Buying or selling property can be stressful and 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