Settlement refers to the date upon which the transfer of all monies and documents pertaining to the property are exchanged, including the title and thus the ownership of the property to that of the purchaser.

Do I have to attend settlement?

The settlement date negotiated between both parties will be stipulated in the Contract of Sale.  A time for settlement will be arranged prior to settlement by the Conveyancer.  Neither the Vendor or Purchaser are required to attend settlement, as this is the Conveyancer's responsibility.

The vendors and purchasers will be informed once settlement has occurred.