What Happens To The Original Title Deed When You Buy A Property?
Many people are uncertain about the whereabouts of the original Title Deed after the transfer of property ownership has been registered in the Deeds Office. This is determined by how the purchase price for the immovable property is paid by the purchaser. Cash Payment If the purchaser pays cash for the property, then the original […]
What If My Original Title Deed Is Missing?
In order for a property to be transferred, an original Title Deed must be provided to the Conveyancer who is attending to the transfer. This Title Deed will be lodged, together with the other transfer documents, in the Deeds Office for the registration process. If the property is bonded, the original Title Deed will be […]
Dealing with Municipal Accounts After Property Transfers
Many people are under the misguided impression that, when a property is transferred from one person to another, the Municipality will automatically close the seller’s existing account and open a new municipal account for the new owner of the property. This is not the case. On registration of transfer, the attorneys who attended to the […]
