What Is E-Conveyancing and Roles of Conveyancing Solicitors

by Heath Reid Legal advises

Till around two months back, conveyancing solicitors were only having this responsibility of getting conveyancing done. But things have changed entirely from December 1st 2018 and now it is mandatory to get E-Conveyancing done and this has actually added a bit of more burden on the shoulders of these professionals. Since, this is a new law, people in general don’t have much idea about it and this is why we are here with this post that discusses all the aspects of this concept.

What is E-Conveyancing?

According to conveyancing solicitors, the process of transferring of every property electronically is given the given the name of E-Conveyancing.
In this process too, there is a necessity of a competent and reputed conveyancer Sydney.
There are several reasons why the necessity of this step was felt for a long time and one of them was the wastage of more than anticipated time and money in the manually concluded process.
This electronic system is also given the name of PEXA and PEXA stands for PROPERTY EXCHANGE AUSTRALIA LIMITED.
The best feature is that it allows monetary and legal processes relating to a house sale get completed online.
According to the experts, this system is considered hugely beneficial and with it, lawyers and financial institutions who can submit all legal documents for transfer of property and funds electronically.
Another feature is that with it, you will see a drastic reduction in the usage of papers and paper related matters.
This reduces manual paperwork significantly rendering it as a convenient and beneficial process.

Advantages of E-Conveyancing

There are a several other advantage and some of them have been discussed here in this post and the top thing that needs a mention here is that it is super-easy to use.

Easy-You-Use

Yes, experts of conveyancing solicitors say that it is because of super-else in rules; this process has gained immense importance.
The main reason behind this is the reduced paper work that was actually making this process lengthier.

Busy and Hectic

But now since very less paperwork is used, this process has become very simple and can be completed through DIY and more and more convenience can be achieved.

Constant Notifications

According to the experts, another very remarkable advantage is that as clients, you will get constant notifications of whether you are selling or buying.
Yes, the rules of this new process have made it mandatory for every conveyancer Sydney to present you the reports of what steps they have taken till now.
This report can be sent to you in the form of an email, texts, etc. and this way, you’ll be kept updated about the upcoming steps.
This is another factor that has helped a lot in making this version of conveyancing immensely possible.

Some More Features or Advantage of E-Conveyancing Are –