Kaplan Blumberg’s Property Law department has decades of experience. Our team is suitably qualified and experienced to deal with all property law related matters, including:
- Residential & commercial property transfers - Residential & commercial bonds - Hybrid & sectional title developments
OUR AREAS OF EXPERTISE ARE:
- Commercial Agreements - Companies & Close Corporations - Competition Governance - Liquidations & Insolvencies - Trust Law - Franchises
CONTACT US FOR PROFESSIONAL ADVICE AND ASSISTANCE
Transfer Registration Process
1 Obtain Deeds Office printouts for property and Client to check for any interdicts, insolvencies or other caveats that may be registered
2 Request a copy of the Title Deed
3 Apply to the Municipality for Rates Clearance figures and Valuation Certificate.
4 Apply for Levy Clearance figures and Consent from Home Owners Association, if applicable
OF SUSPENSIVE CONDITIONS
1 Follow up on
fulfillment of suspensive conditions, e.g. bond approval or sale of purchaser’s property
2 Upon confirmation of fulfillment, issue cancellation instructions to Seller’s bondholder, if the property is bonded
3 Collect necessary documentation from Seller and Purchaser to draft transfer documents for signature
4 Call for payment of costs from Purchaser
1 Apply and pay for the Transfer Duty Receipt from SARS
2 Apply and pay for the Rates Clearance Certificate from Municipality
3 Apply and pay for the Levy Clearance Certificate from Managing Agents, if applicable
4 Seller to provide Compliance Certificates as per Deed of Sale, e.g. Electrical Wiring, Borer Beetle, Gas and Electric Fence Certificates
OBTAIN REQUIRED CERTIFICATES
Be sure to read
your LexisTracker report on
Fridays to stay
in the loop.
1 Ensure satisfactory guarantees in place for
2 Check FICA compliance
3 Upon receipt of Transfer Duty Receipt, Clearance Certificates and the
original Title Deed, send documents off for lodgement
PREPARATION FOR LODGEMENT
We are committed to delivering on the following promises:
WE PROMISE to get your transfer through on time. Sometimes delays are caused by other role players, over whose process we have no control. Should this happen, we further promise to make every effort to smooth away the hurdles and speed up the process, as we know that a delay in the transfer date may have negative financial implications for you.
WE PROMISE to be available for any questions or queries. We know that questions don’t keep office hours, so we make ourselves available any time of the day.
WE PROMISE to consult with you for free until the transfer is registered.
WE PROMISE to keep you updated throughout the process. Instant messages will be sent as important milestones are reached and progress reports are sent on a weekly basis. For your convenience, you will be able to track the milestone history and expected registration date on LexisTracker with your unique login details.
Contact us for professional advice and assistance