What causes registration delays?
What can cause my transfer / bond registration to be delayed?
- 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.
818
Recommended for you
For many, the start of 2020 means a new property search, or in some cases a sale. Because there is so much to think about when embarking on this exciting process, the team at Snymans Inc have put together some of their top tips to help you on your journey.
Read More
The new year has just kicked off and now is the perfect time to put plans in place to buy your new dream home. If you’re wondering where to start, read on to get some advice from the experts…
Read More
A property transfer comes along with significant expenses, but being well informed about what registration and transfer costs you can expect to incur means that you can plan carefully and avoid any unpleasant and costly surprises.
Read More
There often comes a time when a beneficiary becomes entitled to take transfer of a property that is registered in the name of a trust. When this happens, there are a few options available to the trust in order to put this into effect.
Read More
The decision of who should be appointed as the executor of an estate can be made by the testator. While it is common for a single person to be appointed, it is also possible for a testator to appoint more than one person to share this role which can bring with it certain added complications.
Read More
