Seller's Guide
Bond Cancellation
If your property is bonded, the bond must be cancelled as part of the transfer process. This is managed by a cancellation attorney. Process Cancellation a…
Bond Cancellation
If your property is bonded, the bond must be cancelled as part of the transfer process. This is managed by a cancellation attorney.
Process
- Cancellation attorney appointed (often by the bank)
- Outstanding bond balance settled from sale proceeds
- Cancellation figures obtained from the bank
- Cancellation documents lodged at Deeds Office
Bond cancellation costs are typically borne by the seller.
This guide is for general information only and does not constitute legal advice.