Buying guide
What happens on settlement day?
What to expect.
AI summary
Settlement day is the final step in buying a home, where your lawyer transfers the final payment and the property title is officially put in your name. You can then collect the keys.
Beforehand, complete a pre-settlement inspection to ensure the property's condition is as agreed.
It's wise to plan your move for the day after settlement. This avoids stress from potential delays caused by slow bank processing or last-minute property issues.
Your settlement day checklist
1. The balance is paid.
2. The key handover
3. The document handover
Your lawyer will have an important role to play on settlement day.
Is settlement date the day you move in?
What could go wrong on settlement day?
Author
Discover More
Coast to Coast founder went for a walk one morning in his pyjamas. He came home having bought a house
Robin Judkins bought a rundown Sumner home on a whim and transformed it into a creative retreat.
Four ovens, multiple fridges and a 13-metre wall: Inside NZ’s best new kitchen
Explore NZ’s award-winning Te Arai kitchen, with a sculptural island and 13m wall of oak joinery.
Search
Other articles you might like
