GETTING STARTED
GETTING STARTED
The Registration Process: What to Expect?
Below is an outline of the registration process. Please take note of all the relevant steps leading up to and including the date of registration.
Please note: The entire registration process typically takes about 2 months. However, due to the involvement of various parties (such as the bank, SARS, and local municipalities), the process may be extended.
Completion of Agreement of Sale
Purchaser applies for a loan
Agent/client instructs Wilsenach van Wyk Johannesburg
Request cancellation figures for the Seller’s bond
Request rates/levy clearance figures from the local municipality or managing agent
Purchaser’s mortgage bond granted
Title deeds obtained from the holder
Documents signed by the Seller and Purchaser
Pro-forma transfer costs obtained from the Purchaser
Guarantees obtained
Transfer duty, VAT, or exemption obtained from SARS
Rates clearance obtained from the local municipality
Electrical and other clearance certificates obtained
Transfer ready to lodge
Bond cancellation and new bond ready to lodge
Lodge at the deeds office (Items 14 and 15 must be lodged simultaneously) – typically 8-12 working days
Deeds prepared for registration
Registration
Sale proceeds and commission distributed
Completion of Agreement of Sale
Purchaser applies for a loan
Agent/client instructs Wilsenach van Wyk Johannesburg
Request cancellation figures for the Seller’s bond
Request rates/levy clearance figures from the local municipality or managing agent
Purchaser’s mortgage bond granted
Title deeds obtained from the holder
Documents signed by the Seller and Purchaser
Pro-forma transfer costs obtained from the Purchaser
Guarantees obtained
Transfer duty, VAT, or exemption obtained from SARS
Rates clearance obtained from the local municipality
Electrical and other clearance certificates obtained
Transfer ready to lodge
Bond cancellation and new bond ready to lodge
Lodge at the deeds office (Items 14 and 15 must be lodged simultaneously) – typically 8-12 working days
Deeds prepared for registration
Registration
Sale proceeds and commission distributed
CONTACT US for ALL your Property & Commercial law needs
Whether you’re navigating your first property purchase or overseeing a large corporate portfolio, our team is here to guide you with the expertise and attention to detail your investment deserves.