ACQUIRING PROPERTY IS AN IMPORTANT AND EXPENSIVE INVESTMENT
Conveyancers must ensure that:
- The transaction documents are 100% correct;
- The Seller owns the property and is capable of selling it;
- The Seller and Purchaser have the contractual capacity to sell and buy;
- The transaction is allowable in all respects.
WHAT YOUR ATTORNEY DOESN'T KNOW, CAN HURT YOU!!!
A Conveyancer is an attorney who specializes in all matters related to property law and who has:
- Qualified as an attorney after passing the necessary exams:
- Passed the necessary further conveyancing exam set by the Law Society;
- Been admitted as a conveyancer by the High Court of South Africa.
- Not all attorneys are qualified as conveyancers and only qualified conveyancers may register property transactions in the Deeds Office.
ASK YOURSELF THIS QUESTION:
Would you consult a GP if you needed a cardiologist? Similarly, only a conveyancer has the necessary expertise in all aspects of the property law. Using an attorney instead of a conveyancer may lead to bungled and late transfers which can cost you dearly in terms of:
- Interest continuing to run on the outstanding mortgage;
- Increased municipal rates and taxes;
- Risk that the bank withdraws the purchaser's bond approval;
- Complications with occupation/possession and the risks involved therein.
Make sure that you appoint a professional conveyancer to take care of your biggest investment.
Marie Van Coller Attorneys & Conveyancers