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Rates Notice in my name for Property that hasn't Settled

Discussion in 'The Buying & Selling Process' started by rhinsor, 14th Oct, 2015.

  1. rhinsor

    rhinsor Well-Known Member

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    Hi all,

    Just after some info until I can contact my settlement agent tomorrow.

    I got a rates notice for a property I'm purchasing but it hasn't settled yet.

    It is address to me with overdue rates.

    Why would this be in my name already if the property hasn't settled?
     
  2. Scott No Mates

    Scott No Mates Well-Known Member

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    The bill shouldn't be in your name until after settlement.

    The settlement agent/conveyancer should have arranged for final statements from council, water and land tax clearance Certificate.

    Any outstanding amounts should come out at settlement.
     
  3. Terry_w

    Terry_w Solicitor, Finance Broker, CTA Business Member

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    Very strange!
     
  4. rhinsor

    rhinsor Well-Known Member

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    Thanks for the quick reply.
    Someone has stuffed something up. Does the council only get my details from my settlement agent or can the sellers settlement agent pass these details onto the council?

    The property is in Perth with Wanneroo council who I have no other properties with.
     
  5. <JC>

    <JC> Member

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    Very interesting. Never ever seen. Better to check with your agent/ solicitor
     
  6. Scott No Mates

    Scott No Mates Well-Known Member

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    It usually takes weeks for council to do anything. I had to advise that we had sold my last property when we received a rates notice a few weeks after settlement.
     
  7. Chilliblue

    Chilliblue Well-Known Member

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    The notice should not be in your name until settlement. Just contact your solicitor and let them sort out the situation. They are the ones that will finalise all rates for settlement.
     
    Last edited: 17th Oct, 2015
  8. Travelbug

    Travelbug Well-Known Member

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    Maybe the owner notified them so he didn't have to pay the bill? Just check that your solicitor has not added that the bill has been paid in the settlement statement. They may also owe some of the bill. All amounts owing are itemised in the Settlement document. It is very strange though.