Henzells For Rent News Letter - Edition 6

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For Rent... ISSUE 6

A word from our property management team NEW SYSTEM TO CUT RED TAPE ON PROPERTY SETTLEMENT Property settlements are set to become simpler and more efficient with a company today appointed to design and build a national e-conveyancing platform. Acting Treasurer Rachel Nolan said the appointment of Accenture by National E-Conveyancing Development Limited (NECDL) was an important step forward in cutting red tape and simplifying property settlement. "NECDL is the company responsible for developing a national electronic system for property exchange, and is majority-owned and funded by the Queensland, Victoria, New South Wales and Western Australian governments," Ms Nolan said. "NECDL has also secured funding from the big four banks, who will become minority shareholders in the company." Ms Nolan said national e-conveyancing is a key project in the Council of Australian Governments' agenda to create a seamless national economy. "It will reduce the need for conveyancers, solicitors

and bank staff to meet in one place to complete a property settlement," she said. "It will also help streamline the property settlement process, and cut the regulatory and administrative burden for government, business and communities. "Home buyers also stand to benefit from reduced time and money spent on property conveyancing, and those in the industry will enjoy process efficiencies. "The system will also deliver increased and enhanced client identity verification and checking processes welcome improvements in light of a spike in real estate scams. "The new system will be a big win for anyone who has ever experienced the complexities associated with property transactions." National e-conveyancing will commence in 2012 as NECDL will be working closely with key stakeholders in the coming months to determine their needs.

KINGS BEACH 4/26 Saltair Street | 2 bed, 1 bath & open plan living | Minutes to Kings Beach | Balcony, private courtyard & pool in complex | Single remote lockup garage & internal access to stairwell | Sorry no pets

Price: $290 p/w GOLDEN BEACH 903/75 The Esplanade | Fully furnished 1 bedroom, 1 bathroom, 1 car space | Outstanding resort living with water views | Modern open plan design | Austar & electricity included | Sorry no pets

Price: $310 p/w

49 Bulcock Street, Caloundra | Phone 5491 2000 Email: rentals@henzells.com.au

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