For Sellers
Services
A settlement agent when acting for the Vendor ensures all Conditions of the Offer to Purchase Contract are properly fulfilled.
- Advises effect of General Conditions on settlement process.
- Undertakes a Title Search of the property to ascertain any restriction or mortgages on the property which need to be removed at settlement.
- Liaises with discharging mortgagee to ensure payment of any money owing under any mortgage or charge on the property.
- Prepares a Settlement Statement.
- Ensures Rates and Taxes are adjusted.
- Ensures payment of Real Estate Agent.
- Arranges and attends the settlement meeting.
- Collect the proper settlement proceeds and disburses funds in accordance with seller’s instructions.