What do conveyancers do?

Conveyancers are trained to deal with issues relating to the law of real estate. They’re an extremely valuable resource when buying a new home. Ultimately, they’ll ensure that the Deed of Sale meets all legal requirements and assist you in the process of transferring ownership. Conveyancers in Ladysmith have expert knowledge regarding deposits, investments, property regulations and transfers.

How many conveyancing attorneys are involved in the process?

A typical property transfer will involve three conveyancers who fulfil different tasks. However, it depends on how the firm operates. The three types of conveyancers involved are: -Transferring attorneys – responsible for handling the initial transfer process. -Bond registration attorneys – responsible for handling the home loan. -Bond cancellation attorneys – responsible for cancelling an existing bond for the buyers’ previously owned property.

What costs is the client liable for during the process?

There isn’t one single fee for the process which means the client needs to budget for the following: -Estate agent commission -Rates and taxes -Electrical certificates

Who receives the interest on a property deposit?

Unless stated otherwise, the interest is paid to you after the transfer has been registered. Another option is to have both your estate agent and conveyancer in Ladysmith to arrange for it to be invested in an interest-bearing account. It’s a good idea to place it in the best short-term investment available.

What is “penalty interest” for bond cancellation?

It’s a compulsory requirement to give the bank 90 days’ written notice if you plan to settle a home loan. If you fail to do this, the bank will charge 90 days’ interest as a result of the missing notice. As soon as you supply your conveyancer in Ladysmith with the bond account number, they can give the bank notice on your behalf by applying for the cancellation figures. This is a great way to ensure that the 90 days’ notice is done properly.

At what point in the process do I sign the property transfer documents?

The property transfer documents get signed a few weeks after the sale agreement has been confirmed. Conveyancers in Ladysmith will usually wait until the bond is granted. This allows them to get the cancellation figures for the seller’s existing bond. Once they’ve completed those steps, they can guarantee authority forms will be completed and signed. Nevertheless, feel free to contact your conveyancer for an update. It’s their responsibility to keep you in the loop.

How long does it take for the property transfer to register?

The transfer period greatly depends on the circumstances and due dates for the bond grant. The average time frame for most sales is about three months from the date of sale. This means you should be prepared to wait a couple of weeks before occupying the property in Ladysmith. However, in instances where there are no complications, registration can happen within two months. For this reason, it’s advisable to stay in touch with your conveyancer and see how you can speed up the process.

Featured Conveyancers near Ladysmith

Jivan & Co Attorneys Conveyancers & Notaries

Services Ladysmith

Consult us First. We protect Your Rights!. We are long-established law firm and we offer a cost-effective and efficient legal service to all our clients. We have experienced staff and our premises are conveniently located outside the Gatew...

5 reviews

by Masigan, 076****378

Excellent service and friendly everything was explained properly,I'm very happy with their service.

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Keshav And Associates

Services Ladysmith

Through the thicket of law we will guide you. Keshav and Associates commenced business in 1991 as Attorneys . Ms Keshav practised as a sole practitioner until 2003 when she formed an association withby a team of Black Professional Attorneys, ...

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by Navrita, 076****262

Very professional. Lawyers are experienced and capable

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Shenaaz B Habib Attorneys & Conveyancers

Services Ladysmith

our firm is in existence for 22 years. We have a vast experience on various legal matters . We are constantly updated with legal changes, new cases and the Law reports. We are dynamic and dedicated. SHENAAZ B. HABIB & CO. ATTORNEYS AND CONVE...

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by Rebecca, 084****992

Absolute Service Excellence......Fast....Effective...and on point

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Bobat And Associates

Services Ladysmith

Call a lawyer who charges reasonably, is highly experienced and will get you results quickly!. With 30 years of experience, the firm has become a trusted household name. Since inception, Bobat and Associates has focused on a vision to d...

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by Riad, 072****568

Mr bobat has been my attorney for approx 10 years now, whether it's for business or personal related legal advice, has definitely been my go to person for expert and professional advice each and every time.

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Anusha Jedidiah Attorneys

Services Ladysmith

we are conveyancing and notary specialist. We do speedy property transfers, antenuptial contracts, winding up of deceased estates, apostilles, notarising, notary services. We are specialists in the area of conveyancing and notary services. F...

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by Keshnee, 082****403

Excellent service. Had my ANC contract done with Anusha. Speedy, professional and hassle free.

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Masisimani Attorneys And Conveyancers

Services Ladysmith

Our practice offers a range of services to include but not limited to Conveyancing ( Property Law) , Litigation, Law of Contract, Estates & Trusts, Labour law and family law. Our specialized legal pro. Masisimani Incorporated is a law pract...

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by Ntombi, 063****273

Best services ever.

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Raeesa Farouk Khan Attorneys

Services Ladysmith

RAEESA FAROUK KHAN ATTORNEY is a dynamic and independent legal practice situated in KwaZulu- Natal, provincial capital city of Pietermaritzburg. Raeesa Farouk Khan Attorney is a dynamic and independent legal practice situated in KwaZulu- Nat...

3 reviews

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Naicker & Naicker Attorneys

Services Ladysmith

1 review

by AZQ, 073****719

These attorneys know what they are doing .they picked up a loophole where you wouldn't think is there. They fight until their last drop of their blood.. Keep it up with good work

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Debbie Pillay Attorneys

Services Ladysmith

1 review

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Siva Chetty & Company

Services Ladysmith

1 review

by Rajesh, 084****710

Ecellkent service by attorney Darryn Barnabas . Highly recommended ,very Professional .

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Frequently Asked Questions

What do conveyancers do?
Conveyancers are trained to deal with issues relating to the law of real estate. They’re an extremely valuable resource when buying a new home. Ultimately, they’ll ensure that the Deed of Sale meets all legal requirements and assist you in the process of transferring ownership. Conveyancers in Ladysmith have expert knowledge regarding deposits, investments, property regulations and transfers.
How many conveyancing attorneys are involved in the process?
A typical property transfer will involve three conveyancers who fulfil different tasks. However, it depends on how the firm operates.

The three types of conveyancers involved are:

- Transferring attorneys – responsible for handling the initial transfer process.
- Bond registration attorneys – responsible for handling the home loan.
- Bond cancellation attorneys – responsible for cancelling an existing bond for the buyers’ previously owned property.
What costs is the client liable for during the process?
There isn’t one single fee for the process which means the client needs to budget for the following:

- Estate agent commission
- Rates and taxes
- Electrical certificates
Who receives the interest on a property deposit?
Unless stated otherwise, the interest is paid to you after the transfer has been registered. Another option is to have both your estate agent and conveyancer in Ladysmith to arrange for it to be invested in an interest-bearing account. It’s a good idea to place it in the best short-term investment available.
What is “penalty interest” for bond cancellation?
It’s a compulsory requirement to give the bank 90 days’ written notice if you plan to settle a home loan. If you fail to do this, the bank will charge 90 days’ interest as a result of the missing notice. As soon as you supply your conveyancer in Ladysmith with the bond account number, they can give the bank notice on your behalf by applying for the cancellation figures. This is a great way to ensure that the 90 days’ notice is done properly.
At what point in the process do I sign the property transfer documents?
The property transfer documents get signed a few weeks after the sale agreement has been confirmed. Conveyancers in Ladysmith will usually wait until the bond is granted. This allows them to get the cancellation figures for the seller’s existing bond. Once they’ve completed those steps, they can guarantee authority forms will be completed and signed. Nevertheless, feel free to contact your conveyancer for an update. It’s their responsibility to keep you in the loop.
How long does it take for the property transfer to register?
The transfer period greatly depends on the circumstances and due dates for the bond grant. The average time frame for most sales is about three months from the date of sale. This means you should be prepared to wait a couple of weeks before occupying the property in Ladysmith. However, in instances where there are no complications, registration can happen within two months. For this reason, it’s advisable to stay in touch with your conveyancer and see how you can speed up the process.

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What do conveyancers do?

How many conveyancing attorneys are involved in the process?

What costs is the client liable for during the process?

Who receives the interest on a property deposit?

What is “penalty interest” for bond cancellation?

At what point in the process do I sign the property transfer documents?

How long does it take for the property transfer to register?

Quote requests posted by other customers for conveyancers

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