Which item is part of the completion checklist?

• A. Send balance of purchase price to seller's solicitors and confirm funds transferred
• B. Obtain a new mortgage offer
• C. Schedule completion date
• D. Confirm keys released

Answer: (A)

The key idea is that completion hinges on the buyer’s funds moving to the seller so ownership can pass. On the completion day you confirm that the balance of the purchase price is sent to the seller’s solicitors and that the funds have been transferred and cleared. This provides a clear, traceable end to the financial side of the transaction and allows the seller to release the title and hand over possession.

Other steps are typically handled at different stages: arranging a new mortgage offer is a pre-completion funding task, not a completion-day action; scheduling the completion date is usually settled earlier (often at exchange); and confirming keys are released happens after completion when possession actually changes hands.