Key transfer of owner-occupied property: here's how it works step by step

What is a key transfer?

The key transfer is the official moment when the purchase property changes hands. This usually takes place at the notary and marks the end of the buying process. During the key transfer, the deed of transfer is signed. Only after signing this deed are you officially the owner of the property.

The key transfer has not only a legal, but also a symbolic value. When the keys are handed over, the seller literally and figuratively transfers the house to you. From that moment on, you are responsible for all rights and obligations of the house. Make sure the key transfer goes smoothly so you can enjoy your new home carefree!

How does the key transfer take place?

The key transfer takes place in three clear steps: first the final inspection, then the signing of the deed at the notary and finally the moment when you receive the keys. This is the official moment when you become the new owner.

1. Final inspection of the home.

You walk through the house with the selling party and check that the delivery went well. Most buyers pay attention to defects, items left behind and whether the house is completely empty. Also check the storage room and note the meter readings. Take pictures if something is wrong. A lot happens in a short time during the final inspection, but this step provides peace of mind: you know exactly what you are taking over.

2. Signing at the notary

Then you go to the notary's office. The notary will check the deed of delivery, the purchase deed and your mortgage deed. If everything is correct, you may sign the deed. The notary then registers the transfer immediately. This is the official moment when the transfer of ownership takes place. A smooth process begins with documents that are properly arranged. If there are discrepancies, there is room for discussion, but usually the process goes smoothly.

3. The moment of the keys

After the signing follows the moment when you receive the keys. This is the moment when you are officially the new owner and your move starts. Immediately check that each key fits and that the doors close properly. Many buyers give their new address to their energy supplier and employer the same day, so that everything fits neatly on the day of the key exchange.

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How long does a key exchange take?

The key exchange usually takes 1.5 to 2 hours. Most buyers start with the final inspection. You walk through the house with the seller and check that everything is correct. The inspection takes 30 to 45 minutes, depending on the size of the house and any defects. Take pictures if something is not in the right condition.

Then you go to the notary's office for the official moment. The notary goes over all the documents, such as the deed of transfer and the mortgage deed. If everything is correct, you sign the deed and the transfer of ownership is done. This part usually takes an hour.

Want to save time? Make sure all papers are in order and discuss in advance with the seller what exactly you will be inspecting. That way you avoid unnecessary waste of time and you can enjoy your new home faster!

How long does transfer of the house to the notary take?

The transfer at the notary takes an average of 45 to 60 minutes. This is the official moment when you become the owner. The notary first checks the purchase agreement, the deed of transfer and your mortgage deed. Only when everything is correct will you sign the deed. Most buyers find this exciting, but the process is simple and clear.

This is how the transfer at the notary goes

• The notary goes through all the documents
• He checks that sellers and buyers have the same agreements
• You sign the deed and mortgage
• The transfer of ownership is recorded immediately

Have you just come out of the final inspection? Then this is when you actually become the owner and get the keys. If there are defects or missing documents, the transfer may take longer, but with proper preparation, this does not happen often.

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When is the key exchange of my new home?

The key transfer is on the date specified in your deed of sale. This is the day of the transfer: the moment when you become owner after signing at the notary's office. Most buyers schedule that day tightly because this is the official moment when you get keys and your move can start.

Before the transfer, you first do the final inspection. You walk through the house with the seller and check that everything is in the same condition as agreed upon. During the final inspection you pay attention to defects, remaining belongings and whether the house is completely empty. If something is not right, you discuss it immediately. Good consultation prevents hassle on the day of the key transfer.

After the inspection, you go to the notary's office for the signing of the deed. This is the moment when the purchase agreement is made official and you take over responsibility. Buyers who want this taken care of properly often bring a real estate agent or extra pair of eyes to make sure nothing is missed.

Are you currently renting a home or are you in a lease? Plan your handover smartly so that your move goes smoothly. Also, notify your energy provider of your new address as soon as the transfer is made.

What to arrange for the key transfer?

There are a number of things you need to take care of before the key transfer. After all, everything must be in order before you receive the keys. At least the following are taken care of:

1. Financing: make sure financing is complete and the purchase price is paid in full.
2. Documents: bring a valid ID and all necessary documents, such as the bill of sale, to the notary.
3. Agreements: have you made arrangements with the seller about items left behind? Check that these are clearly recorded to avoid misunderstandings.
4. Final inspection: inspect the property on the agreed date. Note the meter readings (gas, water and electricity) and check the condition of the house.

By preparing these steps properly, you will avoid surprises. Good preparation ensures a stress-free key transfer!

What do you need to arrange after the key transfer purchase home?

After handing over the keys to your new home, make a few more arrangements to make your condo all yours.

• Utilities: put gas, water and electricity in your name.
• Change of address: notify your new address to the municipality, post office, banks and insurance companies.
• Insurance: take out buildings insurance and make sure your contents insurance is up to date.
• Lock replacement: replace locks for added security.
• Draw up contracts: record any agreements with the seller right away.

These steps will get your new home all ready for occupancy.

Practical tips for a smooth key transfer

Buying or selling a home often takes long enough. No one is waiting for mistakes or possible defects during the key exchange. Therefore, make sure you pay attention to the following things so that everything goes smoothly.

1. Communicate clearly: make sure buyer, seller and notary are on the same page. Discuss time and location well in advance to avoid misunderstandings.
2. Be critical during the final inspection: check each room carefully. Note discrepancies and record them immediately to avoid problems later.
3. Bring an extra pair of eyes: at this important moment in your life, you don't want to overlook anything. Ask a realtor, friend or family member to watch with you so you don't overlook anything.
4. Plan your time well: make sure your schedule allows for space so you can do the inspection and key transfer without rushing.
5. Check keys and locks: immediately test that all doors and windows are working properly. Security always comes first!

These tips will ensure a stress-free key exchange!

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