Using the Date for Completion field

Define when settlement occurs - a fixed date, a period after an event, or a combination of conditions.

The Date for Completion field on the Exchange tab captures settlement timing. Curia pre-fills it from the contract during processing; you can edit, add conditions, or set the value by hand.

The Date for Completion field on the Exchange tab

How automatic detection works

Curia reads the contract particulars and any special conditions or clauses during processing to find every date for completion in the contract, then pre-fills the field with the conditions it found.

Defaults

The default value is the common case “42 days after exchange of contracts”:

  • Based on: Time period after event
  • Trigger event: Exchange/contract date
  • Period: 42
  • Unit: Days

The report reads:

Completion will occur 42 days after exchange of contracts

The default condition values shown on the field

Adding a single condition

Each condition has a Based on type:

  • Time period after event - a period counted from a chosen event.
  • Vendor notification - a period counted from when the vendor notifies the purchaser.
  • Specific date - a fixed calendar date.

The Based on dropdown with three condition types

Time period after event

Pick a trigger event:

  • Exchange/contract date
  • Occupation Certificate issued
  • Draft Plan registered
  • Probate completed
  • Title Transfer completed

For any trigger other than Exchange/contract date, a Counting starts from option appears with two choices: Event occurring (count from the date the event actually happens) or Vendor notification (count from when the vendor notifies the purchaser of the event).

Then enter the Period number and pick the Unit (Days, Weeks, or Months).

The Time period after event configuration

The Counting starts from option for non-exchange triggers

Vendor notification

Enter the number of days. Optionally set a Minimum period after exchange of contracts so settlement can’t occur within a stated window after exchange.

Specific date

Pick the calendar date.

Multiple conditions

Click Add another condition to add more. Once two or more conditions exist, a Multiple conditions timing dropdown shows up with two options:

  • Latest date among conditions - settlement occurs on the latest of all dates.
  • Earliest date among conditions - settlement occurs on the earliest of all dates.

Two conditions with the Multiple conditions timing dropdown

To remove a condition, click the bin icon on its card. The last remaining condition can’t be deleted; at least one is always required.

Weekend and public holiday adjustments

When the calculated settlement date falls on a weekend or a public holiday for the contract’s state, Curia adjusts it to the next business day and the report explains the shift. Examples:

Completion is scheduled to occur on Monday 29 December 2025. Designated settlement date of Saturday 27 December 2025 was adjusted because completion cannot occur on weekends.

Completion is scheduled to occur on Monday 29 December 2025. Designated settlement date of Friday 26 December 2025 was adjusted because completion cannot occur on a public holiday (Boxing Day).

Report wording examples

  • Single fixed date: “Completion will occur on 12 November 2024.”
  • Single offset: “Completion will occur 42 days after exchange of contracts.”
  • Single offset with known exchange date: “Completion will occur 42 days after exchange of contracts (26 February 2024).”
  • Multiple conditions:

Completion will occur on the later of:
a) 12 December 2024;
b) 60 days after exchange of contracts (15 March 2024)

FAQ

Can I add multiple conditions for complex contracts?

Yes. Click Add another condition to layer triggers, then pick Latest or Earliest for how they combine.

What if I want to override what Curia extracted?

Edit the field directly. Change the trigger, period, or set a specific date.