Once settlement takes place, your conveyancer will contact you to confirm. Written notification is also provided to the real estate agent authorising any funds they are holding as the deposit to be paid to you and for keys to be provided to the purchaser.
Where the settlement takes place electronically via PEXA, any net sale proceeds will be paid into your nominated account and are generally cleared the same day.
The purchasers are responsible for ensuring appropriate notices are provided to relevant rating authorities.
