THE IMPORTANCE OF CHOOSING A SETTLEMENT AGENT PERTH
Conveyancing is a complex and time consuming business with many traps for the unwary. Choose your Settlement Agent as you would choose your Accountant, Doctor, Banker, Surgeon or any other professional that you require to look after your individual needs.
A Settlement Agent is a trained and qualified professional who holds a licence under the Settlement Agents Act 1981 and is engaged to facilitate the transfer of legal ownership. This process is known as conveyancing.
In order to carry on business as a Settlement Agent in Western Australia there is a requirement to be licensed and hold a current triennial certificate granted by Department of Commerce. The licensing system administered ensures only suitably qualified people are allowed to operate in the settlement industry.
To be granted a licence, there is a requirement to have met certain qualifications, experience, sufficient material and financial resources and be a person of good character and repute. The licensing framework also includes holding professional indemnity insurance and participate in continuing (annual) Compulsory Professional Development Program.
The CPD program is designed to increase the knowledge, skills and professionalism within the settlement industry. It ensures that Settlement Agents are operating in line with the most up to date information and practices. The aim of the program is to increase Consumer Protection and promote consumer confidence in the settlement industry.
You have a choice in the delivery of conveyancing services and there are benefits to be reaped by choosing a specialist.