SA Settlement Timeline

South Australia Settlement Deadlines:
Exchange to Keys

South Australia has the shortest cooling-off period at 2 business days, starting after the vendor serves the Form 1 Vendor Statement. Settlement periods are negotiated in each contract with no statutory default. The shorter cooling-off window means purchasers must move quickly on due diligence.

42Day Settlement
2Day Cooling-Off
47Steps Mapped
Key documentForm 1 Vendor Statement
Cooling-off period2 business days after Form 1 service
Withdrawal penaltyvaries by contract
PEXAAvailable for electronic settlement

Related Resources

47-Step Settlement Playbook →Why settlements fall over in Australia →Victoria settlement timeline →New South Wales settlement timeline →Queensland settlement timeline →