What causes registration delays?

What can cause my transfer / bond registration to be delayed?

The ins and outs of subject to bond approval clauses
  • Lost Title Deeds
  • Delay in buyer obtaining finance.
  • Delay in receiving bond instructions from the bank.
  • Delay in receiving rates clearance figures from local government – such a delay usually occurs when one or more utilities have not been billed on the seller’s rates account.
  • Delay in receiving the Transfer Duty Receipt where one or more parties have outstanding taxes.
  • Linked transactions.
  • When client neglects to sign documents and pay costs when requested to do so.
  • Where shortfalls occurs on either side or the parties neglects to pay such shortfall on request.

1254

Recommended for you

Minors and immovable property
Contractual Matters

What does the Coronavirus lockdown mean for your Offer to Purchase?

46716

We are experiencing unchartered territory with the current lockdown due to the Coronavirus and while it is impossible to predict what the future holds or have immediate answers to what this might mean for each property related scenario, we can offer some advice to those who have signed an Offer to Purchase prior to or during the lockdown in South Africa.

Read More
Your Trusted Partner in Residential and Commercial Property Transfers
Contractual Matters

Rectifying information on a title deed

45852

A title deed is the formal record of who the current owner is of a specific piece of land so naturally, making sure that this information is accurate and up to date is incredibly important.

Read More
Curatorship - what does it mean to be put under curatorship?
Contractual Matters

Documents required for transfer of property

55549

We know that paperwork isn’t everyone’s favourite thing, and while the property transfer process does require quite a few documents, it needn’t be overwhelming for buyers or sellers. That’s why we’ve put together this list of documents required for transfer of property.

Read More
My name has changed - what happens to my property’s title deed?
Contractual Matters

What should I know about bond registrations and cancellations?

53776

For the majority of property buyers, taking out a bond to help finance the purchase of their dream home is an essential step of the process. The good news for Snymans clients is that our experienced team can guide you through the process…

Read More
Minors and immovable property
Contractual Matters

Effective Cause – who earns estate agent commission?

59787

An estate agent can be an invaluable asset in helping you secure a quick and lucrative sale, but in cases where more than one agent might be marketing your property, how do you know who you owe commission to when a sale is concluded?

Read More

Need more Snymans content?

Sign up for our monthly newsletter.

What causes registration delays?

What can cause my transfer / bond registration to be delayed?

The ins and outs of subject to bond approval clauses
  • Lost Title Deeds
  • Delay in buyer obtaining finance.
  • Delay in receiving bond instructions from the bank.
  • Delay in receiving rates clearance figures from local government – such a delay usually occurs when one or more utilities have not been billed on the seller’s rates account.
  • Delay in receiving the Transfer Duty Receipt where one or more parties have outstanding taxes.
  • Linked transactions.
  • When client neglects to sign documents and pay costs when requested to do so.
  • Where shortfalls occurs on either side or the parties neglects to pay such shortfall on request.

1254