|Posted on 25 June, 2015 at 1:25|
Settlement is the official process conducted between the legal and financial representatives of both you and the seller.
Settlement day happens on a time and place agreed upon by both parties. Your settlement agent (solicitor or conveyancer) and your lender meet the seller’s representatives. Once all documents are signed by both parties, they are sent to the titles office to register you as the new owner of the property.