In case you didn’t already know the Australian state governments have been working together for the past decade to develop a co-ordinate electronic titling and land transfer system.
This will fundamentally transform a paper based and procedurally complex system (that is also very slow) into a seamless modern system. It is also likely to make land transfer faster, safer and cheaper which is great news for everyone involved in the development, sale, management and ownership of real estate.
Up until recently that development was being done by the National Electronic Conveyancing Strategy (NECS) headed by Simon Libbis, but in January 2010 authority for the project has been transferred to the newly established National E-Conveyancing Development Limited (NECD).
A lot of material about the processes and strategies can be found at the NECS website.
But, more excitingly a webcast is on tomorrow, 20 July 2010 at 12.00 noon (AEST) by NECD to provide an update on NECD’s plans and progress to date (including the opportunity to post questions). It will run for about 30 minutes and is open to everyone.
Find out more at the NECD Webcast site.
I’ll be watching so why don’t you too ?
Francesco …
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