What is PEXA?
PEXA is an online platform where conveyancers, lawyers and banks complete settlement together. Documents are signed digitally, funds move electronically and the transfer is lodged with the land registry straight away.
What happens on settlement day
- Your conveyancer confirms final figures and adjustments in the workspace
- Banks and representatives sign off before the booked settlement time
- Funds transfer and the title is lodged electronically
- The seller's agent is notified and releases the keys
What it costs
An electronic settlement fee is charged per transaction. It is a disbursement and appears itemised on your quote and settlement statement.
Tips for a smooth settlement
- Return identity verification and signed authorities early
- Keep in touch with your lender about loan approval
- Don't book removalists for early morning — settlement times vary
- Watch for scam emails: always confirm bank details by phone
Useful tools: our fees · instant quote · Section 32 guide
Common questions
Do I need to attend settlement?
No. Your conveyancer handles settlement online and lets you know when it's complete.
How long does settlement take?
The electronic exchange itself takes minutes once all parties have signed.
Sources
- PEXA — How electronic settlement works
- Titles Queensland — eConveyancing
- Australian Registrars' National Electronic Conveyancing Council
General information only, not legal advice. Checked 13 October 2026.