, solicitors and the general public to benefit from participating in a consistent national e-conveyancing system.
Utilising 21st century technology to develop an electronic conveyancing system will bring real advantages, both for the public and those involved in the property industry,' said Lynne.
Upon commencement of the role next week, Mr Burdett will turn his attention to electronic conveyancing and the positive benefits Government and the private sector can draw from the great advancements in spatial technologies.
Electronic conveyancing will allow the whole home buying process to be conducted online.
Bromsgrove legal firm Thomas Horton & Sons is playing a role in the move towards electronic conveyancing.
It also aims to introduce electronic conveyancing, enabling professionals such as solicitors to access information on property held by the registry through the Internet.
Electronic conveyancing is set to revolutionise the way we buy and sell homes.
Birmingham-based law firm Wragge & Co has joined forces with EGi - the online news, research and information service for the property market - to launch what is claimed to be the UK's first dedicated website for information on electronic conveyancing.
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