QLD Legislation for Property Sales Live Next Week

New legislation taking effect next week makes buying and selling real estate in Queensland faster and more efficient, with conveyancing transactions to be conducted electronically.

Queensland is the last of the major Australian States to mandate a digital transition for property transactions, which will favour the use of digital platforms to assist both buyers and sellers.

The Titles Queensland e-conveyancing mandate is effective from next Monday (20 February) and brings Queensland into line with Victoria, South Australia, Western Australia, and New South Wales.

InfoTrack’s Head of Property Australia, Lee Bailie, said the mandate was good news for everyone involved in the buying and selling process.

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