The acronym ‘PEXA’ means ‘Property Exchange Australia’ which is an Electronic Lodgement Network, being a national online system providing the preparation of electronic dealings involving land. It is mandatory for almost all NSW and VIC real property sales and purchases to be completed via the PEXA online platform. The online system is designed to be safe and efficient, with settlement funds typically being available on the day of settlement.
Narooma Law is a certified member of PEXA, which means we have the expert knowledge and skill to perform land transactions electronically. We have been completing electronic transactions within PEXA since they first launched in NSW in 2018. Want to know more? Get in touch.