📜 Property Law and Electronic Transactions Legislation Amendment (Electronic Mortgages) Bill 2025
Legislative Assembly Second ReadingLABill 443 December 2025
This bill amends the Property Law Act 1969 and the Electronic Transactions Act 2011 to allow electronic signing of mortgagor counterparts for Authorised Deposit-taking Institution (ADI) mortgages lodged electronically, removing the need for a witness.
Impact
Mortgagors and ADIs will be affected. It modernizes conveyancing, expedites mortgage transactions, and aligns WA with other states, making the process more efficient and accessible.
Key Changes
["Allows electronic signing of ADI mortgagor counterparts without a witness.", "Amends the Property Law Act 1969 to exempt electronic ADI mortgagor counterparts from witnessing requirements.", "Amends the Electronic Transactions Act 2011 to expressly permit electronic signing and delivery of ADI mortgagor counterparts."]
Parliamentary Progress
- LA Second Reading MovedLA3 Dec 2025
- LA IntroducedLA3 Dec 2025
- LA Second Reading SpeechLA3 Dec 2025
Affected Sectors
financehousing
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