Have your say on laws for licensed conveyancers.
In NSW, licensed conveyancers are regulated by the Conveyancers Licensing Act 2003 and the Conveyancers Licensing Regulation 2015.
This proposed Regulation keeps the existing requirements for conveyancers to conduct business, with some small changes. These changes include:
- the requirement to provide clients with an estimate of costs for conveyancing work if the amount is not known
- the requirement to avoid conflict between duties to former and current clients
- a new offence for failing to comply with conveyancers’ rules of conduct
- an expanded list of offences for which penalty notices may be issued.
The proposed Regulation also includes requirements relating to fees, professional indemnity insurance, resolving costs disputes, handling trust money and recordkeeping.
Whether you’re a conveyancer, a consumer or have any other interest in these laws, we want to hear your feedback.
Thank you for your feedback
This engagement is now closed. Thank you to participants for providing your input and ideas.
To see the responses, read the consultation submissions and the survey response report.
Visit the NSW Fair Trading website to find out more about how conveyancers are regulated in NSW.
Complete a survey
Upload a submission
This consultation is for NSW Fair Trading, Department of Customer Service.
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