1. Conveyancer instructed, initial letter sent, deed search performed and FICA documents requested
2. Purchaser applies for a bond from financial institution.
3. The original title deed, cancellation figures, rates clearance figures and levy figures are requested.
4. Guarantee request is sent to the bond attorney.
5. Documents drafted and parties requested to come and sign.
6. Seller to pay:
- Cancellation attorney
- Rates & taxes
- Pro-rata levies
- COC, Gas or Electric Fence Certificates (if applicable)
7. Purchaser to pay:
- Transfer attorney costs
- Transfer duty
- Bond attorney costs
8. Attorney receives:
- Guarantee
- Transfer duty receipt
- Clearance certificate
- Levy certificate
- COC and relevant compliance certificates
9. Confirm if all conditions of sale have been met.
10. Lodgement is arranged with simultaneous transfer
11. Registration of transfer (8 – 12 working days later)