FAQ's |
Answers
to frequently asked questions. |
Seller's
Checklist Purchaser's Checklist
Delays in transfer occur when |
SELLER’S
CHECK LIST
1. |
Has
the conveyancer received the agreement of sale? |
2. |
Have
you advised the conveyancer of the whereabouts of
the original title deed, name and account number
of the bondholder and its relevant branch, if applicable? |
3. |
Have
you provided the conveyancer with your personal
particulars? |
4. |
Have
you paid rates/levies as requested, to the conveyancer? |
5. |
Have
you signed transfer documents at the conveyancers’
offices? |
6. |
Have
you advised the conveyancer of any special instructions/requirements
regarding the manner in which the proceeds of the
transfer are to be dealt with? |
7. |
Have
you given instructions or made arrangements for
the collection of occupational rent? |
8. |
Have
you advised the conveyancer of changes in address,
telephone number, etc. on your vacating property? |
9. |
Have
you advised the persons who supply various services
to your property of your date of vacating the property,
e.g. telephone, newspaper, lights and water, etc? |
10. |
Have
you reclaimed service deposits where relevant, e.g.
from the municipality? |
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PURCHASER’S CHECK LIST
1. |
Have
you applied for and been granted a bond and advised
the conveyancer of the name of the attorney who
has been instructed to attend to the registration
of the bond? |
2. |
Have you paid the initial deposit on the
purchase price timeously and ensured that same is
invested for your account if required? |
3. |
Have
you provided the conveyancer with your personal
particulars? |
4. |
Have
you supplied the bond attorneys with all their requirements? |
5. |
If
applicable, have you advised the conveyancer how
you intend paying the balance of the purchase price
not secured by the bond? |
6. |
Have
you signed bond and transfer documents? |
7. |
Have
you paid the bond and transfer costs? |
8. |
Has
the purchase price been paid or secured by due date? |
9. |
Have
you paid occupational rent in accordance with the
agreement? |
10. |
Have
you arranged for the connection of household services,
e.g. telephone, water and electricity? |
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DELAYS IN THE TRANSFER OCCUR WHEN
1. |
The
seller or estate agent does not instruct the attorney
immediately the agreement of sale is concluded. |
2. |
The
bond is not granted on time or the bond registering
attorneys are not instructed forthwith by the bank
granting the bond. |
3. |
Personal
particulars are not supplied when called for.
|
4. |
Guarantees
are not furnished punctually and in accordance with
the agreement. |
5. |
Transfer
and bond documents are not signed and/or transfer
and bond registration costs are not paid timeously. |
6. |
The
existing title deed is not sent to the attorney
immediately when requested from the seller or the
bank or other financial institution where it is
held. |
7. |
Rates
and taxes/levies are not paid timeously. |
8. |
The
local authority/body corporate delays the issue
of the Rates/Levy Clearance Certificate. |
9. |
A
backlog exists at the Deeds Office where the transfer
is to be registered. |
10. |
The
Deeds Office queries any aspect of the transaction. |
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USEFUL
LINKS |
Links
to important sites, such as SARS, The South African Law
Society and more...
>>
Read more... |
CONTACT
US
Johannesburg
Tel: 011 432 4310
Fax: 011 432 3665
Email |
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