Land Information moves to the WebBy: Ulrika Hedquist(02/21/06)
Land Information New Zealand (LINZ) is phasing out paper-based
lodgement of land transactions. By 1 July 2008 all survey and land
title transactions are required to be lodged electronically on the
Landonline system. Public counters in all processing centers will
close from the same date.
LINZ says the system is good news for New Zealanders buying,
selling and subdividing property because the automated process will
be efficient and secure, issuing new titles faster.
Electronic lodgement means less paper handling and less manual
processing work required. Over nine years LINZ will make changes to
its processing operations, starting with cutting 112 positions over
the next three years.
LINZ will no longer need five regional processing centers and
expects centers in Auckland, Wellington and Dunedin to be closed in
2015. The centers in Hamilton and Christchurch will remain.
The Landonline system was launched in 2000, and is now processing
around 17,500 title and survey transactions a week.
Brendan Boyle, CEO of LINZ, says that moving to a fully electronic
system is the only way to realize the benefits of Landonline.
Running both a paper and an electronic system is uneconomic, he
says.
The electronic lodgement requirement will be phased in gradually,
starting with discharges on May 1, 2007, transfers and mortgages on
August 1, 2007, survey transactions on September 1, 2007 and all
remaining title transactions on July 1, 2008.
LINZ will provide free training to help surveyors and conveyancers
make the move to the web.
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