There is no requirement to attend a physical settlement. Generally settlements will take place electronically using PEXA. PEXA settlements provide additional benefits, including: for purchaser’s: having stamp duty paid and the transfer of the title to your name registered on the day of settlement and having any outstanding rates and charges on the property paid from the settlement platform, for vendor’s: having all monies paid from the settlement platform and available on the day of settlement so that loans can be repaid and surplus funds are deposit into your account promptly.