1 CONVEYANCING TRANSFORMED | END TO END E-CONVEYANCING HAS ARRIVED
E-Conveyancing Presenter: Mark Smith Manager Stakeholder & Client Engagement Office of State Revenue January 2017
OSR Digital Transformation NSW Government Policy - 70% of all government transactions will be digital by 2019, now currently 44% Premier NSW Mr Mike Baird – “Customers of all service providers expect continuous service improvement, and government is no exception. We have a responsibility to deliver the services people need, and we are working to make NSW services easier, faster and more convenient .” http://www.itnews.com.au/news/digital-services-make-nsws-premiers-priority-list-409194 Page 3
OSR Digital Transformation Office of State Revenue (OSR) and Land Property and Information (LPI) are part of the Department of Finance Services and Innovation cluster OSR Property Revenue Group - Mission Statement: “Creating products and services to transform Property Revenue from manual and paper based processes to fully digital for our customers and agents (red tape reduction)” Page 4
What are we doing? All paper/manual processes are being reviewed in collaboration with the NSW Law Society, Australian Institute of Conveyancers and LPI Review payment channels Removal of hand stamps Add new transactions to EDR Allow lodgement of electronic documents with OSR Review of OSR forms and declarations Digital Compliance program Page 5
Advantages of e-Conveyancing? Verification of data Electronic Payment Lodgement of Transfer at settlement Payment of Grants Page 6
E-Contracts (ECOS) Assessment and stamping of ECOS through EDR Stamping of Transfer Assessment by a third party (settlement room) Page 7
Further Information E-Conveyancing Phone: 1300 208 528 Email: econveyancing@osr.nsw.gov.au WEB address: http://www.osr.nsw.gov.au/info/e-conveyance Electronic Duties Returns Phone: 1300 308 863 or 1800 086 642 Email: edr@osr.nsw.gov.au WEB address: http://www.osr.nsw.gov.au/info/edr Page 8
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