Articles

The Process of Opening and Closing a Rates Account with the Municipality

The property is registered at the Deeds Office into the name of the purchaser; The transferring attorneys send a letter to the municipality stating that registration has occurred; Within eight weeks of registration of the property, the Deeds Office sends information via direct link to the municipality so that they may update their systems; The […]

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Subdividing Your Property

We focus on the final processes of subdividing your property, taking the process forward from the town planning to the final registrations in the deeds office. Why subdivide your property? Get 2 properties for the price of one; Transfer a separate property to each of your children to provide security and keep the family close

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The Ineffective Property Condition Report is not legal and should be replaced

When a disgruntled purchaser telephoned one of our conveyancers to complain that the “Property Condition Report was contradictory and therefore, a completely useless document”; we were not surprised. He was referring to the seller who had stated in writing that he was not aware of any damp, despite the fact that there was a large

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What is FICA and why must I provide it?

It is compulsory under The Financial Intelligence Centre Act(FICA) and is aimed at eliminating Money Laundering and financial fraud. FICA compels “accountable institutions”, such as banks and attorneys to physically identify and verify their customers. Accountable institutions are also required by law to report “suspicious and unusual” transactions as well is any cash deposits in

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