You have sold your home, what happens next? Here is more information to help you through.
How long does the transfer process take?
There is no specific timeline on registration of property, each file is unique. The registration process should be take as long as the factors involved in the registration. The parties should remember that it is not only the transferring attorney involved in registration and therefore a lot of factors involved. We require cancellation figures from the bond holder, rates figures from the council, levy figures from the managing agents / body corporate (if applicable), guarantees securing the purchase price from the bond attorneys, transfer duty receipt from SARS.
For more advise on property-related queries, please feel free to speak to Donna on 083 299 1575.