Question
1- Conveyancing Process Set out the steps in the conveyancing process with regard to what the vendor and purchaser's solicitor do during each stage of
1- Conveyancing Process
Set out the steps in the conveyancing process with regard to what the vendor and purchaser's solicitor do during each stage of the process. Separate the process into three (3) stages: Pre-Contract; Contract to Completion and Post-Completion.
2- In conveyancing, there are professional codes of practice that fall directly under the heading of ethics and that must be followed by all conveyancers, solicitors and their staff and in dealing with colleagues and other parties in conveyancing. Any behaviour consider to be a breach of ethical conduct may lead to disciplinary proceedings by the Law Society.
Research your state's (Australia) Law society and/or state's Institute of Conveyancing outline the ethical issues in conveyancing. Include a copy of your state's code of ethics/code of conduct in your answer.
3- The settlement process for the transfer of property is a complex process that previously relied on paper records and parties being physically present at transactions. PEXA is a platform for e-conveyancing, which connects all participants to a transaction and allows them to settle those transactions electronically, rather than requiring physical presence.
Discuss the impact on consumers, industry and government of the e-conveyancing platform PEXA, including any benefits, risks and challenges.
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