e-Conveyancing - GhostDigest

By: Ghostdigest  12-08-2011
Keywords: Property Transaction, Conveyancing Services

Automate rates clearance certificates to solve South Africa's conveyancing backlog and attendant losses writes Cher Chapple.

Transaction volumes of the online rates clearance solution, RatesClearance.com, continue to break records and it has now been implemented at twelve municipalities nationally.

England and Wales - in a very wide project, led and financed through the Land Registry, changes are being implemented but a number of hitches have also being encountered.   

The start of a series of articles giving an overview of the how far e-conveyancing initiatives have progressed in a number of countries.  

Sars has announced a number of important changes and enhancements to the transfer duty process, which should speed up the issuing of receipts.

The Registers of Scotland have published a corporate plan for 2011-2014, which outlines strategic objectives and focuses on customer service and value for money.

As from the 18th February, the City of Cape Town requires that a Certificate of Compliance regarding water installations be submitted upon the transfer of properties.

Ever wondered how the Electronic Deeds Registration Process will look? This PowerPoint presentation graphically gives us the lowdown on the Electronic Deeds Registration Bill.

Join the latest Korbitec roadshow in exploring the future of conveyancing in "The Market, the Players, the Technology!"

UK - A future where non-lawyers could set up conveyancing firms and even supermarket chains providing conveyancing services is predicted.

A joint effort will be needed to solve the e-conveyancing puzzle with which Australia is saddled.

The impasse which threatened the development of a national e-conveyancing system in Australia has been broken.

Korbitec recently launched Payment Solutions, a new service which will reduce the hassle and delays associated with rates clearance payments.

Ontario, Canada - widely recognised as the most progressive e-Conveyancing solution currently in operation and seen as a reference source for e-conveyancing solutions in other jurisdictions. 

Accenture has signed an agreement to design, build, test and deploy Australia’s national e-conveyancing system

UK - Land Registry has scrapped plans to use electronic transfers with e-signatures and to extend the use of electronic legal charges.

After a successful pilot between Korbitec and Absa, Korbitec' s Property Transaction Hub has been endorsed by Absa to allow for the simultaneous registration of Transfers and linked Mortgage Bonds.

Korbitec collaboration on the transaction hub, which is soon to be released links all participants involved in a property transaction, this week we show how the process works using screenshots.

A Pdf document of the recent Korbitec information session held in Mossel Bay and George this week explaining the electronic rates clearance application process.

The launch of Property24's Electronic Transfer Instruction (ETI) product will see a seamless, fully electronic property transaction information chain.

The successful merging of Korbitec and Property24.com means that property professionals and consumers will now have a truly comprehensive and industry neutral e-commerce property portal.

The Property Law Committee of the LSSA dealt extensively with the definitions and all the sections and concepts in the Electronic Deeds Registration Bill in February.

Scotland is ready to show the world how to do e-registration, as ARTL's official launch last month reminded us.

Keywords: Conveyancing Services, Property Transaction

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International - GhostDigest

UK - Conveyancers are facing unprecedented pressure over fees but have largely failed to diversify into other areas, according to research seen exclusively by the Gazette. Kirthimala Gunasekera writes that the ultimate success of the registration system depends on the professionalism and ethics of the conveyancing professionals.


Tables of Costs - GhostDigest

Korbitec's popularTables of Costs for Conveyancing booklet, compiled in association with conveyancing attorney Paul Kloppers and the law firm Jan S de Villiers, has been rendered into two Portable Document Format documents. In terms of Government Gazette No. 33413 Notice No. R.659, a new Schedule of Fees of Office as prescribed by regulations 84 and 86 will come into operation next month.


People & News - GhostDigest

The credibility of the Deeds Office is under fire after revelations that at least 33 properties were irregularly or fraudulently transferred. Greg Kukard reports that clearance certificate delays in Johannesburg has led to a number of urgent and successful High Court applications. The Johannesburg Attorneys Association is reviewing its legal options as the issuing of municipal clearance certificates system collapses.


General - GhostDigest

Allen West discusses the responsibility of the conveyancer when dealing with unregistered foreign companies in terms of regulation 44A of the Deeds Registries Act 47 of 1937. Johan Muller raises pertinent points about the sale of an undivided portion of agricultural land in terms of the Subdivision of Agricultural Land Act 70 of 1970.


Property24 - GhostDigest

This week's round up of Property 24 stories includes: interest rate hike unlikely, an architecture conference, tenants just wanting to walk out, and three month extension to be compliant. This week's round up of Property 24 stories includes: speculators lead distressed sales, your bond is the best place to save, bad landlords and Jhb inner city confidence is rising.