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.

Recommended for you

Minors and immovable property
Contractual Matters

When ownership of immovable property is vested in a company[post_view before=""]

There are instances where ownership of land is vested in a company. Typically, a company is registered, usually with one or two directors, and such company then takes transfer of the immovable property. The land is then held in the name of the legal entity (being the company), with the individuals or directors who intend to stay there holding shares in the company.

Read More
Property Blog Articles | Advice | Contractual Matters | Market News
Contractual Matters

An ethical approach to fee discounts[post_view before=""]

Legal fees are regulated by tariff guidelines, which are issued by the Rules Board in terms of the Legal Practice Act. Although these tariffs are guidelines, they are typically followed in the conveyancing industry. As a result, if fees are ever queried, they can usually be backed up by the regulations issued in the Government Gazette from time to time.

Read More
Minors and immovable property
Contractual Matters

The Property Practitioners Act 22 of 2019: what you need to know[post_view before=""]

In 2017, the Government undertook to interrogate the Estate Agency Affairs Act and replace it with one it deemed more suitable. The result was the Property Practitioners Act (PPA), which came into effect on 1 February 2022. In this article, we’ll be touching on some of the highlights – or lowlights, depending on your point of view – of this new act.

Read More
Minors and immovable property
Contractual Matters

Suspensive conditions revisited in the Cape Royal case[post_view before=""]

South Africa’s law of contract provides several ways in which contracting parties can protect and enforce their contractual rights. The most essential principle of contract is party autonomy – parties to a contract are free to conclude what they have agreed to, and the courts have a duty to enforce this agreement as far as possible provided it is not against the law.

Read More
Property Blog Articles | Advice | Contractual Matters | Market News
Contractual Matters

Pay with complete peace of mind[post_view before=""]

With cybercrime on the increase globally, the team at Snymans is increasingly aware of the importance of safeguarding both our clients and our business against cyber criminals when it comes to making and receiving electronic payments. In fact, phishing crimes have become such a cause for concern in South Africa that the Legal Practitioners’ Fidelity Fund has declared that it will not make good on insurance claims arising from these types of crimes.

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.