释义 |
electronic conveyancing (e-conveyancing) The transfer of land by electronic means instead of by paper documents. The framework for such conveyancing has been set in place by the Electronic Communications Act 2000 and the Land Registration Act 2002. No date has yet been announced for the bringing into force of the relevant provisions of the 2002 Act, but the land registers are kept in electronic form and it is already possible to discharge mortgages electronically. The Land Registry announced in 2013 that further development of electronic conveyancing had been suspended owing to soaring costs. See land registration. |