Can self represented parties register for PEXA?

[RyanC]

If a Seller or Buyer is representing themselves at settlement, can they register for PEXA leading up to settlement so that the deal can proceed electonically?

[Ames · Accepted solution]

Hi @RyanC, good question.

Organisations who conduct their own conveyancing can join PEXA and act for themselves, provided they meet the eligibility criteria, including the Insurance Rules. Given the criteria includes having an ABN and maintaining professional indemnity and fidelity cover, individual buyers and sellers of property cannot join.

However, organisations transacting in land, including lodging transfers or caveats, may want to review the Eligibility Criteria in Rule 4 of ARNECC's Model Participation Rules.

Any Principal Subscribers interested in joining PEXA should email registration@pexa.com.au