Identity Requirements

There are new obligations regarding proof of your identity when dealing with land transactions that came into effect as of 1 November 2011.

This is partly due to an increase of identity fraud in land transactions. The changes are designed to minimise the risk of illegal or improper dealings with regard to land transactions and particularly give greater protection to you.

To satisfy the requirements, when signing documents you will have to provide photo identification (either your driver’s licence or passport). In the event that you do not have this type of photo identification you will require two forms of non photographic identification such as your birth certificate and medicare card. A comprehensive list of the acceptable forms of identification can be found by clicking on the link below.

http://www.lpi.nsw.gov.au/__data/assets/pdf_file/0007/163348/Witness_obligations.pdf

Posted in: Property.
Last Modified: September 11, 2012

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