A Title Deed is documentary proof of ownership in terms of the Deeds Registries Act 47 of 1937. Each property has its own separate Title Deed. It is an important document containing all the details pertaining to a particular property. These details inter alia include:
The name of the existing owner as well as the previous owners.
A detailed property description which includes size
The purchase price of the property paid by the existing owner
Conditions applicable to the zoning, use and sale of the land
All real rights and servitudes registered in respect of the property.
What is Conveyancing?
The term "CONVEYANCING" describes the legal process whereby a person, company, close corporation or trust becomes the registered and lawful owner of fixed property and ensures that such ownership cannot be challenged. It also encompasses the process of the registration of mortgage bonds. (See our brochure on "Mortgage Bonds").