Conveyancing Timeline

Property transactions in New South Wales follow a clear legal process from start to finish. Understanding what happens at each stage and when, helps you feel informed and in control throughout what can otherwise feel like an uncertain period.

This page outlines the conveyancing timeline for buyers and sellers, which can be used as a general guide only. Every property transaction is unique and timelines can vary depending on a range of factors including but not limited to individual circumstances, finance approval, contract conditions and settlement requirements. However, the below timeline reflects the process for most standard conveyancing transactions in NSW.

Conveyancing Timeline – Purchasing a Property

Before You Make an Offer (Pre-Exchange)

  • Obtain finance pre-approval
  • Research the property and local area
  • Engage a conveyancer
  • Review the Contract of Sale

Offer Accepted (Post Exchange)

  • Sign the Contract of Sale (speak to your conveyancer first)
  • Pay the initial deposit
  • Cooling-off period begins (if applicable)
  • Conveyancer negotiates the contract terms and conditions on your behalf
  • Finance application formally submitted
  • Arrange building, pest and strata inspections
  • Contract terms and conditions finalised
  • Settlement date confirmed
  • Building, pest or strata reports reviewed
  • Finance formally approved

During the Conveyancing Process (Post Cooling Off)

  • Property searches and enquiries conducted
  • Mortgage documents issued and signed
  • All government-required documentation submitted
  • Conveyancer to liaise with all parties to coordinate settlement

Before Settlement

  • Final inspection of the property completed
  • Settlement figures adjusted and confirmed
  • Balance of funds arranged
  • Lender prepares for settlement
  • All legal documents checked and finalised

Settlement Day

  • Settlement completed between parties
  • Property ownership officially transferred
  • Keys released to purchaser
  • Stamp duty and registration processed

After Settlement

  • Confirmation of settlement
  • Title registration completed
  • Move into your new property

Conveyancing Timeline – Sale of a Property

Before Listing Your Property (Pre-Exchange)

  • Engage a conveyancer
  • Provide them with your instructions
  • Obtain and prepare the Contract of Sale
  • Review title details and property information
  • Organise any required compliance certificates
  • Discuss your proposed settlement timeframe

Once You Accept an Offer (Post Exchange)

  • Sign the Contract of Sale
  • Buyer pays the initial deposit
  • Contracts are exchanged
  • Cooling-off period commences (if applicable)
  • Settlement date confirmed

During the Conveyancing Process (Post Cooling Off)

  • Respond to buyer enquiries and requests
  • Provide any required documents or certificates
  • Liaise with your lender regarding mortgage discharge (if applicable)
  • Sign relevant documents sent to you by your conveyancer
  • Arrange moving plans and utility disconnections

Before Settlement

  • Ensure all inclusions remain at the property
  • Complete agreed repairs or obligations (if applicable)
  • Finalise mortgage payout figures
  • Confirm settlement adjustments
  • Prepare keys and access devices for handover

Settlement Day

  • Settlement completed
  • Mortgage discharged (if applicable)
  • Ownership officially transferred to the buyer
  • Sale proceeds released
  • Keys handed over to the purchaser

After Settlement

  • Cancel or transfer utilities and services
  • Redirect mail and update address details
  • Keep copies of settlement documents for your records