Friday, November 09, 2007

Metadata for Electronic Conveyancing

In August I wrote about the National Electronic Conveyancing System (NECS) being worked on with standards for buying property online, including lodging land titles. Progress seemed to be slow and now seemed to have got slower, with media reports of disputes between the states. Refreshingly for such a body, the NECS publish their minutes in a blog-like format, so you can read the official version, and then compare this with the media reports.

Some media reports are about if a federated or centralized model should be used . This is partly a matter of state rivalry and of possible loss of state revenue to a federal body. Little seems to be to do with making a more efficient system for the benefit of homeowners. There are some obvious ways to get around these issues, which NECS do not appear to have employed.

No comments: