What’s important to our legal practitioner community as we head into 2022 Delivering genuine choice and competition to conveyancers and legal practitioners is one of our core missions at Sympli. It is only through speaking with and listening to many lawyers and conveyancers from across the industry, that we are building an e-Settlements and lodgement experience to truly deliver on the promises of eConveyancing. Throughout 2021, Sympli has surveyed legal practitioners across Australia to find out what is on your mind with respect to your own practices, the eConveyancing journey, and how we at S ..read more

Currently there are two operating Electronic Lodgement Network Operators (ELNOs) in Australia – Sympli and PEXA – electronically processing registry document lodgement and property settlement transactions. Currently, all parties to conveyancing transactions must use the same ELNO to complete the transaction. Interoperability is a solution to allow different ELNOs’ systems being able to communicate with each other to complete a property transaction. For multi-party transactions.  Interoperability allows the ELNOs to communicate with each other and for conveyancers, lawyers, banks ..read more

Version 6 of the MPR comes into effect on 12 April 2021 and can be found here. To help keep you well informed and ready to integrate these changes into your processes, key changes include, but are not limited to: Removal of the ability for a Subscriber to act as an Attorney to Digitally Sign a Registry Instrument or Document (5.6); Amendments to the Client Authorisation form in Schedule 4 and an amendment confirming that forms previously signed are not invalidated by the new version of the form (MPR 6.3 and Schedule 4); Amendments to right to deal requirements relating to mortgagors (MPR 6.4 ..read more

Sympli’s Early Onboarding Program is now available for Practitioners in the Port Macquarie and Gosford area. The aim is to give the conveyancers of these regions an exclusive opportunity to take part in the co-design of the next generation Electronic Lodgment Network.  Practitioners get access to Sympli’s platform which aims to streamline the e-settlement and lodgment process. Our platform strives to deliver efficiencies for your everyday transactions. With real-time updates and the ability to manage multiple settlements from a single dashboard, practitioners can manage their lodgments in ..read more

The recent Parliamentary Committee on the Electronic Conveyancing (Adoption of National Law) Amendment Bill 2022 and likely changes to the ECNL has put Interoperability firmly in the spotlight. In this blog, I set the record straight on some of the common misconceptions that have formed the basis of recent public discourse on Interoperability in eConveyancing. Update: the ECNL Bill was passed by NSW Parliament on 12 May 2022.   MYTH #1: INTEROPERABILITY IS NEW Fact – Interoperability is not a new concept. In its most basic form, Interoperability is the ability for two or more systems to ..read more

“Bugbear” Definition: a cause of obsessive fear, anxiety, or irritation. To a conveyancing practitioner, the notion of “settlement is delayed” conjures up a cold sweat. Obsessive fear that the settlement won’t go through in time, anxiety about informing the client that they will need to pay more for their removalist van to wait, and irritation that the perfectly well-organised settlement now must be re-worked! Undoubtedly a “Bugbear”! Common Reasons for Settlement Delays Late actions or documentation A failure of one party to the transaction to be ready for settlement or to take a step that an ..read more

Order morning coffee – there’s an app for that, check when the bus is coming, there’s an app for that, order kid’s lunches while in transit – there’s an app for that, check out the latest news- there’s an app for that .. get the picture? Apps, smart gadgets are now embedded in our daily life. Certainly simplifying our manner of living by presenting us to efficiency through speed, instantly becoming habitual. Further proven by the present age we live in, where the majority of humans rely on digital developments. Our life is so deeply rooted in the digital that we would be lost without it. As te ..read more

Time to combat change fatigue, we the practitioners are ready for Interoperability. I often get asked about interoperability and what it all means for a practitioner. Interoperability is not a new concept, it is a word that has been used over the last few years, and one that many of us can barely spell let alone relate to.  But what exactly is interoperability? Ultimately interoperability is not just about technology, it’s about people being able to work together and collaborate across providers, as we do in many ways today, without even realizing.   ..read more

The Office of the Registrar General NSW has observed that many Subscribers receiving a Compliance Examination notice, sent to determine whether the NSW Participation Rules have been complied with, do not action it or contact NSW LRS to question its validity. NSW LRS send out Compliance Examination notices to the email address registered with your ELNO (e.g. Sympli), so please make sure your email information is valid and up to date. Compliance Examinations are important in ensuring the confidence and integrity of the eConveyancing system and notice of such should be taken seriously by Subscrib ..read more

Client Authorisations have recently been identified by ARNECC as an area with a high proportion of practitioner non-compliance in the industry. Given the impact that nonconformity with the regulations can have, we thought some helpful reminders might be useful. Why are Client Authorisations so important? Client Authorisations are an integral part of the e-conveyancing process and have been introduced to help practitioners protect the integrity of the register. The Client Authorisation protects firms from the risk of liability for unauthorized dealings on the register and therefore holding a pr ..read more