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Membership
of AICWA consists currently (as at May 2005) of 205 Associate Members
(licensed settlement agents) 28 Affiliate Members, 52 Corporate
Members, 5 Life Members and 18 Student Members.
The
services we supply to Members include:
- Seminars
& Educational Workshops
- Representation
on Industry Sub-Committees
- Information
on relevant topics through bulletins and newsletters
- Assistance
in resolving complaints and disputes
- Publication
of and updates to the "Conveyancing Guide"
- Bi-annual
State Conference
- Occasional
Social Functions
AICWA
consults regularly with organisations such as the Department of Land
Information, State Revenue Department, Department of Consumer and
Employment Protection, Settlement Agents Supervisory Board and various
financial institutions to ensure that the interests of its Members are
considered concerning relevant issues.
In addition
to local events, Members receive advance notice of National
Conferences. AICWA hosted the National Conference in Perth in 1998. In
October 2003, the National Conference will be held at the Twin Waters
resort on the Sunshine Coast, Queensland, hosted by NSW Division. The
2005 National Conference was held at the Stamford Grand, Glenelg, South
Australia 11-13 March and the 2007 National Conference is in the
planning stage.
For more
information about up-coming functions visit our "Events" page.
***
HISTORICAL REVIEW, IN BRIEF ***
A
CELEBRATION OF THE PROCLAMATION OF THE "SETTLEMENT AGENTS ACT OF 1981"
Property
settlements were traditionally conducted by law firms, real estate
agents and banks. All representatives of the parties in each
transaction would meet at the Land Titles Office, who checked all
documents before registration.
In 1967 the
first settlement agency started with Documentary Services (Ken McKenzie
and Doug McKenna).
By 1970
others, namely City Settlements (John Michelle), Statewide Settlements
(Gary Hoare), Steen Settlements (June Steen - the first female
settlement agent) and Realty Settlements (Greg Holmes) were
established. These people (and others) saw the need for an Association
of Settlement Agents to 'gel ' this new industry.
In 1970
changes took place in the operations of the Land Titles Office which
placed greater responsibility for settlement of property transactions
outside the Titles Office.
By 1972 the
industry grew to approximately 30 agencies emerging from independents,
real estate agents and law firms. As more and more agencies started the
Law Society were concerned that there was no legislation governing
Settlement Agents. Test cases were brought against three firms to 'test
the law'. The settlement industry called a meeting which was held at
the Subiaco Football Club and a fighting fund was established to assist
those agencies involved. The settlement industry was under threat as
the Law Society prepared a Bill to be brought before Parliament with
strong controls. This was known as "The Blue Book". WA Independent
Settlement Agents Association was now formalised and lobbied for the
Bill to be cancelled.
Representatives
from all quarters within the industry formed a working party and
prepared "The Red Book" detailing the roll of a settlement agent and
our own draft Bill was prepared by a sympathetic law firm.
Politicians
were lobbied and the "draft" was presented to the Court Government in
1980, which was distributed widely, resulting in numerous submissions
being received . A working party of five was established to examine the
submissions.
On 14th
April 1981 the Settlement Agents Bill was introduced to Parliament by
the Chief Secretary Mr Bill Hassell and following due process, was
accepted and therein named the "Settlement Agents Act of 1981". The
Bill was proclaimed on 1st November, 1982.
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