Where is the best place to store your title deed/certificate of title?

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Boshy888
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@boshy888
Join Date: 2007
Post Count: 154
November 19, 2015 - 10:43 am
I am not sure where the best place is to store a title deed/certificate of title to a property. Bank? Solicitor? Home? Thanks in advance.
Richard Taylor
Participant
@qlds007
Join Date: 2003
Post Count: 12,024
November 19, 2015 - 12:24 pm
If you are talking about a physical Title Deed itself then maybe consider a Bank safety deposit box.
More and more States are going down the electronic route so hopefully won’t be an issue much longer.
Cheers
Yours in Finance
0-40 Properties in a decade. Ask me how.
Richard Taylor | Australia's leading private lender
Boshy888
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@boshy888
Join Date: 2007
Post Count: 154
November 19, 2015 - 10:32 pm
Thanks Richard. Its with a solicitor and I am not sure if that is secure enough.
DeanCollins
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@deancollins
Join Date: 2015
Post Count: 376
November 20, 2015 - 3:27 am
Do you have a scanned digital copy you can email to yourself? eg as a backup?
Terryw
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@terryw
Join Date: 2001
Post Count: 16,213
November 20, 2015 - 2:01 pm
Boshy888 wrote:
Thanks Richard. Its with a solicitor and I am not sure if that is secure enough.
Solicitor rules mean it must be locked up in a safe. You would also be covered by the solicitor’s insurance.
So it would be pretty safe.
Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
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