Funds are released once settlement is confirmed at the Lands Titles Office, typically the same day. We bank or deliver your proceeds promptly afterward, along with a full settlement statement and trust account reconciliation so you can see exactly how the final figure was calculated.
Occasionally settlement doesn't happen on the booked day, usually because of the purchaser's finance or a documentation hold-up on either side. If that happens, we liaise directly with your bank and the purchaser's conveyancer on any penalty interest, arrange licence-to-occupy documentation if needed, and rebook and recalculate your settlement figures — you're kept informed at every step, not left to chase updates.
In South Australia, vendors must provide a Form 1 disclosure statement, which sets out key information about the property, the title, and the contract before a buyer signs. We prepare this for you, along with the transfer, discharge of mortgage (if applicable), and settlement statement — you don't need to source or draft any of it yourself.
Before you sign anything or list with an agent, ideally. Engaging us early means your Form 1 (vendor's disclosure statement) and title searches are ready before a buyer makes an offer, which avoids delays once you're under contract and gives you confidence in what you're disclosing.
