COMMERCIAL PROPERTY SETTLEMENT SERVICES

No — Bay Vista Settlements specialises in commercial property settlements only. This means we handle the transfer of ownership for commercial real estate, such as offices, warehouses, and retail premises. If you are buying or selling a business itself (goodwill, stock, licences, etc.), you will need a lawyer or business broker to assist with that process.

Commercial property transactions can be more complex than residential ones, with larger contracts, multiple parties, and stricter compliance requirements. A licensed settlement agent ensures all documents are prepared correctly, deadlines are met, and your interests are protected throughout the process. By appointing a settlement agent, you can be confident your property transfer is handled properly and on time.

Commercial property settlements are generally more complex than residential settlement transactions. In addition to the standard checks and legal requirements, commercial settlements often involve reviewing leases and tenant agreements, confirming zoning and planning approvals, and handling larger financial adjustments such as land tax and outgoings. These extra steps are crucial to protect your investment and ensure compliance with WA property laws. We manage these complexities on your behalf, so you can be confident the process is accurate, thorough, and completed on time.

It’s best to appoint a settlement agent as soon as your Offer and Acceptance or commercial contract is signed. Early appointment allows us to review the contract in detail, identify any potential issues, and make sure all conditions and timelines are clearly understood. It also gives us time to liaise with banks, lawyers, and other parties involved in the transaction. By engaging a settlement agent early, you reduce the risk of delays and ensure your commercial purchase stays on track from the very beginning.

Yes, in most cases commercial settlements cost more than residential settlements. This is because commercial contracts often involve more complex conditions, higher values, and additional checks such as leases, zoning, or land tax. We provide a clear quote upfront, so you’ll always know what to expect with no hidden fees.

Yes. We coordinate directly with your bank, lender, or financier as part of the commercial settlement process. This includes arranging payout figures, verifying funds, and ensuring everything is ready for settlement day. By managing this communication on your behalf, we keep the process moving smoothly and reduce delays.