Verification of Identity (
VOI) is an important
safeguard in property transactions, providing certainty about the
identity of parties and aiming to prevent fraudulent dealings.
Traditionally, this process has taken place via face-to-face
meetings; however, given technological advancements and
requirements resulting from the COVID-19 pandemic, verifying a
party s identity virtually is becoming more common.
With the recent introduction of Australia s e-conveyancing
system, VOI has never been more important for protecting parties in
property transactions. However, the move towards digitising VOI has
added a new layer of both complexity and risk, especially with the
onus resting with legal practitioners and conveyancers to take