What is PEXA? Property Exchange Australia explained.

What is PEXA? Property Exchange Australia explained.

PEXA stands for Property Exchange Australia. It is a property settlement platform or online ‘workspace’ that removes the need to physically attend a settlement. Land Registries, financial institutions, legal practitioners and conveyancers transact together online (share information, view documents and see the progress of the transaction) and perform lodgement right through to settlement from the comfort of their desks. All transactions that can be conducted on Pexa must occur on Pexa. The Pexa Key is a new settlement app for buyers and sellers. If offers high-level settlement tracking and importantly, a secure way to communicate bank account details. This removes the vulnerability risks associated with email. Please contact us for further information. You can download the Pexa Key app to your phone via Samsung Play Store or the Apple App Store.