Settlement Clerk

Settlement clerks perform specialised clerical work associated with real estate settlements.

Settlement clerks may perform the following tasks:

  • arrange settlement times to suit all parties involved (vendor, purchaser and financial institution)
  • check the details and title of the property are correct at the Land Titles Office
  • prepare the documents required for settlement, arrange to have them signed, and pay stamp duty
  • attend settlement, making sure that all paperwork is correct
  • collect any outstanding debt, or pay any money owing
  • lodge completed documents at the Land Titles Office, to make sure that the transaction is registered
  • notify the local council and other authorities of any change of ownership and make sure current rates are apportioned and arrears are paid.

Details must be recorded accurately to fulfil the necessary legal requirements. Settlement clerks may have to work long hours to make sure that deadlines are met.

Required Skills - Settlement Clerk

  • good communication skills
  • practical mathematical ability
  • attention to detail

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