The checklist below is typical for a settlement relating to a residential property:
- Check Contract for Sale has been executed by Buyer and accepted by Seller
- Diarise the settlement date
- Appoint Robertson Hayles Lawyers to act as your Settlement Agent
- If applicable, contact your lender to advise of sale and settlement date and to authorise the discharge of the mortgage
- Sign and return the Settlement Agent authority
- Ensure the Special Conditions, if any in the Contract have been fulfilled
- Ensure that the Discharge of Mortgage documents have been signed and returned to the financial institution, if applicable
- Complete Verification of Identity of all Sellers
- Sign and return the Transfer of Land to the settlement agent
- Removalist arranged
- Final inspection to be conducted by the Buyer at least 5 business days before the settlement date
- Settlement finalised by the due date
- Keys to be provided to the real estate agent for handover. You may hold the keys till 12pm the day following settlement
- Disconnect utilities including gas, electricity, phone and internet. Your Settlement Agent will deal with the council, water, land tax and strata levies on your behalf
- Redirections e.g. mail, paper, lawnmower man.
The settlement process for vacant land, commercial, industrial and strata property will differ slightly.
For all enquiries please contact Robertson Hayles Lawyers on (08) 9325 1700 by email at setts@robertsonhayles.com or via our contact form and we will be happy to assist you.