Buying guide
What happens on settlement day?
What to expect.
AI summary
On settlement day, several key events finalize your property purchase. After completing a pre-settlement inspection, your lawyer transfers the final payment to the seller's lawyer. Once funds clear, you collect the keys.
Behind the scenes, the property title is officially transferred to you. While you can move in immediately, it’s wise to plan for the day after to avoid stress from potential delays like slow bank processing or last-minute property issues, ensuring a smoother transition.
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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