Transactions
Offer to Purchase
The buyer presents a written offer, which becomes the sales agreement upon acceptance.
Bond Approval
If financing is required, the buyer applies for a mortgage bond.
Transfer Duty
The buyer pays transfer duty tax to SARS, unless exempted.
Conveyancing
A conveyancer is appointed to handle the legal transfer process.
Property Inspection
A thorough inspection is often conducted for defects or issues.
Compliance Certificates
Certificates for electrical, gas, and plumbing compliance are obtained.
Deeds Office Registration
The conveyancer lodges the necessary documents with the Deeds Office for registration of the property in the buyer’s name.
Each transaction requires careful attention to legal details to ensure a smooth transfer of ownership.
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