Buying or selling property can be stressful and a time-consuming affair, with many things to remember and consider along the way.
There are six steps in a property transaction:
The offer to purchase, done through an estate agent; The registration of the bond, done through a conveyancing attorney or bank; The registration of the bond, done through a conveyancing attorney or bank; The appointment of the conveyancing attorney;
The clearance process, done through the municipality; The transfer and registration of deeds, done by the deeds office, or the Department of Agriculture and Land Affairs
Buyers and sellers also need to: - Apply for municipal services if you are the buyer; and
- Close your services account if you are the seller;
- Clearance Certificates;
- Opening an account;
- Deposits;
- Property developments;
- Certificate of occupancy.
Selling or Buying Property Transfer FAQ (Click here)
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