Changes are happening to the conveyancing process. Please read this information together with the overview on the Reforms to Conveyancing Process webpage.
Subscribers – legal practitioners, licensed conveyancers, financial institutions and Self-represented parties – will be required to retain for a period of seven years from the date of lodgment of a conveyancing transaction, evidence supporting:
Verification of Identity
Verification of right to deal
other prescribed requirements
any evidence required by the Duty Authority (State Revenue Office)
This evidence may be called upon to verify compliance with the requirements of the Recorder of Titles, including those contained within the Recorder’s Directions and Participation Rules.
This requirement applies to both paper-based and electronic conveyancing processes by virtue of the Recorder’s Directions and Participation Rules, respectively.
For more information on Retention of Evidence, including a comprehensive list of Frequently Asked Questions, please see the ARNECC Guidance Note on Retention of Evidence.
Please note: any capitalised term has the meaning given to it in the Recorder’s Directions, the Participation Rules, the Operating Requirements, or the Electronic Conveyancing National Law (ECNL) as applicable.