Electronic Lodgment Network Operators
Electronic Lodgment Network Operators (ELNO) provide the means, an Electronic Lodgment Network (ELN), for transacting parties or their representatives to collaborate electronically on the preparation of registry instruments, the settlement of the funds and the lodgment of instruments with the land registry to complete conveyancing transactions.
ELNOs are approved by the Registrar in each State and Territory to operate in that jurisdiction.
Property Exchange Australia Ltd (PEXA) is approved to operate in New South Wales, Victoria, Queensland, Western Australia and South Australia. PEXA can be accessed directly or via a PEXA Sponsor listed at www.pexa.com.au/pexa-sponsors.
Purcell Partners Pty Ltd was assessed as meeting the Schedule 3, Category 1 requirements of the Model Operating Requirements (MOR v4) on 15 May 2018 and can now commence negotiations for approval to provide and operate as an ELNO with each State and Territory Registrar. Further advice will be published here when the company is approved to operate as an ELNO.
Application to become an ELNO
If an organisation is seeking to become an ELNO, the document Making an Application (PDF, 100.5KB) should be completed and submitted along with the relevant documentation via email to the ARNECC Chair.