Completing your Sale

As the seller, you would have set the settlement date within the contract of sale. Settlement usually occurs
30-60 days after the contract has been signed, depending on what has been agreed upon.

The purchaser is entitled to inspect the property at a reasonable time the week prior to settlement, and as the seller, you must hand the property over in the condition in which it was sold.

On settlement the purchaser’s solicitor will exchange the following with your solicitor:

• Monies

• Transfer documentation

• Keys to the property

Within a few days of settlement the purchaser’s solicitor or financier will register the necessary documentation and mortgage transfer with the Land Titles Registry.

Possession of the property usually takes place on the settlement day although you and the buyer can agree for these dates to be different.

The next steps are to ensure you’re well prepared for the move to your new home.