Net the benefits

Dear, B

Net the benefits - 2001 - Property Week 66(38) 21 September 2001, 94(1) .

Discusses the advantages of electronic conveyancing over the existing paper system. Benefits include the elimination of delays between exchange and completion, the ability to quickly identify and remedy errors or issues, and the way that involvement of all parties in tracking the progress of the transaction online. Looks at online searches via the Land Registry Direct system and the one-stop-shop service offered by the National Land Information Service. Explains how the Electronic Communications Act and the Land Registration Bill will make e-conveyancing a reality by enabling electronic signatures and providing a secure environment. Raises the issue of stamp duty in an electronic system, and concludes that e-conveyancing could make property a more appealing asset.


ECONVEYANCING
ECONVEYANCING
PROPERTY TRANSACTIONS
LAND REGISTRATION BILL
ELECTRONIC COMMUNICATIONS ACT 2000
STAMP DUTY
NATIONAL LAND INFORMATION SERVICE
E-SIGNATURES