Calling all landowners with Title Deeds in Western Australia.
There’s a significant change in how land ownership is recorded and documented.
As of 7 August 2023, Duplicate Certificates of Title, more commonly known as Title Deeds or Paper Titles, will be phased out.
This transformation signals a major shift towards the digital age, as the original Certificate of Title will now solely exist as a computer record on WA’s digital titles Register. So what does a Certificate of Title entail, what are the benefits of this change and what does it mean for you? Read on.
Understanding the Certificate of Title
The Certificate of Title holds immense importance in the world of land ownership in Western Australia. Acting as a legal record, it serves as proof of ownership and provides crucial information about a parcel of land. Within its digital confines lies a comprehensive record of the current ownership details, a precise legal description of the land, and a detailed list of all registered interests and encumbrances associated with the property.
The transition to Digital Titles
With the approaching date of 7 August 2023, all Duplicate Certificates of Title will no longer be valid or issued. Instead, the government is fully embracing technology and shifting to a more efficient and secure system by transitioning to digital titles. This means that the traditional paper-based Title Deeds that landowners have held for years will now be replaced by their digital counterparts, accessible via the electronic titles Register.
Benefits of Digital Titles for landowners
Enhanced security and reduced risk
Moving to a digital title system enhances the security of land ownership records. Paper Title Deeds can be vulnerable to damage, loss, or even theft, which poses a considerable risk to landowners. On the other hand, digital titles are securely stored in a central database, safeguarding them from physical harm and ensuring that important records are preserved indefinitely.
Digital titles pave the way for smoother and faster property transactions. Previously, the transfer of property ownership involved physically handing over the Title Deed, which could lead to delays and logistical challenges. With digital titles, the process becomes more seamless, making it easier for landowners to buy, sell, or transfer property rights.
Immediate access to information
Gone are the days of sifting through files and drawers to locate Title Deeds. With digital titles, landowners can access essential information about their property at their fingertips. A few clicks on the digital titles Register will provide them with up-to-date ownership details, encumbrances, and other crucial information whenever needed.
Transitioning to digital titles is a win for the environment. The reduction in paper usage translates to a decrease in deforestation and waste. As landowners embrace the digital era, they contribute to a greener and more sustainable future.
Digital titles present a cost-effective alternative to traditional paper-based Title Deeds. With the transition to digital titles, landowners will enjoy streamlined processes and greater efficiency. While fees will apply for certain services, such as requesting official documents, the overall cost of managing and processing digital titles proves to be more economical in the long run. Additionally, property professionals will also benefit from time and resource savings when handling digital titles, which ultimately works to the advantage of landowners. Embracing the digital era brings not just convenience, but also financial benefits to all parties involved in the land ownership process.
As the world progresses towards a digital age, landowners in Western Australia must stay informed and embrace the change happening on 7 August 2023.
The shift from Duplicate Certificates of Title to digital titles presents numerous advantages, from enhanced security and streamlined transactions to immediate information access and environmental benefits.
By bidding farewell to Paper Title Deeds and welcoming digital titles, landowners can rest assured that their property rights are securely documented and easily accessible whenever needed. This transition brings convenience and efficiency and contributes to a more sustainable future for generations to come.
What does the change mean for you?
- Duplicate Titles will no longer be issued or able to be used.
- If you already have a Duplicate Title, it will no longer be a legal document. You can keep the document as a historical keepsake.
- The original Certificate of Title is now the single source of truth. You can order a Record of Certificate of Title online. This provides the current ownership details and all registered interests and encumbrances for that land parcel.