Further streamlining to conveyancing in WA as amendments pass Parliament The passing of the Transfer of Land Amendment Act 2021 (TLAA) in Parliament yesterday (16-06-2022) will further improve and streamline conveyancing in Western Australia, as the state continues to advance electronic conveyancing. Once brought into effect, the amended Transfer of Land Act 1893 will:• Remove duplicate certificates of title from WA’s titling system • Enable the service of notices electronically• Clarify the definition of counterpart documentsThe TLAA provisions will take...
Verification of Identification (aka VOI) is an important and required step for Property transactions in WA, For your convenience we engage multiple options including the preferred IDSecure, where you will receive an SMS inviting you to complete your Virtual VOI on your smartphone. Please action this before it expires ~96 hours (~4days) from SMS initiation. Some tips (especially for overseas individuals) please:1. Within the next 96 hours (4 days), click on your weblink on a mobile device i.e. phone or...
The introduction of the new Strata Title Act Amendment has led to the creation of Leasehold Schemes and Titles in WA. A leasehold scheme includes a subdivided underlying title with a reversionary interest and leasehold strata titles. A Leasehold Title is a portion of the subdivided land that acts the same as a freehold parcel for the duration of the leasehold scheme (20-99 years). Reversionary interest relates to the right of the owner of the underlying title. It allows them...
Regulated products and services From 1 July 2018, Landgate’s regulated fees are due to increase approximately 1.5 per cent,in line with the average forecast rate of the Consumer Price Index (CPI). The proposed fees are available on our website. Please be aware these are subject toapproval from the Governor in Executive Council and publishing in the Government Gazette. The final fee schedule will be on Landgate’s website as soon as this approval is received. Commercial (non-regulated) products and services From 1...
Milestone achieved!The most significant changes to strata in over 20 years have been confirmed following the passage of the Strata Titles Amendment Bill 2018 and the Community Titles Bill 2018 on 1 November 2018 and 6 November 2018 respectively.What happens now?Landgate’s focus will now be on completing the regulations to support the amended Strata Titles Act 1985 and the new Community Titles Act 2018. Landgate will continue consulting with public, government, industry and community stakeholders on those regulations.How to stay informedFor further information on the reforms, refer...