We often advise on the benefits of settlement. Initial costs of settlement may seem high in the scheme of day-to-day expenses. However, these costs are dwarfed in comparison to the costs of litigation. With a separation, when looking to settle what exactly are the costs associated with settlement? A large portion of your costs will be associated with the drafting of a relationship property agreement. This agreement will provide a background of the relationship and separation.

The pre-settlement inspection is to ensure that the purchaser can inspect and be satisfied with the condition of the property before it formally transfers hands. Give at least two days before settlement date for a pre-settlement inspection to be completed. This is normally done via contacting the real estate agent or vendor. It is often helpful to bring a copy of the sale and purchase agreement with you to the inspection so you can refer to any conditions that might make a di