What is PEXA?

PEXA stands for ‘Property Exchange Australia’. It is an electronic platform used by legal practitioners to complete settlement of conveyancing matters and lodge documents for registration with the land titles office. PEXA has streamlined the conveyancing settlement process and lodgement process since its inception, removing the requirement for physical attendance at settlement for legal practitioners in most cases. As a result, we are able to provide immediate notice to our clients once a settlement has been completed, keys are able to be collected immediately thereafter, and funds are generally disbursed between the parties within 30 minutes of settlement being completed.