Cessation day 11th October 2021
The Registrar General of NSW has declared that 11 October 2021 is the day on which all certificates of title (CTs) will be abolished, known as ‘cessation day’.
By order under section 33AAA of the Real Property Act 1900, from cessation day all current CTs will have no legal effect and the Registrar General will no longer issue CTs for any reason.
The Torrens Title Register remains and has always been the single source of truth as to a person’s ownership or interest in land.
This means that from 11 October 2021 paper dealings will no longer be accepted for lodgment and only electronic dealings will be accepted.
New changes to the land titles system in NSW will be introduced that will transition NSW away from paper-based processes.
The Real Property Amendment (Certificates of Title) Act 2021 makes several changes to legislation, importantly allowing for the cancellation of certificates of title (CTs) and progressing NSW to 100% electronic lodgment of land transactions.
There are two significant changes from 11 October 2021:
- the cancellation of CTs and the control of the right to deal (CoRD) framework; and
- all land dealings must be lodged electronically. This is referred to as ‘100% eConveyancing’.
As Russell Kelly & Associates are accredited by PEXA, please contact us for all your conveyancing matters