FAQs

What happens after settlement?

If you are the buyer

Congratulations!

Contact the real estate agent to collect the keys.

If the seller lived in the property, you can collect the keys from 12 noon on the day after settlement. If the seller didn’t live in the property, you can collect the keys immediately.

We’ll send you a final settlement statement that sets out the disbursement of funds at settlement.

If you are the seller

Congratulations!

Contact your real estate agent to arrange to hand over the keys. If you lived in the property, you have until 12 noon on the day after settlement to move out and give the keys to the buyer. If you didn’t live in the property, you must give the keys to the buyer immediately.

We’ll send you a final settlement statement that sets out the disbursement of funds at settlement.

More FAQs
FAQ
If there is a mortgage registered on the title of the property you are selling, you are responsible for discharging the mortgage at settlement……
FAQ
If you are selling new residential premises or new residential land you must give the Buyer a notice advising whether GST is applicable to……
FAQ
Now that you have signed your contract, you will need to appoint a settlement representative to act on your behalf. A settlement agent’s primary……