Property Transfers
Whether you're buying or selling, a property we've got you covered
How it Works
01.
Buyer and Seller sign a Offer To Purchase (OTP)
02.
Niemann & Swart Inc appointed as Conveyancer
03.
Buyer secures financing (if applicable) and process of documents and information gathering commences.
04.
Transfer Duties, Rates & Taxes and Clearances are obtained and paid.
05.
Transfer docs lodged at Deed's office, and registration of property takes place within 8 -12 weeks.
Why use Us as your Property Attorneys
We ensure a smooth transfer of ownership by simplifying the entire process.
100% Transparency
Sign all documents online
We keep you up to date
Lightning fast response to any queries
Confidential and secure
Protection for all parties
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Need to know
Appointing a Conveyancer
In South Africa, property transfers must be handled by a conveyancer, who is a specialized attorney responsible for managing the legal aspects of the process. They ensure compliance with legal requirements, prepare necessary documents, and facilitate the registration of the property.
Transfer Duty Exemption
Properties valued below a certain threshold are exempt from transfer duty. The South African Revenue Service (SARS) periodically updates this threshold, so it's essential to check the current limits before purchasing a property.
Costs Involved
Buyers need to be aware of the additional costs, including transfer duty (a tax payable to SARS), conveyancing fees, and Deeds Office fees. These must be factored into the overall budget for purchasing the property.
Timeframes
The property transfer process typically takes between 8 to 12 weeks from the signing of the sale agreement to the registration of the property. Delays can occur due to financing approval, document errors, or issues with municipal compliance.
If you’d like more information about Property Transfers, get in touch today.