Electronic Signature and Delivery Requirements for ADI Mortgagor Counterparts
Property Law and Electronic Transactions Legislation Amendment (Electronic Mortgages) Bill 2025
1st House
2nd House
Law
Links to official parliament websites
Effects of this bill
If this bill passes, it means that:
ADI mortgagor counterparts can be in electronic form; they can be signed and delivered electronically.
Electronic signatures now satisfy legal signature requirements for communications under this jurisdiction's laws.
Electronic ADI mortgagor counterparts are exempt from specific Property Law Act signing requirements.
Electronic Transactions Act rules for transactions now apply to ADI mortgagor counterparts.
Signatures for a single document no longer need to appear on the same copy.