The world of conveyancing, which consists of the all the transactions, searches and checks to do with buying or selling real estate, is going completely electronic in Victoria.
Next time you buy a property, don’t be surprised if you don’t receive a paper Certificate of Title to authenticate your new purchase – but a digital one. You won’t be able to hold it in your hand but it means the same thing – you own that property (or the bank does, either way).
The conveyancing world is in transition at the moment but shortly all transactions will take place online. It will make life easier for everyone in the end but we suspect the transition process will be interesting as we all embrace the new technology.
Buying or selling a property? Call us for or a no-obligation quote for fair conveyancing fees.
No comments yet.