GetThe
Settlement Preparation
Checklist

Why Settlement Preparation Matters

Settlement is the final stretch before moving into your new home — and it’s heavy on paperwork and deadlines. Getting organised at this stage ensures a smooth handover of ownership and prevents stressful delays. A clear checklist helps you stay on top of what needs to be done and when.

What Happens Between Signing and Settlement Day

• Lawyer – Prepares and reviews legal documents, ensures rates and levies are up to date, and handles the transfer of title.

• Lender – Confirms final loan approval and releases funds to your lawyer.

• Insurance – Must be in place from settlement day; many lenders won’t release funds without proof.

• Final inspection – Usually within 1–2 days before settlement to confirm the property is in agreed condition.

• Settlement day – Funds are transferred, documents lodged, and keys handed over.

Pitfalls to Avoid

Even small oversights can cause major headaches at this stage. Watch out for:

• Insurance not set up – Without it, the lender may refuse to release funds.

• Forgetting the final inspection – Risk of discovering damage or issues after it’s too late.

• Missing paperwork – Delays in signatures or transfers can stall the whole process.

• Unpaid rates or utilities – Can create unexpected last-minute costs.

👉 Next Step

Once settlement is complete, it’s time to enjoy the milestone of moving in and setting up your new home. Use our checklist to make the transition stress-free.