Planning for settlement day when selling

There are a number of things you need to do before settlement day to make sure everything runs smoothly.

Summary of important things to know
  • You must make the property available to the buyer for a pre-settlement inspection, unless the property is being sold with a tenancy in place. Your agent will help the buyer arrange this.

  • You must ensure there are no outstanding charges on the property and that all chattels are owned by you.

  • Your property must be vacant on settlement date – unless you have a tenant and the buyer has agreed they can stay on. This will be stated in the sale and purchase agreement.

  • Property settlement is largely a legal process. Your lawyer or conveyancer will help you.

  • The information on this page may not cover everything you need to know. You should always get advice from your own lawyer or conveyancer.


IMAGE: Inspection

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