VOI Webinar Q & A
A legal entity registered to use an ELN to complete conveyancing transactions electronically, as or on behalf of, a Transacting Party.
Both Android and iOS IDfy are available worldwide so remote verification of identity is available for overseas clients.
Anyone can use the Verification of Identity Standard. However, for it to be deemed reasonable steps the Standard must be properly carried out by one of the following categories of people: Subscriber; Mortgagee; or Identity Agent.
The VOI is an LPI requirement. You still require the required documents for OSR.
Yes, both the vendor(s) and purchaser(s) are required to be verified.
For In-Person verifications only you – as the verifier – need to have IDfy installed on your device (iOS/Android phone or tablet).
The client will only need to download the app on their device if you are performing a Remote Verification. In this case, the client will receive an email with a link to download the app and instructions on how to proceed.
Download IDfy from the App Store for iOS or the Android Play Store.
An in person verification is $9.90 and a remote verification is $10.90.
You are still required to verify the identity of the signer.
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