WHAT IS A TITLE DEED OF IMMOVABLE PROPERTY:
Title deed is a registered legal document that proves ownership of a specific piece of immovable property, such as land, a house, a flat or office.
Here are some key points about title deeds in South Africa:
- Proof of Ownership: The title deed serves as the official proof that You Own the property.
- Registration: It is registered at the Deeds Office and the Registrar of Deeds must sign the transfer to make it official.
- Conveyancer’s Role: A conveyancer, who is a lawyer specializing in property transfers, assists in the transferring the title deed into the new owner’s name.
- Public Record: The Deeds Office keeps a copy of the title deed and it is accessible to the public for information on property ownership, rules and conditions.
INFO added by: Meryl Muller
Real Estate Partners: October 2024