Five Star Settlements

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Welcome to Five Star Settlements!
Interesting facts concerning purchases and first home buyers

What We Do in Property Settlements

A Settlement/Conveyancing agent offers you piece of mind in regards to what maybe one of the biggest purchases in your life – a property, investment or home.

We have your best interests at heart and focus on:

Affordability

Personable, excellent service

Professionalism:  We know that this is one of the biggest and most important transactions you will make.

For The Buyer? 

If contract does not proceed because of finance, building or pest issues, you may terminate the contract with no cost to you!*

You will be required to pay the fees and outlays such as Duties(add link to more info), as well as any balance you are to provide to settle.

Duties Payable

Top 5 Services:

  • Review the contract terms with your instructions prior to you signing.
  • Assist in the finance conditions if applicable.
  • Once contract is unconditional, Five Star Settlements will complete all required searches and provide you with details.
  • Liaise with your financier as required to ensure a smooth settlement.
  • Prepare and submit all Office of State Revenue documents and calculate all duty and lodge your duty

Additional Services: 

  • Provide a summary of the process of buying.
  • Drawing up Private contracts (no Real Estate Agent)
  • Assist in building and pest inspection issues.
  • We liaise with the seller’s Conveyancer in preparation for settlement as required.
  • Prepare the transfer of land document and check their execution is correct.
  • Five Star Settlements will arrange and co-ordinate settlement with your bank and the seller and ensure seller’s bank release is available and correct at settlement.
  • We calculate the amount required to pay for the property – including calculation of all required payments.
  • Attend at your bank or the seller’s bank or solicitor on settlement and check that you get a free and clear Title.
  • Provide settlement statement of payment of purchase monies.
  • Store your file for 7 years as required by legal authorities.

 * Conditions apply. For more information Contact Us

For The Seller?

  • Selling fee is calculated according to the price of your property to be sold. Therefore – no settlement =no charge*. Our services are performed according to due dates. 
  • Top 5 Services:
  • Review the contract – checking that all details are correct. 
  • Ensure compliance with contract terms by the buyer and ensure that conditions.
  • Check on buyer’s finance.
  • Arrange settlement with your Bank.
  • Attend settlement and ensure correct distribution of monies and the Release of your Mortgage.
Additional Services:
  • Provide advice prior to signing of the contract (no extra charge)*.
  • Drawing up private contracts (no Real Estate Agent)
  • Arrange signature and witnessing of conveyance documents.
  • Contact you about the details of your mortgage.
  • Double check all settlement figures based on the buyers searches to ensure that you receive the correct settlement adjustments.
  • Check and assist in building and pest issues.
  • Investigate rates and charges in regards to relevant Council.
  • Facilitate the exchange of legal conveyance documents.
  • Provision of final settlement statements.
  • Arrange signature of the Mortgage Release.
  • Store files for seven years as required by legal authorities.

 * Conditions apply. For more information Contact Us

More information about the role of a Settlement Agent or Conveyancer – see Department of Commerce Western Australia