Do you have a Certificate of Title for your property?
When selling your property it is a good idea to know whether or not there is an Original Certificate of Title (also referred to as a Title Deed) for the property in existence.
In 1994, the Land Title Act was proclaimed which implemented a computerised register to replace the existing paper-based register. As such, new paper-based Certificates of Title are no longer issued. If you have owned your property for many years though, there is a chance that an Original Certificate of Title may still be in existence. If so, you would need to hand that Original over to your solicitor for any transfer or dealings with that property.
If you know that there is a Certificate of Title in existence but you are unable to locate it, an application to dispense with the Certificate of Title will need to be made with the Department of Natural Resources and Mines to have the original document cancelled prior to settlement. This is a time consuming and costly exercise and could result in several weeks delay in settlement.
So, if you are unsure whether there is a Certificate of Title and are looking to sell your property in the near future, you should contact your solicitor or visit a Department of Natural Resources and Mines office to ensure that your property dealing runs smoothly.