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In New South Wales Which of the Following Statements Is

Question 13

Multiple Choice

In New South Wales which of the following statements is not true in relation to the settlement stage of the conveyancing process?


A) The purchaser pays the balance of the purchase price plus any other fees,including the agent's commission,if there is an agent.
B) The vendor hands over the certificate of title,the transfer and the keys to the property.
C) The purchaser hands over an 'order on the agent' that authorises the vendor's agent to pay the deposit to the vendor.
D) If there is a mortgage the vendor pays any outstanding moneys owing and the purchaser recovers the certificate of title.

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