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What does settlement mean?

Posted 22/4/18

Settlement refers to the actual date ownership is transferred from the previous owner to the purchaser.

This is generally the day that you provide vacant possession of the property and the keys are provided to the buyer of your property. However, if this was your primary place of residence, you are entitled to remain in the property until the following day at 12:00. This is the day to start celebrating and pop the champagne!

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Bailey Devine Real Estate

Bailey Devine Real Estate