Industry transformation - Mandate Dates

[Aoife]

The Industry Timeline is updated frequently, for the latest version please scroll down to the end of this page.

Looking for more information on the digital transformation timelines?

The Industry Timeline is updated frequently, for the latest version please scroll down to the end of this page.

Refer below for the key dates and more released by the Land Registries of Victoria, New South Wales and Western Australia: 

Landgate Bulletin 13 December 2016 | Electronic lodgement of eligible documents

Registrar announcement links for each state:

VIC - Bulletin 171

WA

NSW 

SA 

[kiernanc]

Hi @JoW, thanks for the update.

Where do Transmission Applications (Deceased registered proprietor to Legal Personal Representative) fit in to this timetable?  I'm particularly interested in Victoria.

[JoW]

Hi @kiernanc,

Thanks for reaching out. 

PEXA and Land Use Victoria  are currently targeting Release 7.1 for this functionality (scheduled for February 2018). 

It's likely Land Use Victoria will update their transition to digital timetable at some point after that.
Thanks

Jo

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[StaceyP]

Can you please clarify a couple of things:-

1.  When you say "standalone transfers" does that mean that we will no longer be able to do a paper settlement for any matter involving a transfer in NSW?

2.  Are these dates mandated?  

Thanks 

[MatthewGillet]

Morning @StaceyP

Apologies if this is doubling up on the reply but for certainty I can offer the following:

1. a "standalone transfer" refers to a transaction where there is only the Transfer of Land document lodged. In simple terms, the most common form is a cash transfer where a buyer is paying cash and there is no existing mortgage on title (clear title) 

2. In NSW, these dates form part of the Registrar's Conveyancing Rules and providing there is no amendment to these, the dates are fixed.

I hope that helps.

Matt

[StaceyP]

So just to clarify, if there is a mortgagee involved in the transaction, either discharging or incoming, these settlements can still be a manual settlement after 1/7/2018?

Can you provide any insight into the lodging of Transmission Applications and Notices of Death?  Will these be part of the PEXA platform?

[MatthewGillet]

Hello @StaceyP

Particular to NSW, the following will apply:

1. On 1 July 2018 - A standalone transfer that has no mortgage or discharge attached must be lodged electronically
   • Common Example - A house that is clear title and purchased in cash
2. On 1 July 2019 - Any discharge, transfer or mortgage (or combination thereof) must be lodged electronically
   • Common Example - a standard DTM. A house sale where there is an existing mortgage on title that is discharged and replaced with a new mortgage by the financier of the buyer.

Matt

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[JoW]

Note: WA dates will be updated soon.

 

[stephbisset]

Hi Jo,

Is there an updated table showing the start dates from your post dated 27 October 2017. I am particularly interested in QLD. When do we have to start stand-alone refinances with PEXA?

Thanks, Steph

[Aoife]

Hi Steph,

Thanks for your question. The table from 27 October 2017 above is still the most accurate timeline.

Refinances are available to be completed online in Queensland already, however no timeline has been provided yet. Check out this overview of refinances for your reference.

Cheers

Aoife