What to know
- The transferring attorney gathers FICA and transaction documents and prepares transfer papers.
- Municipal clearance, transfer-duty processes and bond cancellation or registration may run in parallel.
- Sectional-title transfers can also require body-corporate clearance.
- Registration only occurs once all required documents, certificates, finances and linked transactions are ready.
Important Information
The information in Fabulous Homes Insights is provided for general property education and information. Property, tax, finance, sectional-title, rental, municipal and compliance matters can differ according to individual circumstances, contractual terms, scheme rules, municipal requirements and changes in law. Where necessary, readers should obtain advice from an appropriate attorney, conveyancer, tax practitioner, financial professional, property practitioner, engineer, inspector or other suitably qualified professional.
