LEGAL - DOCUMENTS
REQUIRED FOR TRANSFER
To enable the transferring attorney to effect a speedy transfer, you as the Buyer and Seller need to supply your agent with the following, which they will deliver to the relevant conveyancer.
In addition, proving the identity and address of the client is a requirement under the Financial Intelligence Centre Act, under which both estate agents and conveyencers are specifically bound by certain requirements.
Far too many property transaction are delayed or even lost due to simply not meeting documentation requirements. Why not get everything ready and in place ahead of time to ensure a hassle free sell or buy.
Please note that these lists do not include any documents which are required for finance purposes. For more detail on financing and documents go here
INDIVIDUALS
- Sales agreement accepted and signed by the Seller and the Purchaser
- Copies of ID documents by both parties.
- Copy of Marriage Certificate (if any)
- Copy of Antenuptial contract (if any)
- Proof of residential address (Water/ Lights account etc) for FICA requirements
- Copy of Divorce Order if Applicable
- Copy of Income Tax document reflecting Tax Ref. number.
- Title
Deed to the Property. If you have an existing bond then this will
automatically be obtained from the bank by the bond cancellation
attorneys
BUYING OR SELLING IN A CC OR PTY
- Sales agreement accepted and signed by the Seller and the Purchaser
- Proof of physical business address e.g. (Water/ Lights account) for FICA requirements
- Copy of documents reflecting company Income Tax Ref. number and VAT number
- Copy of CC / PTY registration confirmation of legal entity
- Copy of signed resolution by the company authorising purchase of the property
- Copies of all individual's personal documents as per first section - for each and every shareholder/director
- Title Deed to the Property. If you have an existing bond then this will automatically be obtained from the bank by the bond cancellation attorneys
BUYING OR SELLING IN A TRUST
Sales agreement accepted and signed by the Seller and the Purchaser - Proof of physical trust address e.g. (Water/ Lights account) for FICA requirements
- Copy of documents reflecting Trust Income Tax Ref. number and VAT number
- Copy of Trust Deed and Letter of Authority issued by the Master of the High Court to the trustees
- Copy of signed resolution by the Trustees authorising purchase of the property
- Copies of all individual's personal documents as per first section - for each and every Trustee
- Title Deed to the Property. If you have an existing bond then this will automatically be obtained from the bank by the bond cancellation attorneys
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