Published by RG Settlements. Our Victoria Park team provides property settlement and conveyancing services for buyers, sellers and property owners across Perth and Western Australia.
Archive note: This article was originally published on the date shown. Rules, eligibility criteria and market conditions may have changed; confirm current requirements before acting.
Property settlement is the final and most crucial step in the buying or selling process. At RG Settlements, we guide buyers and sellers through every stage, ensuring a seamless transaction.
Key Stages of Property Settlement
1. Contract of Sale: Offer & Acceptance (O & A) and General Conditions
- In Western Australia, the sale contract consists of two parts: the Offer and Acceptance (O & A) and the General Conditions.
- These documents outline essential details, including purchase price, encumbrances, and possession terms.
2. Special Conditions: Tailoring the Agreement
- Buyers and sellers can negotiate special conditions within the O & A.
- These may include finance approval deadlines, repairs, or additional terms specific to the sale.
3. Strata-Titled Properties: Additional Considerations
- Purchasing a strata-titled property requires additional documentation.
- Sellers must give buyers the required strata information before the buyer signs the contract. Use Landgate’s current Precontractual disclosure statement to the buyer and include the required supporting documents; Forms 28 and 29 are superseded terminology.
4. Stamp Duty: Fulfilling Legal Obligations
- Stamp duty must be calculated and paid to the Office of State Revenue before settlement.
- Buyers should budget accordingly, as stamp duty is a significant cost in property transactions.
5. Settlement Agents and Legal Support
- While DIY settlement is an option, engaging a professional settlement agent or solicitor ensures the process is completed correctly.
- Our team at RG Settlements offers expert legal representation, helping you avoid potential pitfalls.
Why Choose RG Settlements for Your Property Settlement?
- Experienced property law professionals handling every aspect of settlement.
- Comprehensive legal support for buyers and sellers.
- Ensuring compliance with all contractual and regulatory requirements.
Ready to navigate property settlement with confidence? Contact RG Settlements today for expert legal assistance.
Strata disclosure information corrected 7 September 2026. Source: Landgate — resources for strata sellers.
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