Steps in the Transfer Process

1. Instruction Received: The Transferring Attorney receives the transfer instruction.
2. Documents Requested: The Parties complete and return the necessary FICA and supporting documents to the Transferring Attorney.
3. Documents Received: All the documents have been received by the Transferring Attorney in order for the transfer documents to be drafted.
4. Transfer Documents Signed: The Seller and Purchaser sign the transfer documents.
5. Rates Clearance Figures: The Transferring Attorney requests council figures from the Local Authority.
6. Levy Clearance Figures: The Transferring Attorney requests levy clearance figures from the Managing Agent.
7. Guarantees Received: The Bond Attorney forwards the requested guarantees to the Transferring Attorney.
8. Certificates: The original Electrical Certificate of Compliance is required during the transfer process. A Gas Certificate and Electric Fence Certificate is required if applicable.
9. Lodged at Deeds Office: The transfer documents are lodged at the Deeds Office to be examined by the examiners at the Deeds Office.
10. On Prep at Deeds Office: The transfer documents have been examined by the examiners and are placed on "prep".
11. Registered: The property is registered into the new owner's name.
12. Keys Handed Over: Arrangements are made between the parties for the keys to be handed over to the new owner/s.

The entire process normally takes 8-12 weeks, but can take longer due to delays experienced from the different parties involved in the transfer.