HOME OWNERS, DO YOU KNOW WHERE YOUR TITLE DEED IS…? NEW DEEDS OFFICE PROCEDURE FOR LOST DEEDS TO BE INTRODUCED IN 2020

HOME OWNERS, DO YOU KNOW WHERE YOUR TITLE DEED IS…? NEW DEEDS OFFICE PROCEDURE FOR LOST DEEDS TO BE INTRODUCED IN 2020

In order to answer the above question you must first ask “Do I have a bond registered over my property?” If the answer is YES, (even if the bond agreement amount has been paid in full) then the bank will be in possession of your Title Deed. HOWEVER if you purchased your property in cash or have cancelled your bond then you should know the location of your original Title Deed…

If you’re unsure, make an effort to find it NOW! If you seek and do not find then please contact us ASAP as the procedure for obtaining a duplicate original Title Deed will change as of 2 January 2020. The new procedure will involve newspaper advertising and will take approximately 2 months as opposed to 2 weeks (which could delay a potential transfer) and will cost you as the property owner substantially more.

Contact us for more information!

info@fha.law.za

 

  • On December 3, 2019
  • 60 Comments

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