×

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

Kids on IPhones small
Digital Legacy – is this the most valuable part of your Estate?

Social media accounts for 33% of the total time we spend online averaging 2 hours and 24 minutes per day across multiple social networks and messaging apps.

Read more
Business Review small
Financial distress and your safety net during COVID-19

Temporary changes to insolvency laws mean businesses have a safety net whilst they dealt with the sudden and dramatic decline in revenue as a result of COVID-19.

Read more
Man signing a contract when buying a new house
Attention Landlords – don’t be left high and dry by an insolvent tenant

As a Landlord, how do you collect security from a tenant under a lease?

Read more