How long does the transfer of a fixed property take?

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Anything between four weeks and four months or sometimes even longer. The time frame depends on various circumstances beyond our control; for example, the cooperation we get from

  • the banks,
  • the municipalities (issuing of clearance figures and clearance certificates), SARS (issuing of the transfer duty receipt),
  • transferring or bond attorneys attending to linked transactions,
  • the deeds office.

In the case of developments and deceased estates, the process, furthermore, takes typically considerably longer because of various additional requirements that have to be met.

Volker Krüger

 

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