Property transfer involves the buyer, seller, estate agent, bank, municipality, SARS and several attorneys. Understanding the sequence makes the process far less daunting.
From agreement to documents
Once the sale agreement is final and its conditions are met, the transferring attorney gathers compliance certificates, rates figures, guarantees and signed transfer documents.
Registration at the Deeds Office
The linked transactions are lodged together at the Deeds Office. After examination and registration, ownership passes to the buyer and the financial arrangements are completed.
