A future for electronic handling of real estate transactions

Recently, the section Geo-information and Land Policy (Faculty of Architecture, TU Delft) and the University of Leiden joined hands in research into the state of digitalisation of land registers and public records in EU countries. The Centre for Safety and Security of the Strategic Alliance Leiden-Delft-Erasmus, a three university cooperation, has been awarded a grant for this project in 2015. Digitalisation of land register systems and public records makes a full electronic handling of real estate transactions possible. This ‘e-conveyancing’ offers promising prospects for the facilitation of a cross-border property market. Besides advantages like cost savings and accelerating the legal transactions of registered property, there are also risks involved such as fraud, which should be minimised. Currently, the status of e-conveyancing within the EU is being inventoried as well as the issues of cyber security. The second phase will have an in depth character, thus forming a basis for further working out a doctoral research.

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