This precedent is a letter to the purchaser client enclosing the settlement statement.
This letter is used primarily to provide the purchaser with details of all arrangements made for settlement of the purchase. It is also used to requesting further moneys if these are to be provided directly by the purchaser before completion.
This letter may also be used to report to the purchaser before completion of all searches and enquiries undertaken, and to remind the purchaser of things they need to do before completion.
For a precedent settlement statement, see “Settlement statement – sale of real estate”. For a letter sending the draft settlement statement to the vendor, see “Letter sending draft settlement statement to vendor’s representative”.
This precedent has been authored for Lexis Nexis by Daniela Terruso, Director, Intelmar Pty Limited.
This document is prepared with the assistance of General Editor Christopher Conolly, Partner, TressCox Lawyers and Specialist Editor, Peter Rosier, Principal, Rosier Partners Lawyers.This precedent is current to 20 January 2015.