rates

Calculating the Settlement Amount – Water and Sewerage Charges:

Calculating the Settlement Amount – Water and Sewerage Charges:

Continuing on with our look at calculating the settlement amount as part of the conveyancing process, we’ll now take a look at the water and sewerage charges and water usage charges for the Gold Coast City Council area.

Calculating Rates Adjustments – Brisbane City Council:

Calculating Rates Adjustments – Brisbane City Council:

As part of the conveyancing process your solicitor will calculate a settlement amount, which is the amount the buyer must pay for the property at settlement, taking into account adjustments for things such as, rates, water charges and body corporate fees. Your solicitor will provide you with a settlement statement prior to settlement that details how the settlement amount has been calculated.