Conveyancing describes the legal procedure whereby ownership of immovable property is changed, or in other words, how ownership is "conveyed" from the existing owner (seller) to the purchaser.

Our services provided include:

  • Drafting of commercial and residential leases
  • Transfers of all types of properties
  • Negotiating and drafting agreements relating to the sale of residential and commercial properties
  • The conveyancer collects the following funds before registration from the seller and purchaser:
  • Amounts due to the local municipality to obtain a rates clearance certificate.
  • Bond cancellation costs (should there be insufficient funds from the proceeds of the sale to pay the bond cancellation attorney directly).
  • Deeds Office registration fees.
  • Provision for rates and taxes due to the local authority.
  • Transfer duty payable to SARS.
  • Professional fees

The Transfer Process

The Sale Agreement

What are Suspensive Conditions?

Cancellation of the Existing Bond

Registration of a New Mortgage Bond

Transfer of the Property

Registration

Frequently asked questions:

How long will the property transfer take?

Under ideal circumstances a transfer takes between 50 and 65 days. Various aspects influence the period of transfer of a property

What are the costs to transfer a property?

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From the seller

From the purchaser

Purchase price   

       
         

Bond costs

R 0.00

   

Transfer costs

R 0.00

   

Transfer Duty costs    

R 0.00

   
               

Additional costs

Please note this calculator estimates bond and transfer costs and should be used as a guideline only. Certain additional costs are associated with the registration process which could include inter alia the following: levy/rates clearance certificates, rates, insurance certificate for sectional title and the deeds office search and electronic document preparation fee, amongst other costs. The user shall have no claim and hereby indemnifies RS Attorneys against any liability.

Disclaimer

While every effort is made to ensure their accuracy, RS Attorneys cannot be held liable for any loss or damage arising directly or indirectly from the use of this calculator, including any incorrect information generated by the calculator, and / or arising pursuant to your reliance on such information. Under no circumstances, will RS Attorneys be liable for any consequential loss or damage whatsoever arising from the aforesaid.