Conveyancing

Conveyancing

Conveyancing is the process of transferring property ownership from one person to another. It’s a distinct branch of law in South Africa, with its own rules and regulations that must be followed. Conveyancers are specially trained to deal with this process, which begins when a buyer’s conveyancer receives documentation related to the sale from their seller’s conveyancer. The buyer’s conveyancer then sends an offer to purchase to the seller’s conveyancer, who will sign it if they agree on certain conditions set out in writing (these may include payment methods and timelines). Once this has been ratified by both parties it becomes legally binding—this means that if either party backs out of the contract they could face legal consequences.

  • Drafting and vetting of purchase and sale agreements
  • Transferring ownership of property
  • Opening Sectional title registers
  • Opening township registers and township establishment
  • Registering and canceling servitudes
  • Subdivisions and
  • Legal collections and foreclosures
  • Bank assisted sales
  • Bond registrations- Institutions include
    • ABSA BANK LIMITED
    • FIRST NATIONAL BANK LIMITED
    • STANDARD BANK OF SOUTH AFRICA LIMITED
    • NEDBANK LIMITED
  • Bond cancellations – Institutions include
    • ABSA BANK LIMITED
    • STANDARD BANK OF SOUTH AFRICA LIMITED

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