Buyer Check List
The checklist below is typical for a settlement relating to a residential property: –
- Check Contract for Sale has been accepted and executed by the Seller
- Appoint Robertson Hayles Lawyers to act as your Settlement Agent
- Pay the deposit to the real estate agent by the due date in the contract
- If required, finance to be approved by the due date in the contract
- Sign and return the Settlement Agent authority
- Special Conditions, if any, for example building and /or termite inspections to be arranged and completed by the due date in the contract
- If applicable, mortgage documents to be signed and returned to financial institution
- Sign and return transfer of land to the settlement agent
- Pay required stamp duty
- Insurance for the property arranged
- Removalist arranged
- Final inspection to be arranged with the real estate agent at least 5 business days before the settlement date
- Settlement finalised by the due date
- Keys obtained from the real estate agent. The Seller may hold the keys till 12pm on the day after the settlement date
- Connect utilities including Gas, Electricity, Phone and Internet. Your Settlement Agent will deal with 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 assistance in property settlements, please contact us.