New Conveyancing Regime

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On 11 April 2011, the Minister for Law, Mr K Shanmugam, had announced in Parliament new measures to regulate conveyancing transactions and the receipt, holding and distribution of conveyancing money. These measures, which will come into operation on 1 August 2011, seek to provide greater protection for the public and, at the same time, balance the commercial needs of the conveyancing market.

Information Pamphlet for Buyers/Sellers
A pamphlet which summarises the key impacts
of the new measures on buyers and sellers of properties can be found here.

For details of the new measures, refer to www.conveyancing.sg and the Singapore  Academy of Law’s website.

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