On settlement day, this is when the monies and transfer documentation will be completed by your solicitor.

Your solicitor and the vendor’s solicitor will send formal written notification to the agency to advise of a successful settlement.

Once the agency receives both the seller and the purchaser’s solicitor settlement authorities, the agency is then legally allowed to release the property keys to you.  Possession of the property usually takes place on the settlement day, although the seller and buyer can agree for these dates to be different.

Within a few days of settlement, your solicitor or financier will register the necessary documentation and mortgage transfer with the Land Titles Registry Office.

It is paramount to note that Kate Storey Realty is not a financial adviser. You should seek independent legal, financial, taxation, or other advice to check how our website information relates to your unique circumstances. Kate Storey Realty is not liable for any loss caused, whether due to negligence or otherwise, arising from the use of, or reliance on, the information provided directly or indirectly, by use of this website.