We have been advised that settlement on our land is due next week. Been new to this I emailed our lawyer to ask what the procedure was and would we need to attend any meetings to sign documents etc. We are putting in a sizable chunk of our own money, the rest is a mortgage. This is what I received by email today:
'We will book settlement with CBA as soon as they are in a position to take a booking (I am expecting Friday this week).
If there is any shortfall not being provided by the bank, I will let you know the amount to be paid by you and I will give you our Trust Account details.
We will then draw the sellers required cheques and hand them over on settlement.
There is no need for you to attend the settlement. We will attend on your behalf and let you know when settlement is finalised.'
Surely we need to be at at least one of these meetings to sign things!
There is nothing else that I need you to do in the meantime