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In WA, which of the following searches would a settlement agent typically conduct prior to settlement?

Correct Answer

A) A Landgate title search plus local government and water rates searches

A WA settlement agent conducts multiple pre-settlement searches including a Landgate title search (to verify ownership and encumbrances), local government rates search, water corporation rates search, and may also check for outstanding land tax and any planning or building issues.

Answer Options
A
A Landgate title search plus local government and water rates searches
B
A Landgate title search only, since rates become the buyer's concern after settlement
C
A building inspection report, which the settlement agent orders for every purchase
D
Credit checks on the buyer and seller to confirm each can complete the transaction

Why This Is the Correct Answer

Before settlement a WA settlement agent searches the title at Landgate and checks council and water rates so that charges can be adjusted and cleared.

Why the Other Options Are Wrong

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Related Topics & Key Terms

Key Terms:

pre-settlement searchesLandgate title searchsettlement agent
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