Agents have a role to play in preventing deed registration delays:
[an extract from an Article by: Cobus Odendaal, CEO of Lew Geffen Southeby’s Int. Realty in Johannesburg and Randburg – in in PORPERTY PROFESSIONAL – 21 October 2024]
Some years ago, South Africa’s Deeds Offices were highly criticised for being slow to transfer properties. Agencies in response, cited to buyers that it would take up to three months for their transfer to take place. The Deeds Offices have turned this around, and now indicate that it should take no more than 3 weeks maximum to process the documents … that is if all documents are in order.
… property transactions are known to be a protracted process with multiple steps and reams of documentation, often exacerbated by the potential minefield of suspensive conditions and contractual obligations. “Only once the deal is finally concluded and signed on the dotted line do people breathe a sigh of relief. However, the deal isn’t done until the transfer has actually happened, and the anticipated downhill cruise to transfer can still become an uphill battle if one isn’t careful.”
The Original, Full Article can be Viewed here → https://propertyprofessional.co.za/2024/10/21/agents-have-a-role-to-play-in-preventing-deed-registration-delays/