Conveyancer's Licence - Corporation - New South Wales

Description

A corporation will require this licence to carry on a conveyancing business where conveyancing work is undertaken for fee or reward. Conveyancing work is legal work carried out in connection with any transaction that creates, varies, transfers or extinguishes a legal or equitable interest in any real or personal property (for example, the sale or lease of land, sale of a business or grant of a mortgage). A full definition of conveyancing work is contained in legislation.

Note, this licence does not apply to the conduct of a conveyancing business by an incorporated legal practice or solicitor corporation (if the conveyancing business is carried on its behalf by an Australian legal practitioner).

Service type

Licence

A licence defines the need to obtain recognition / certification and registration to undertake a certain business activity.

Eligibility requirements

To be eligible for this licence:

  • each director must be a fit and proper person to hold a licence
  • no director or officer of the corporation is to be a disqualified person
  • the corporation must be fit and proper to hold a licence
  • the corporation must not be disqualified under the Act
  • at least one of the directors of the corporation must hold an individual conveyancer's licence
  • the corporation must be covered by an approved professional indemnity insurance policy.

Information on the currently approved Professional Indemnity Insurance Policy can be found in the Conveyancers Licensing Order 2006.

Duration

One, three or five years

Fees

Fees Details for this service in table format.

Task Type Business Structure Amount Description
Apply Application All $552.00 One year ($529 if lodged online)
Apply Application All $1201.00

Three years ($1178 if lodged online)

Apply Application All $1850.00

Five years ($1827 if lodged online)

Renew Renewal All $398.00

One year ($391 if lodged online)

Renew Renewal All $1047.00

Three years ($1040 if lodged online)

Renew Renewal All $1696.00

Five years ($1689 if lodged online)

Act(s) name

Conveyancers Licensing Act 2003 New South Wales

Regulation(s) name

Conveyancers Licensing Regulation 2015 New South Wales

Approval time

Please allow at least eight weeks for your application to be processed

Administering agency

Department of Customer Service

NSW Fair Trading

Contact details

Contact Email, Phone and Address Details for this service in simple two column table format, header then data.

Please use these contact details for help or more information:

Property Licensing

NSW Fair Trading

Department of Customer Service

New South Wales
Mailing address: Locked Bag 5104
Parramatta
New South Wales 2124
Phone: 13 32 20
Phone: 02 9619 8799
Email: PropertyLicensing@customerservice.nsw.gov.au
Website: NSW Fair Trading (Opens in new window)