×

Say goodbye to physical certificates of title

bin-blur-close-up-850216

Before the Queensland titling system moved online, ownership of land in Queensland relied on a physical paper certificate of title held by the owner or mortgagee as security.

Since the online system was introduced, each time a physical certificate of title was deposited to the titles office with a transaction (such as a transfer) the titles office would destroy the paper certificate to facilitate the transition to an entirely online system.


Currently, only about 11% of Queensland titles hold a paper certificate.

Moving to electronic certificates of title

There has been talk for some time to remove any requirements for paper certificates and to rely solely on the electronic titling system. On 26th March 2019, a Bill was finally passed in the Queensland Parliament amending the Land Title Act 1994 (Qld) to remove requirements for paper certificates of title from the Queensland titling system.

This change means that, as of 1st October 2019, a paper certificate of title will become an item of historic or sentimental value only. Paper certificates of title will no longer have any legal effect and the titling system in Queensland will be entirely electronic.

What does this mean for you?

Practically this means that as of 1 October 2019, a paper certificate of title will no longer need to be deposited with the Titles Office. A Form 19 Application for Certificate of Title and a Form 17 Request to Dispense with production of a certificate of title will also cease.

However, until 1 October 2019, the current provisions apply which require paper certificates of title to be deposited with transactions when issued, or a Form 17 Request to Dispense must be deposited in its absence.

Contact us

If you would like assistance with your next property transaction, get in touch with our Property Team at redchip@redchip.com.au, or phone our office on 07 3223 6100.

Back to Articles
Redchip

Recent Articles

kaitlyn-baker-vZJdYl5JVXY-unsplash (1)
It’s official – Electronic Signing for Companies is here to stay!

Thankfully, on 22 February 2022, the Corporations Amendment (Meetings and Documents) Act 2022 (Cth) (the Act) received assent, amending the Corporations Act 2001 (Cth) (Corporations Act). This legislation clarifies and makes permanent the temporary relief measures which had in place 2020. The Act establishes a permanent mechanism which allows for: The electronic execution of documents […]

Read more
Untitled design
Who is responsible to repair damage following a natural disaster?

1. Rent Abatement In most cases, a lease will contain a clause whereby the tenant’s obligation to pay rent and other money under the lease (such as outgoings) is abated (either partially or completely) while the Premises are inaccessible or incapable of being occupied. 2. Reinstatement The Lease may contain specific obligations on the Landlord […]

Read more
pexels-nothing-ahead-4502492
Significant Changes to Residential Contracts

What are the changes?   Extension of Settlement Date Recently, there have been media reports of buyers losing their deposits because of a failure of their financial institutions to be able to settle on the settlement date. This change allows for either party to extend settlement date by up to 5 business days from the […]

Read more