eConveyancing Update
Permanent Committee on the Cadastre
21-06-2013
eConveyancing Project Team
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Agenda
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eConveyancing and eRegistration
eConveyancing: Definition
Role of the Legal Profession
Problems with the Current Process
Law Reform Commission BearingPoint Report
Law Society eVision
eConveyancing: Developments to Date
Benefits of eConveyancing
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eConveyancing and eRegistration
eConveyancing
e-Registration
eRegistration
e-Lodgement
eLodgement
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eConveyancing: Definition
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Paperless (dematerialisation)
Validation of Authorised Parties
Viewing material online
All material transmitted through a central
electronic Hub or workspace
Secure
Transparent
Land registration
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Law Society
Law Society formally welcomed the Law
Reform Commission BearingPoint Report
eConveyancing: Modelling of the Irish
Conveyancing System and agreed that the
Law Society ‘has a vital role to play in
improving the conveyancing processes and
educating its members in new processes
and practices’ (page 119 BearingPoint
Appendix)
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Role of the Legal Profession
Solicitors’ profession must be
fully engaged with the process
in order to play a key role in the
delivery of eConveyancing
services so as to provide a
more efficient, value for money,
transparent service to our
clients and thus enhance the
unique role of the solicitor in
the process.
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Problems with the current
conveyancing process
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Process is complex
Lacks transparency across process/groups
No universal standard documentation
Very paper based
Delays are inherent
Information spread over wide group and many locations
No uniform IT standard/usage – some good/very bad
Weakest link holds everybody back
Legislation is complex – outdated and requiring reform
Culture/tradition – conservative/delay accepted as part of
process
 Education/training – limited consumer understanding of
process can cause delays - also within other stakeholder
groups
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LRC BearingPoint Report
Diagram of Proposed Model
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eVision: Summary of Principles
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Title by Registration
eConveyancing – not eRegistration
Buyer Beware to Vendor Disclosure
ePlanning Register
Personal Tax Regime
Electronic Loan/Mortgage
Real-Time Money Transfer
Electronic Workspace/Hub
Electronic Contract
Digital Signatures
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eConveyancing: Developments to Date
2005 – 2008
09/12/2011
July 2008
26/03/2011
May
2008
28/08/2010
June 2007
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Law Society publishes Back to Basic Principles – ‘eVision’
Registration of Deeds and Title Act 2006 enacted
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PRA convenes eRegistration Project Board
PRA launches EULIS service
25/06/2009
March 2007
05/01/2009
September 2006
25/04/2008
April 2006
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LRC Stakeholder seminar on eConveyancing
Law Society welcomes the LRC BearingPoint report
LRC publishes BearingPoint report on eConveyancing
PRA launches landdirect.ie service
Law Society completes IT survey of legal profession
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Law Society launches eConveyancing Task Force
20/05/2007
February 2006
06/09/2006
November 2005
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eConveyancing: Developments to Date
2009 – 2010
06/05/2012
August 2010
03/06/2010
February 2010
07/03/2010
January 2010
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PRA completes digital mapping with the digitisation of all registered boundaries
Registry of Deeds available online to landdirect.ie account holders
26/07/2009
December 2009
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Compulsory first registration extended to all counties (except Dublin and Cork)
Land Certificates and Certificates of Charge ceased to have effect
PRA launches Phase 1(b) of eRegistration – eCharging Orders
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Land and Conveyancing Law Reform Act 2009 enacted
Over 150 pre-1922 statutes repealed or re-enacted into a modern format
Land Registry folios converted to digital format
Irish Institute of Surveyors convenes Inter Professional Task Force on property
boundaries.
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PRA launches Phase 1(a) of eRegistration – eDischarges
Law Society and IMC agree streamlined procedures – QeD process for
redemption figures, title documents and discharge/vacate
26/02/2009
October 2009
05/12/2008
April 2009
06/07/2008
March 2009
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eConveyancing: Developments to Date
2011 – 2013
01/09/2012
May 2013
19/02/2012
April 2013
08/08/2011
March 2013
25/01/2011
November 2012
20/07/2012
August 2012
01/05/2012
June 2012
11/02/2012
March 2012
03/09/2011
January
2012
01/07/2011
November 2011
04/04/2011
June 2011
19/11/2010
January 2011
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Roll-out of eRegistration by the Property Registration Authority
Publication of the National Payments Plan by the Central Bank
Appointment of lender programme manager
Engagement with Government re legislative change to enable eConveyancing
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Detailed mapping of proposed eConveyancing process in progress
Solicitor and lender surveys conducted identifying current process inefficiencies
Discovery phase affirms that eConveyancing is an achievable goal and
highlights where barriers to implementation exist
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Joint stakeholder workshops identifying key future processes and benefits
eConveyancing Programme Board and Steering Group established
Compulsory first registration extended to Dublin and Cork
Revenue introduces mandatory electronic payment & filing of stamp duty
eRegistration Project Board decides next phase of eRegistration
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Benefits of eConveyancing
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Reduction/elimination of risks, costs & inefficiencies of
manual, non-standard processes.
Reduction in duplication with intelligent forms and
validation.
Secure and faster communication channels to
stakeholders.
Enhanced productivity by enabling easier and faster access
to important information.
Elimination of paper documentation (and deeds) and
associated costs.
Reduced end-to-end conveyancing cycle times.
Rapid registration of mortgage as a first legal charge and
backed by good title.
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Benefits of eConveyancing
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eHub Trust a/c and Disbursement Schedule reduces risk
by ensuring strict allocation of funds – vendor’s
mortgage, stamp duty, registration fees etc.
Fully transparent, auditable, verifiable controls &
reporting.
Improved process analysis and data metrics to better
evaluate effectiveness of regulatory compliance and risk
mitigation.
Reduction in risk of fraud and errors.
Faster, transparent and more predictable conveyancing
experience.
Improved collaboration between lenders and solicitors
during the conveyancing process.
More efficient delivery of service to the consumer.
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Contact Details
Liam Barrett
eConveyancing Project
Manager
l.barrett@lawsociety.ie
Eamonn Freyne
Solicitor eConveyancing Project
e.freyne@lawsociety.ie
Close
Sale
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