What happens if the seller passes away during transfer?

What happens if the seller passes away during transfer?

Should a person pass away during the transfer process, the entire transfer will need to come to a halt, until an executor of the estate has been appointed. A Power of Attorney issued to a 3rd party for the deceased person becomes invalid upon death. Only the executor...
How soon can I re-sell my house?

How soon can I re-sell my house?

We all know that when investing in property it is all about the location and timing. There is sometimes the situation, especially in the case of speculation buyers and property investors, that they have just signed the Offer to Purchase when a 3rd party offers the new...
What certificates are needed when selling your home?

What certificates are needed when selling your home?

When selling your property, the conveyancing attorneys will require the following documents: Title Deed – If you have a current home loan with a financial institution, they will have this document. If the property is not bonded you should have this original....
Restrictive property conditions in Title deeds

Restrictive property conditions in Title deeds

Sometimes one purchases a property with the idea of renovating and changing the entire layout to create your dream home. This might be exactly what it will become – only a dream. As a buyer, you usually will not see the original Title Deed, which includes all...
Are you struggling with your bond repayments?

Are you struggling with your bond repayments?

With salaries being cut and the possibility of retrenchments on the increase, you might find yourself in the situation of not being able to afford your bond/ mortgage repayments. Whilst the natural thing to do is to hide away and hope that no one sees us, or that we...
Claiming interest on delayed transfers

Claiming interest on delayed transfers

What are your rights as a seller when it comes to claiming interest on a delayed transfer, directly caused by the buyer? In most cases, the delay in the transfer process is caused by the buyer not producing the correct documentation or finances. A buyer needs to...
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