Tag: land registry
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Victorian Land Registry Reform: Privatisation raises Homeowners’ Fees
What’s changing and why In 2018, Victoria privatized a key government service: the land registry. The state leased the operation to a private operator, entrusting it with a critical function that records property transactions, ownership changes, and encumbrances. The arrangement was pitched as a way to improve efficiency and service delivery. Now, with rising operating…
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Victoria’s Land Registry Fees Rise as Private Operator Costs Shift to Homeowners
What is driving the fee increase? In 2018, the Victorian government leased the state’s land registry service to a private operator. The arrangement was intended to modernize the registry, improve efficiency, and deliver better service to property buyers and sellers. However, new figures reveal that the lease costs are now being offset by higher fees…
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Victoria privatization sparks higher land registry fees for homeowners
Background: Privatisation and a shift in costs Victoria’s land registry, a key service for property transactions and title verification, was privatized in 2018. The move transferred management from a public agency to a private operator under a long-term lease. While proponents argued privatization would bring efficiencies and better digital services, the cost structure has come…