South African property law provides for one of the most advanced and most secure property registration systems in the world. It offers an unusual degree of certainty in terms of ownership of property, specifically with regard to the details of owners past and present, details of the extent of the property and any limitations or rights in and to the property.
The stringent requirements of the law ensure that you, as the buyer, are assured that the correct property is transferred to you and that it is free of any encumbrance pertaining to a previous owner. In other words, the previous bond is cancelled and a clearance certificate confirming payment of all rates and taxes and other imposts levied on the property are paid prior to transfer of the property being registered in your name.
Nevertheless, as a buyer or seller you might still have certain legitimate concerns and requirements. Our Legal Team is composed to give you some assistance in regard to South African property registration, South African property law and South African property Legal information as well as advice on these issues.
Our legal team deals with a variety of property related legal matters; from the implication of Capital Gains Tax and holding your property in a Company or Close Corporation, to the conveyancing process and the costs involved