Property Law

Our property related services inter alia include:-

 

  • Preparing and drafting of property related agreements;
  • Registration of transfer of residential, commercial and sectional title property;
  • Registration of all types of mortgage and notarial bonds;
  • Opening of sectional title registers;
  • Subdivisions and consolidations;
  • Township establishment and development;
  • Assistance with the raising of property finance;
  • Commercial and residential property related litigation.

 

 

 

Proposed Transfer & Bond Costs

100,000.00 - 550,000.00    

                          

Proposed Transfer & Bond Costs

600,000.00 - 5,000,000.00

 

 

The Registration Process!

How does it work? What steps are taken up to and including the date of registration?

  1. Completion of Agreement of Sale.

  2. Purchaser applies for a loan.

  3. Wilsenach van Wyk Goosen & Bekker Inc. is instructed by the Agent.

  4. Request Cancellation figures for the Seller's bond.

  5. Request rates / levy clearance figures from the Local Municipality / Managing agent.

  6. Purchaser's Mortgage bond finally granted.

  7. Title deeds obtained from holder.

  8. Documents signed by Seller & Purchaser.

  9. Pro-forma transfer costs obtained from the purchaser.

  10. Guarantees obtained.

  11. Transfer duty / vat / exemption obtained from SARS.

  12. Rates clearance obtained from local municipality.

  13. Electrical clearance certificate obtained.

  14. Transfer ready to lodge.

  15. Bond cancellation & the new bond ready to lodge.

  16. Lodge at deeds office (Number 14 & 15 must be lodged simultaneously) - usually 8-12 working days.

  17. Deeds come up for prep.

  18. Registration

  19. Sale proceeds and commission distributed.

The registration process takes about 2 months in total but because of the involvement of several other parties (such as the Bank, SARS, Local Municipalities etc.), this process can take longer.

 

For more information about this service:

e-mail: pgoosen@wilsenachvanwyk.co.za (Pretoria East Branch)

e-mail: danie@wvw.co.za(Johannesburg Branch)

e-mail: info@wilsenachvanwyk.co.za (Pretoria North Branch)

 

copyright© WILSENACH VAN WYK GOOSEN & BEKKER INC.

Wilsenach van Wyk Goosen & Bekker Inc., All rights Reserved. (Reg. No. 1989/06464/21)

Terms under which this service is provided to you.

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