Team
Our professional team in the Property Law Department is made up of Volker Krüger, Christoph Meyer, Elné Gerber, Francois van Wyk and Janus Olivier. The first four of them are admitted conveyancers. Volker, Elné and Francois are also admitted notaries. They are certainly experts in the field with added together more than 80 years of experience. Our large pool of well-trained, specialized and motivated conveyancing secretaries will ensure that your registration process is finalized in a short period of time.
Specialized services
We cover all the services related to Property Law, real estate and conveyancing, including the following:
Registration of property transfers (full title and sectional title);
Registration of mortgage bonds (we are on the panels of all major banks in South Africa);
Registration of notarial bonds;
Drafting and registration of notarial servitudes;
Township developments;
Opening of sectional title registers;
Subdivision, and consolidation, of properties;
Commercial and residential developments;
Drafting of deeds of sale (commercial and residential);
Drafting of rental agreements.
Top performers
All the banks have in the last couple of years since the global financial crises reduced their panel of attorneys. We are, however, proud to say that we are still on all the panels, including, Standard Bank, Absa Bank, Nedbank, First National Bank and FNB Housing. Therefore, where we receive an instruction to attend to the transfer of a property, we can also attend to the bond registration, which certainly helps to expedite the transfer and registration process.
Estate agencies that regularly refer sellers to us for their transfers, and banks, which keep statistics in this regard, will be able to confirm that we have in the last few years been one of the top performers, if not the top performer, in the North West Province in terms of turnaround times and other criteria.
Rustenburg has been growing quite rapidly in the last 25 years and we have in that time period attended to the establishment and proclamation of various townships for our developer clients.
Bridging Finance
We have our own bridging facility, called Randman, with which we can bridge the municipal clearance figures and the transfer duty and advances to sellers and estate agents, if need be. The in-house nature thereof helps to expedite the process considerably.
Costs
For cost calculations Click here
FAQ's on Property Law
Process
On the one hand, our professional team will, with their expertise and experience, ensure that all legal and tax risks are properly addressed and managed. You will get highly professional and personal service.
On the other hand, our process driven secretaries guarantee you a fast and efficient registration process. They will regularly update you on the progress with your transaction.
We do whatever it takes to expedite the process. We, for example, have a municipal liaison officer, who attends at the Rustenburg Local Municipality on a daily basis to ensure that municipal clearance figures and certificates are issued as quickly as possible. We also do our own lodgements at the Deeds Office through our conveyancer and notary in Pretoria, Elné Gerber.
Below the transfer and bond registration processes are set out in detail.
Transfer registration process:
1. Obtaining copies of the parties' identity documents and other documents required by the relevant FICA legislation;
2. A Deeds Office search;
3. Obtaining original title deed;
4. Obtaining the transfer duty receipt, alternatively the exemption confirmation (except where VAT is payable);
5. Obtaining a clearance certificate after paying the relevant amounts to the municipality (the seller is normally liable for these amounts);
6. Obtaining the cancellation figures where there is an existing bond;
7. Drafting transfer deeds, supporting documents and statements of account;
8. Signing of documents by seller and purchaser;
9. Payment of costs and transfer duty (except where VAT is payable) by the purchaser;
10. Payment of deposit by the purchaser (where applicable);
11. Obtaining guarantees to cover the purchase price;
12. Sending documents to correspondents for lodging;
13. Sending documents to bank for their approval;
14. Lodging documents at deeds office;
15. Registration;
16. Accounting to parties and payment of proceeds of sale, including agent's commission;
17. Notice to municipality of registration of transfer;
18. Sending securities to bank;
19. Receipt of original title deed from deeds office (this might take several months);
20. Sending title deed to bank or owner.
Bond registration process:
1. Obtaining copies of the parties' identity documents and other documents required by the relevant FICA legislation;
2. A deeds office search;
3. Obtaining original title deed;
4. Obtaining cancellation figures where there is an existing bond;
5. Obtaining draft deed of transfer from transferring attorneys;
6. Drafting bond deed, supporting documents and statement of account;
7. Signing of documents by mortgagor;
8. Sending documents to correspondents for lodging and guarantees to transferring attorneys;
9. Sending documents to bank for their approval;
10. Lodging documents at deeds office;
11. Registration;
12. Accounting to mortgagor;
13. Sending securities to bank;
14. Receipt of original title deed from deeds office (this might take several months);
15. Sending title deed to bank or owner.