Dictionary Conveyancing Terms

Property Law and Conveyancing Glossary of Terms

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Term

Definition

Guarantee

Guarantee A formal letter issued by a financial institution to the transferring attorney, undertaking to pay the purchase price (or outstanding amount) on registration of transfer of the property into the name of the buyer. Afrikaans - Waarborg

">Guarantee A formal letter issued by a financial institution to the Appointed by the seller to attend to the transfer of the property into the name of the buyer. Afrikaans - Oordragprokureur

">transferring attorney, undertaking to pay the purchase price (or outstanding amount) on The process whereby ownership of property transfers from the seller to the buyer via a Deed of Transfer. Afrikaans - Registrasie Van Oordrag

">registration of transfer of the property into the name of the buyer. Afrikaans - Waarborg

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Conveyancing Explained

Costs payable for the registration of a property and include transfer duty, conveyancing fees, and registration fees. Afrikaans - Oordrag Koste
">Transfer Costs

Property Transfer Process

Also referred to as the Agreement of Sale or Offer to Purchase. Afrikaans - Koopkontrak
">Deed of Sale Explained

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