Receipt of instructions from the Bank for bond registration
Instructions received electronically
Deeds Office Search
Contact client to confirm receipt of the instructions and request any documents required
Confirm with client if details on Mortgage Loan Agreement are correct
Obtain contact details of the Transfer Attorneys
Request draft deed and guarantee requirements from the Transfer Attorneys
On receipt of the draft deed and guarantee requirements prepare documents for signature
Contact the client and arrange for signature of the documents and payment of the bond registration costs
Send guarantee(s) to the Transfer Attorneys
Obtain all documents to comply with bond registration conditions
Send documents to the Bank in order to obtain a proceed to lodge
Obtain a proceed to lodge from the Bank
Arrange lodgement in the Deeds Office with Transfer Attorneys and Bond Cancellation Attorneys
Examination Process takes seven to ten working days
Bond registration process is complete
Deeds Office Releases Mortgage Bond
Transfer Attorneys send Title Deed to Bond Attorneys
Bond Attorneys deliver Mortgage Bond and Title Deed to the Bank
Need help with conveyancing?
At Denoon Sampson Ndlovu, we ensure that smooth property transfer processes take place.
Fast forward your property transfer by avoiding potentially costly pitfalls with hands on conveyancing attorneys.