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Around the grounds: PEXA and industry updates

Around the grounds

Western Australia

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In its latest Settlement Industry Bulletin, the Department of Mines, Industry Regulation and Safety issued a timely reminder to remain vigilant of cyber-crime, with particular reference to email interception targeting property transactions. PEXA is committed to supporting you and safeguarding your settlements – at this time, we encourage you to stay alert and reach out to us if you require assistance.

South Australia

In response to member feedback, over the past 12 months, we have developed an Enhanced Settlement Summary (ESS) to improve your user experience. To ensure a smooth transition, this will be rolled out in nationally across three phases, with the first of these set for a business go-live of Monday 12 October 2020 in South Australia.

Queensland

August was another record month for digital settlements in Queensland – and it’s fantastic to see firms continue to build this momentum.

Collaboration is key to ensuring settlement day proceeds smoothly for all parties and clients. Jacob Corbett from Bradley & Bray Solicitors, will be joined by David Morrissey, Commonwealth Bank on Tuesday 29 September at 1.00pm to discuss operational rhythms from a banking perspective.

New South Wales and ACT

We’re excited to share that LawAdvisor’s digital contracts solution, RapidContracts, is now available via Marketplace on PEXA Plus for NSW matters.

As an introductory offer, RapidContracts is accessible at no cost for the remainder of September. Check out all the details here.

Victoria

The Victorian Legal Services Board + Commissioner “has determined that non-legal employees of law practices in Victoria will be permitted to sign registry instruments, provided they are appropriately supervised by the responsible principal.”

This change enables lawyers to delegate the signing of Registry Instruments to staff provided they adhere to prescribed guidelines – access the full overview here.

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