The Queensland Titles Registry has announced that, from 1 October 2019, paper certificates of title (paper CTs) will be discontinued and will no longer have any legal effect. Although there are currently paper CTs in existence for only about 11% of titles in Queensland, they can still cause a lot of headaches for owners who don’t know that they have been issued, don’t know where they are, or the CTs have been destroyed, lost or stolen.
If you own a property where a paper CT has been issued, and a transaction needs to be lodged over the title before 1 October, you should be aware of the changes and the deadlines. Any relevant transactions lodged with the Titles Registry before that date will still need the paper CT to be deposited or dispensed with for the transaction to be registered.
After 1 October, transactions can be lodged without producing the paper CT. Paper CTs will cease to have any legal effect and will only have historic or sentimental value. Anyone who is wanting to apply for a paper CT must do so before 30 September 2019.
If a paper CT has been destroyed, lost, or stolen and you need to lodge a request to dispense with the production of a CT before 1 October, you should know that, if the request is requisitioned, the requisition period will be much shorter than usual.
If you don’t know if a paper CT has been issued for your property, a title search will provide that information and our Property and Real Estate team can assist.
Individual liability limited by a scheme approved under professional standards legislation (personal injury work exempted).