E-conveyancing for QueenslandProperty transactions have been brought into the digital age through the introduction of an online conveyancing service in Queensland.Financial institutions and legal practitioners can become subscribers to the service that provides a single national online hub for documents to be prepared, signed, settled and lodged.Properties are exchanged via a secure platform with final funds settling through the Reserve Bank of Australia. The move to electronic conveyancing follows a decision made in 2010 by the Coalition of Australian Governments (COAG) to take property transactions online.The Queensland Government’s business and industry portal provides further information on the service and details on how to subscribe.
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