Dear All, Just want to raise a concern in respect of the security of Certificate Authentication Code in NSW. As a standard practice and one of the common questions in the Requisitions on Title Forms, the purchaser solicitor generally requests the vendor to provide CAC of the CT at least 7 days before settlement. This practice is understandable in a paper settlement, as CAC can be used to verify the CT. However, this is redundant in eConveyancing, as CoRD will be generated in PEXA. In fact, CAC is more important than ever, as it can be used to generate CoRD. As it is the only information on the CT which is not publicly available, it is the "password" for CoRD. I would be reluctant to disclosure CAC to any other person, as it can be misused by others. Does anyone agree with this? Or am I overthinking this? Kind regards, Chao Deng
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