Abstract:
The Land Transfer Act 2017 (LTA 2017) was passed on 10 July 2017 and is expected to come into force in late 2018. The Act will replace the Land Transfer Act 1952 (LTA 1952) and its amendments. The Act will also revoke the Land Transfer Regulations 2002 and orders relating to the LTA 1952. New regulations are forthcoming and new orders, standards and directives will follow. With the exception of the Property Law Act 2007 (PLA 2007), other statutes tend to be affected by changes in terminology only. In this legislation note, I explain the reform process and introduce some of the changes. Part II outlines the reform process. Part III canvasses the changes relating to indefeasibility of title. Part IV notes other changes and proposals for change that were not adopted. I conclude that the LTA 2017 sets a stable legislative foundation for updates to the land transfer system, including the project to replace Landonline.