Settlement | Classic Conveyancing Company

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Settlement

Terms you should know: Caveat Certificate of Title Cooling Off Period Deposit Deposit Bond Easement Encumbrance Exchange of Contracts Final Inspection Finance or Home Loan First Home Owners Stamp Duty Concessions Fittings Fixtures Insurance Joint Ownership Land Tax Restrictive Covenant Right of Way Settlement Stamp Duty Strata Title Torrens Title Valuation

This is the day on which all monies are handed over in exchange for the title deeds and the day on which possession of the property is given to the purchaser; i.e. they can collect the keys from usually the real estate agent.