Its official, the Certificate of Title is now extinct in Queensland. Until last month, Certificates of Title for property were highly prized possessions. Carefully stashed away in safes or held by banks while home owners paid down mortgages, they were proof of ownership of our homes and other properties. Now, they are simply interesting historical documents often giving an insight into the life of a property and its owners with stamps and ornate calligraphy adorning them.
The Titles Office in Queensland is now operating an electronic title system following an amendment to the Land Title Act 1994 (Qld) earlier this year which can into force from 1 October 2019.
So if you have a paper title, dust it off from the safe and frame it or fling it in the bin! The choice is yours.