The settlement date is usually listed on the contract of sale and this period varies by state and territory. This is important because there are different penalties if you do not settled by the agreed date, so make sure you check this before exchanging contracts. When the agreed settlement date arrives, you can pick up the keys to your new place!
When does settlement take place after I put a deposit down?
For many Australians, owning a property of their own is one of the most life-changing events on a bucket list, but when exactly is the...Read more