With record high underemployment rates during COVID-19, millions of Australians are having trouble affording their usual rent payments.

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Many lawyers and mortgagees may be left wondering how best to comply with their verification of identity obligations for conveyancing and mortgage transactions during this time.

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With one mandate deadline for electronic lodgment of land dealings remaining, Thomson Reuters author, lecturer and sole practitioner Greg Stilianou reflects on managing risk when engaging in online property transactions.

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The introduction of the Electronic Conveyancing National Law (ECNL), with its emphasis on the verification of identity (VOI) of the mortgagor by a mortgagee, is expected to reduce the registration…

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