Buying guide
What happens on settlement day?
What to expect.
AI summary
On settlement day, several key events finalize your property purchase. Before the day, ensure you've completed a pre-settlement inspection.
On the day itself, your lawyer transfers the final payment to the seller's lawyer. Once funds clear, you'll collect the keys. Lawyers also handle the official transfer of the property title into your name. While you can move in immediately, it's wise to plan for the next day in case of delays from banks or other minor issues.
Your settlement day checklist
1. The balance is paid.
2. The key handover
3. The document handover
Your lawyer will have an important role to play on settlement day.
Is settlement date the day you move in?
What could go wrong on settlement day?
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