It is important to know when to pay your settlement fees Your settlement fees are not due until the settlement of your property is completed. The fees are added to the funds that you pay to the seller (if you are buying a property) or subtracted from the proceeds of the sale (if you are …
What is a Settlement Agent? A settlement agent, alternatively known as a conveyancer, is licensed to coordinate and complete all the necessary documentation that you need when you are buying a property or selling a property. Your settlement agent is authorised to complete the settlement of your property (either buying or selling) on your behalf. …
The costs involved in the settlement of your property will differ depending on whether you are: Buying a property Selling a property Or if there are other considerations which may be: Strata property Commercial property Rural property The costs will include: The settlement agents fee for their time Government charges and fees Land tax Adjustments for …
What costs are involved in a property settlement? Read More »