The short answer for now – absolutely!
A Bill to complete the transition to 100% eConveyacing was introduced into Parliament on 17 March 2021.
The Real Property Amendment (Certificates of Title) Bill 2021 enables the NSW Government to abolish paper certificates of title (CTs) later in the year. It includes other consequential changes intended to strengthen and future-proof the land titles system in NSW.
Minister for Customer Service Victor Dominello said after five years of work, reaching this final milestone was a huge victory.
“This is a big moment for all NSW landowners as a more efficient and secure land title system will generate greater efficiencies in the property and financial sector and support NSW’s economy,” he said.
“eConveyancing is a secure system, with checks and balances to protect against fraud and abolishing CTs removes the administrative burden for people to manage and locate it in an environment where all transactions are done electronically.
“Retiring redundant paper processes that have existed for over 150 years and embracing a digital future which is faster, more efficient and more accurate.”