Conveyancing in South Africa usually takes about two to three months from the signed offer to purchase to registration in the buyer's name. It can be quicker for a cash sale with no bond, and longer when there are delays with banks, the municipality, or SARS.
The main stages of the property transfer process
- The offer to purchase is signed and conditions, such as bond approval, are met
- The conveyancer requests the title deed and bond cancellation figures
- Buyer and seller sign the transfer documents
- Transfer duty is paid to SARS and a rates clearance certificate is obtained
- The deeds are lodged at the Deeds Office, together with any bond documents
- The Deeds Office examines the deeds, and registration follows
Common delays include waiting for bond approval, municipal clearance figures, missing compliance certificates, and errors found during the Deeds Office examination. Signing documents and paying amounts quickly is the simplest way to keep the transfer moving.
This answer is general information about South African law and does not create an attorney and client relationship. Please speak to the firm about your specific matter.