Final settlement

Final Inspection & Final Settlement

  • The solicitor and the financier, complete the settlement process and will notify us, once settlement has occurred

  • On this day, the ownership of the property will change

  • On this day, the seller should cancel the insurance on the property

  • The agency pays the deposit amount held to the seller minus the commission and minus other authorised deductions to the sellers bank account

  • In case the property is tenanted we must provide the tenancy agreement to the buyer and a notice to each tenant advising of the sale