Settlement Stages

1. Overview


Get ready – Poolside Terraces are almost complete and below is a summary of the step-by-step process we will guide you through for the upcoming settlement of your property.

Step 1 - Overview of settlement and what to expect

​​We are pleased to share that significant progress has been made since our last update. Construction of the Summerlin Poolside Terraces is nearing completion, marking a major milestone. While there are still steps to be completed after the builder finalises their work, we remain on track for settlements to commence in October.

As we prepare for Title Registration, which is necessary for settlement, it’s time to focus on the preparations needed for a smooth settlement process. Over the coming weeks, you will receive a series of emails detailing the 6-step process leading to settlement and moving into your new home. Please familiarise yourself with the steps below as they outline key actions required up to and post-settlement.

This page outlines the upcoming steps you will need to complete for settlement. We will also send you a series of emails which will guide you as reminders through this process. Please watch out for these important updates.


Step 2 - Book a Valuation Inspection

We will be sending you an email containing information on how your lender can book a valuation inspection appointment. This email should be forwarded to your lender and/or broker promptly.

Whether you are settling with cash or financing, now is the time to liaise with your bank and/or lender. Additionally, consider arranging contents and public liability insurance and, if applicable, a Landlord Protection policy if you plan to rent out your property.

Read More About Step 2


Step 3 – Book a Pre-Settlement Inspection

This step marks an exciting milestone as you prepare to move into your new home or take ownership of your investment. You’ll have the opportunity to book your pre-settlement inspection with a Dennis Family Corporation representative and a builder’s representative. This inspection will focus on a visual review of the property’s final finishes.

Pre-settlement inspections are scheduled to take place during the week starting Monday, 9 September. You will receive an email by the end of this week with instructions to book your inspection appointment. Additional details about what to expect during this appointment will also be included.

 

Read More About Step 3


Step 4 – Preparing for Settlement

The time is approaching for settlement now that plans have been sealed and lodged for Title Registration. Below are some helpful tips and links to assist with preparing to take ownership of your property.

 

Communicate with your solicitor

To assist your solicitor to prepare for settlement, it is timely to communicate with them. They will guide you through all items required by you to be ready for settlement.

 

Plan Sealing & Title Registration

Plans will be submitted to council for sealing, this process typically takes 4-6 weeks. The sealed plans are then submitted to the Department of Natural Resources and Mines for title registration. The title registration process normally takes approximately 5 business days pending the number of submissions the department is handling at the same time.

Once titles are registered our legal team will advise your lawyer and we will call for settlement. The time from our call for settlement and your settlement day is determined by your Contract of Sale. This is generally 14 days.

 

Connecting services and connecting with your community

Now is the time to arrange electricity, phone and NBN connections for your new property. It is also a great time to connect with the Summerlin community page so you are kept up to date with community activities and information for residents.

 

Read More About Step 4


Step 5 - Moving In

The day you receive the keys to your new home is always exciting! However, we advise that you avoid booking a removalist for the proposed settlement date. Settlements often occur late in the day or may face delays beyond our control. Due to insurance and health and safety regulations, keys cannot be provided before settlement is finalised.

 

Read More About Step 5


Step 6 – Information Session - living in a strata titled community

Dennis Family Corporation, in collaboration with Strata Dynamics (Body Corporate Management), invites you to a special information session for new owners. This session will help you understand the responsibilities and benefits of living in a community-titled scheme and give you the opportunity to ask questions.

 

Read More About Step 6


Questions?

Please contact your sales agent if you have any questions regarding your settlement process or refer to the information on this website for all other queries.