Licensed Conveyancers - PI Insurance Problems

OPINION by Peter Mericka B.A., LL.B Real Estate Lawyer Qualified Practising Conveyancer Victoria Director Lawyers Real Estate Pty Ltd Professional indemnity insurance for licensed conveyancers is a high-risk problem. The licensing of conveyancers under the Victorian Conveyancers Act 2006 was expected to safeguard consumers by requiring all licensed conveyancers to have professional indemnity insurance cover. However, the requirement for professional indemnity insurance has had the reverse effect...(read more)

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[Source: Australian Real Estate Blog]