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The Property Law Reform Alliance
The Property Law Reform Alliance (the 'Alliance') is a coalition of legal and industry associations committed to bring about uniformity and the reform of property law and procedures in Australia.
The purpose of such a goal is to ensure efficiency and cost-effectiveness for all stakeholders in property law transactions.
The Alliance aims to achieve this outcome through discussions with government and the development of a uniform Torrens Title Act, which will establish leading practices for possible adoption by States and Territories.
"Australia is no longer a collection of separate colonies. Uniform property laws, although a long-term goal, can be achieved through the co-operation of the State and Federal Governments. " |
The Case for Property Law Reform
Developing a Model
The Alliance's major goal is the development of a uniform Torrens Title Act.
This would outline leading practice regulation and ideas for possible adoption by State and Territory jurisdictions.
The Uniform Torrens Title Act and other supporting projects should deliver:
- Efficient land titling processes;
- Streamlined conveyancing practices;
- Nationally consistent documentation;
- Harmonised treatment of leasing;
- Simpler land financing processes;
- Harmonised power of attorney processes; and
- Common professional property standards.
