The client is no longer required to wet sign a dealing for lodgment with NSW LRS. Electronic documents are signed using a digital signature by the practitioner representing the client or by a party representing themselves (such as a financial institution). Legally this is the same as if an equivalent paper document had been signed.
A practitioner signing on behalf of a client must hold a Client Authorisation form signed by the client. For more information on Client Authorisations, see the NSW Participation Rules (s6.3).
For mortgage documents, the bank signs the mortgage document in an ELNO and certifies that they hold a paper counterpart of the mortgage document that is signed by the customer.
For more information on digital certificates and signing, see What is PEXA in our FAQs .