Can I move into the property before settlement?
Yes, although only if the property has been vacated and the Vendor agrees to let you do so. Here’s how: If both parties are agreeable, a Licence Agreement is entered in to from the day of [...]
How do I get the keys to my property after settlement?
Keys are usually collected from the agent after settlement. The agent will only hand over the keys to you once they have received written authority from the vendor’s representatives that [...]
Who is responsible for payment of the rates?
The vendor is obliged to pay the rates on the property up until the date of settlement. To adjust rates as to the date of settlement, any amount outstanding for rates is deducted from money paid [...]
Should I bother doing a final inspection?
Absolutely! You are entitled to conduct a final inspection of the property in the week before settlement. You can arrange this inspection with the agent. The purpose of the inspection is to [...]
I have just signed a Contract to purchase a property, should I insure it?
Yes! Once you sign a contract for sale, you will have an insurable interest in the property you are purchasing. We therefore recommend you take out insurance to ensure that the property is [...]