Settlement is the date on which the property is transferred, and payment is made to the vendor to complete the sale. All mortgages supporting any money borrowed to pay for the property are registered and the keys are handed to the purchaser, who then becomes the registered proprietor.
After the settlement date there should not have to be any further dealings between the vendor and purchaser. However, for a number of reasons there may be problems.
We embrace diversity and welcome all people, irrespective of culture, faith, sexual orientation and gender identity.
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Legal Services acknowledges Aboriginal people as the Traditional Owners and ongoing occupants of the lands and waters in South Australia and we respect their spiritual, cultural and heritage beliefs. We recognise their continuing connection to land, water and community and pay our deep respect to Elders past and present.
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