27/06/2025
๐ช๐ต๐ฎ๐ ๐๐ผ ๐๐
๐ฝ๐ฒ๐ฐ๐ ๐๐๐ฟ๐ถ๐ป๐ด ๐๐ต๐ฒ ๐ง๐ฟ๐ฎ๐ป๐๐ณ๐ฒ๐ฟ ๐ฃ๐ฟ๐ผ๐ฐ๐ฒ๐๐ ๐ โ๏ธ
โก ๐ข๐ณ๐ณ๐ฒ๐ฟ ๐๐ผ ๐ฃ๐๐ฟ๐ฐ๐ต๐ฎ๐๐ฒ (๐ข๐ง๐ฃ) ๐ฆ๐ถ๐ด๐ป๐ฒ๐ฑ
Once a binding OTP is signed by both buyer and seller, the conveyancing journey officially kicks off. This contract outlines the purchase price, special conditions, and occupation date
๐ณ ๐๐ผ๐บ๐ฒ-๐๐ผ๐ฎ๐ป ๐๐ฝ๐ฝ๐ฟ๐ผ๐๐ฎ๐น (๐ถ๐ณ ๐ฎ๐ฝ๐ฝ๐น๐ถ๐ฐ๐ฎ๐ฏ๐น๐ฒ)
If youโre financing the purchase, the bank conducts a credit assessment and property valuation before granting bond approval. The bank then instructs bond attorneys to prepare the mortgage bond documents
๐ ๐๐ฝ๐ฝ๐ผ๐ถ๐ป๐๐บ๐ฒ๐ป๐ ๐ผ๐ณ ๐๐ต๐ฒ ๐ง๐ฟ๐ฎ๐ป๐๐ณ๐ฒ๐ฟ ๐๐๐๐ผ๐ฟ๐ป๐ฒ๐ (๐๐ผ๐ป๐๐ฒ๐๐ฎ๐ป๐ฐ๐ฒ๐ฟ)
The seller nominates a conveyancer who manages the legal transfer, liaises with bond attorneys, and oversees document preparation and lodgement
๐ ๐๐ผ๐ฐ๐๐บ๐ฒ๐ป๐ ๐ฃ๐ฟ๐ฒ๐ฝ๐ฎ๐ฟ๐ฎ๐๐ถ๐ผ๐ป & ๐๐๐๐ ๐๐ผ๐บ๐ฝ๐น๐ถ๐ฎ๐ป๐ฐ๐ฒ
๐๐ฉ๐ฆ ๐ค๐ฐ๐ฏ๐ท๐ฆ๐บ๐ข๐ฏ๐ค๐ฆ๐ณ ๐ค๐ฐ๐ญ๐ญ๐ฆ๐ค๐ต๐ด ๐ข๐ฏ๐ฅ ๐ท๐ฆ๐ณ๐ช๐ง๐ช๐ฆ๐ด:
- Original Title Deed
- Certified F**A documents (IDs, proof of address, tax numbers)
- Municipal clearance certificates (rates, taxes, levies)
- Compliance certificates (electrical, pest/beetle, gas, electric fence)
๐ฐ ๐ฃ๐ฎ๐๐บ๐ฒ๐ป๐ ๐ผ๐ณ ๐ง๐ฟ๐ฎ๐ป๐๐ณ๐ฒ๐ฟ ๐๐๐๐ & ๐ง๐ฟ๐ฎ๐ป๐๐ณ๐ฒ๐ฟ ๐๐ผ๐๐๐
๐๐ฆ๐ง๐ฐ๐ณ๐ฆ ๐ญ๐ฐ๐ฅ๐จ๐ฆ๐ฎ๐ฆ๐ฏ๐ต, ๐ต๐ฉ๐ฆ ๐ฃ๐ถ๐บ๐ฆ๐ณ ๐ฑ๐ข๐บ๐ด:
- Transfer duty to SARS (graduated tax based on purchase price)
- Conveyancing and Deeds Office fees
- Bond registration and cancellation fees (if applicable)
๐ ๐๐ผ๐ฑ๐ด๐ฒ๐บ๐ฒ๐ป๐ ๐ฎ๐ ๐๐ต๐ฒ ๐๐ฒ๐ฒ๐ฑ๐ ๐ข๐ณ๐ณ๐ถ๐ฐ๐ฒ
Once all fees are paid and documents signed, the conveyancer lodges transfer and bond documents. The Deeds Office conducts examinations (7โ10 working days) before registration
๐ ๐ฅ๐ฒ๐ด๐ถ๐๐๐ฟ๐ฎ๐๐ถ๐ผ๐ป & ๐๐๐๐๐ฎ๐ป๐ฐ๐ฒ ๐ผ๐ณ ๐ง๐ถ๐๐น๐ฒ ๐๐ฒ๐ฒ๐ฑ
Upon approval, the new owner is registered, any existing bond is cancelled, and a new Title Deed is issued in the buyerโs name
๐ ๐๐ฎ๐ป๐ฑ๐ผ๐๐ฒ๐ฟ ๐ผ๐ณ ๐ข๐๐ป๐ฒ๐ฟ๐๐ต๐ถ๐ฝ
With registration complete, you receive the Title Deed and officially become the propertyโs legal owner!
๐ฉ ๐๐ผ๐ฟ ๐ฒ๐
๐ฝ๐ฒ๐ฟ๐ ๐ด๐๐ถ๐ฑ๐ฎ๐ป๐ฐ๐ฒ ๐๐ต๐ฟ๐ผ๐๐ด๐ต ๐ฒ๐๐ฒ๐ฟ๐ ๐๐๐ฒ๐ฝ, ๐ฐ๐ผ๐ป๐๐ฎ๐ฐ๐ ๐บ๐ฒ ๐๐ผ๐ฑ๐ฎ๐!
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