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Understanding Digital Contracts and the Electronic Conveyancing Process (NSW Guide)

  • Tanya Spencer
  • 45 minutes ago
  • 3 min read

The way we buy and sell property in New South Wales has changed and it’s faster, safer, and easier than ever thanks to electronic conveyancing and digital contracts. Gone are the days of printing pages of paperwork, signing in person, or posting documents back and forth. Now, you can manage much of your property transaction online, from anywhere. In this simple and SEO-friendly blog post, we explain how signing digital contracts and using electronic conveyancing works and what it means for you as a buyer or seller.

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What is a Digital Contract in Conveyancing?


A digital (or electronic) contract is the same legally binding agreement you’d normally sign in a property transaction just done online instead of on paper.

✔ You receive the contract via secure email✔ You review the document on your computer or mobile✔ You sign electronically using a verified e-signature (e.g., DocuSign or Adobe Sign)✔ Both parties receive a digital copy once signed

💡 Important: Digital contracts are 100% legal and enforceable under NSW law.



What Is Electronic Conveyancing (E Conveyancing)?


Electronic conveyancing refers to managing the entire property settlement process online from contract signing to transferring ownership and paying duties.

In NSW, E Conveyancing is done through a platform like PEXA (Property Exchange Australia) and includes:✔ Lodging land title documents with NSW Land Registry Services✔ Paying stamp duty directly to Revenue NSW✔ Settling funds between buyer, seller, and lenders✔ Transferring property ownership electronically

💡 As of 2021, electronic conveyancing is mandatory for most property transactions in NSW.



Is Signing a Digital Contract Safe?


Yes! Signing digitally is not only safe it’s often more secure than using paper.

✅ Platforms use encrypted, password-protected systems✅ Your signature is verified and recorded with a time-stamp✅ Each step of the process is traceable for legal protection



How Does e Signing a Contract Work?


1. Receive the Contract

Your conveyancer will email you a secure link to your contract (often through DocuSign or a similar platform).

2. Review Carefully

Read through every section of the contract. Ask your conveyancer if you have any questions before signing.

3. Add Your Signature Digitally

Click the areas marked for your signature or initials. You can sign with a stylus, mouse, or use an automated digital signature.

4. Finalise & Download

Once all parties have signed, the final contract is stored and downloadable for your records.



How Does Electronic Settlement Work?


Using PEXA, your conveyancer will:✔ Coordinate with the bank, buyer/seller, and Land Registry✔ Lodge the Transfer of Title online✔ Pay stamp duty electronically✔ Distribute funds to the seller, agent, and relevant parties

💡 Settlement is tracked in real-time, and you’re notified as soon as it’s complete.



Benefits of Digital Contracts & Electronic Conveyancing


Faster Turnaround

No more delays from postage or courier deliveries. Contracts and settlements move quicker.


More Convenient

Sign anywhere, anytime perfect for busy schedules, regional buyers, or interstate sellers.


Better Accuracy

Digital systems reduce the risk of missing pages, signatures, or errors.


Environmentally Friendly

No paper, no printing just smooth, efficient digital files.



How SL Conveyancing Makes Digital Easy


At SL Conveyancing, we’ve embraced digital property transactions for over a decade and we make the process stress-free for our clients. ✔ Fast contract reviews via email✔ Safe, secure digital signing with step-by-step guidance✔ Seamless settlements using PEXA✔ Friendly updates and clear communication from start to finish



Final Thoughts: Welcome to the Future of Property Transactions


If you’re buying or selling property in NSW, chances are your transaction will be completely digital and that’s a good thing! With an experienced conveyancer on your side, the process is fast, secure, and incredibly convenient.

📞 Contact SL Conveyancing today to get started with a digital contract or learn more about how electronic conveyancing can benefit you.



 
 
 

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