16/04/2024
Major changes are happening in the Conveyancing space!!
The Recorder of Titles has put in place measures to provide a more robust and secure system to protect one of our most valuable assets - our property titles.
What does this mean for you the consumer? It means that your conveyancer or solicitor will be requesting (amongst other things) evidence of your identity and your right to transact on the property.
These changes bring us closer to the processes currently in place on the βmainlandβ.
In the background it also means more work your representatives must undertake to comply with the changes.
We thank you for your patience and understanding as those of us working in the industry get across these changes and put measures in place in order to protect you and your property.
Further information is available on the Land Titles Office website (link below)
On 7 March 2024 improvements to the property conveyancing process in Tasmania came into effect via the issuing of Directions in accordance with the Act.