So it may feel like a long time coming, you have spent months looking for your dream home which you found. You signed the contract with the help of your conveyancer and received your form 1 with all the details about your new home. Now it is getting close to settlement time and you are wondering where to from here, how does this work and when do I get the keys so we can move in and start making those memories.
At settlement documents will be lodged with the LTO, mortgages will be released and others will be registered on the property for the new owners. Your conveyancer will take care of all of this for you and will pay out any outstanding charges, rates and taxes on your behalf if you are the vendor or if you are the purchaser you will be notified that settlement has now taken place and you will be able to receive the keys from the agent and start your new life in your Dream Home.