6. Registered deeds not to be cancelled except upon an order of court
6. Registered deeds not to be cancelled except upon an order of court.—(1) Save as is otherwise provided in this Act or in any other law no registered deed of grant, deed of transfer, certificate of title or other deed conferring or conveying title to land, or any real right in land other than a An agreement between the customer and a bank in the form of a homeloan, whereby the property is used as the security for the loan. It is a legal document that pledges a property to the lender as security for payment of a debt. Afrikaans - Verband
">mortgage bond, and no A document signed by the borrower, ceding their life policy to the bank, as surety for a mortgage. Afrikaans - Sessie ">cession of any registered bond not made as Collateral for the bank that a client pledges in case they default on their mortgage payment. Afrikaans - Sekuriteit ">security, shall be cancelled by a registrar except upon an order of Court.(2) Upon the cancellation of any deed conferring or conveying title to land or any real right in land other than a mortgage bond as provided for in subsection (1), the deed under which the land or such real right in land was held immediately prior to the registration of the deed which is cancelled, shall be revived to the extent of such cancellation, and the registrar shall cancel the relevant A note made on the title deed of a property by the Registrar of Deeds. Afrikaans - Endossement
">endorsement thereon evidencing the registration of the cancelled deed.
