Westwood Conveyancing

e-Conveyancing aims to provide an electronic business environment for completing property transactions including electronic lodgement with Land Registries and the settlement of funds.

This will include providing an electronic environment to:

• Lodge the Land Title dealing documents and related instruments needed to register changes in property ownership and interests.
• Allow the different and accredited parties involved in the transaction to view and complete the documents to conclude the property exchange or transaction.
• Allow for the electronic settlement of all financial transactions at a nominated date including settlement monies, duties, taxes and any disbursements.
• Lodge electronically Land Title instruments for registration with the relevant State or Territory Land Registry for electronic processing.

What is PEXA?

PEXA stands for Property Exchange Australia … a purpose built system that brings property exchange into the 21st century.

PEXA supports the exchange of property through the ability to perform lodgements and property settlements online in a simple transaction.

This includes new mortgages, mortgage discharges, transfer of ownership, settlement, caveats and notices in one easy to use, intuitive, online platform.

Who’s involved with PEXA?

• Land Titles Offices and Registries;
• Banks and other Financial Institutions including credit unions;
• Solicitors and Conveyancers;
• State Revenue Offices; and
• Peak industry bodies such as the Australian Institute of Conveyancers and the Law Council of Australia

Transaction Types

In Scope Transactions:

• Discharge
• Mortgage
• Discharge & Mortgage
• Transfer
• Discharge & Transfer
• Transfer & Mortgage
• Discharge, Transfer & Mortgage
• Caveat
• Withdrawal of Caveat

Out of Scope Transactions:

• Change of Name
• Notice of Death
• Transmission Application

Other Transaction Types

• Lease
• Request
• Application of Replacement CT
• Discharge of Charge
• Postponement of Mortgage
• Other