The Transfer Process

The Transfer Process
THE SALE AGREEMENT
Buying or Selling property is the biggest financial commitment most of us will
WHAT ARE SUSPENSIVE CONDITIONS?
The Sale Agreement must contain "Suspensive conditions". These are conditions
CANCELLATION OF THE EXISTING BOND
If the Seller still owes Money to his bank in respect of his bond, because he borrowed money to buy the property himself, then that bond
Once the suspensive conditions are fulfilled, the Conveyancer will be instructed to proceed with the TRANSFER PROCESS. This involves certain steps.
TRANSER OF THE PROPERTY
To enable the Conveyancer to prepare the transfer documents, he will require the Purchaser & Seller's details together with copies of their Identity documents, marriage certificate, ANC's, divorce order, etc. After receiving these docs & the original Title Deed, the Conveyancer will prepare the transfer docs & his proforma account.
REGISTRATION OF A NEW MORTGAGE BOND
To enable the Conveyancer to prepare the transfer documents, he will require the Purchaser & Seller's details together with
REGISTRATION
To enable the Conveyancer to prepare the transfer documents, he will require the Purchaser & Seller's details together with
What is a Conveynancer?
A Conveyancer is a qualified attorney who has passed an extra examination in conveyancing. Only a conveyancer can prepare and do registrations of an ownership and
The Transfer Process
THE SALE AGREEMENT
Buying or Selling property is the biggest financial commitment most of us will
WHAT ARE SUSPENSIVE CONDITIONS?
The Sale Agreement must contain "Suspensive conditions". These are conditions
Once the suspensive conditions are fulfilled, the Conveyancer will be instructed to proceed with the TRANSFER PROCESS. This involves certain steps.
CANCELLATION OF THE EXISTING BOND
If the Seller still owes Money to his bank in respect of his bond, because he borrowed money to buy the property himself, then that bond
REGISTRATION OF A NEW MORTGAGE BOND
To enable the Conveyancer to prepare the transfer documents, he will require the Purchaser & Seller's details together with
REGISTRATION
To enable the Conveyancer to prepare the transfer documents, he will require the Purchaser & Seller's details together with
TRANSER OF THE PROPERTY
To enable the Conveyancer to prepare the transfer documents, he will require the Purchaser & Seller's details together with copies of their Identity documents, marriage certificate, ANC's, divorce order, etc. After receiving these docs & the original Title Deed, the Conveyancer will prepare the transfer docs & his proforma account.
What is a Conveynancer?
A Conveyancer is a qualified attorney who has passed an extra examination in conveyancing. Only a conveyancer can prepare and do registrations of an ownership and

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