How do I check title deeds in South Africa?
Searching for these documents online can be done at www.deeds.gov.za, my deed search South Africa or at DeedsWeb. DeedsWeb is the official site of the National Department of Rural Development and Land Reform. It disseminates information about all matters involving property ownership.
Can you sign a house over to someone?
It is possible to transfer the ownership of a property to a family member as a gift, meaning no money exchanges hands. This differs to a Transfer of Equity, where the owner remains on the title and simply adds someone else to it.
Do house deeds prove ownership?
Title deeds are documents which prove ownership of land or property. This means a record of your ownership is not held centrally at Land Registry. Your deeds may be held by a solicitor, a mortgage lender or by you, at home, or perhaps lodged at your bank. Unfortunately, title deeds are sometimes mislaid or destroyed.
How long does it take to get title deed?
The Deeds Office takes 10 days to deliver a title deed to the conveyancer after registration.
Is a deed of transfer the same as a title deed?
Basically it is exactly the same document. Title Deed is just a more common name that is used. The legal documentation submitted when transferring a property is called a Deed of Transfer. Next time you order a Title Deed and receive a Deed of Transfer, don’t be alarmed, they are the same document.
What happens if the deeds to my house are lost?
It is possible to carry out a search at the Land Registry, to locate your property and title number. An Official Copy of the register is the equivalent of a ‘title deed’ and so it will not matter if you lose this, a further copy can always be obtained from Land Registry, again for a small fee.
Who keeps original title deeds?
The owner of an immovable property will only receive the original Title Deed once they have paid off the home in full. However, if there is a bond registered on the property, the bank keeps the Title Deed in their custody until the home loan is paid off.
Can a house be sold without the deeds?
So, do you need the deeds to sell a house? It’s possible to sell or remortgage a house without the deeds, but you must prove you own the property to do so. If deeds have been lost or destroyed, the first port of call is to check whether the property is registered with the Land Registry.
What is difference between sale deed and transfer deed?
Only difference is in sale deed, property sells whereas conveyance can be done through gift/lease etc. Conveyance deed cover all sort of transfer by way of gift exchange lease etc. but whereas transfer by way of sale is only covered by sale deed. Both legally transfer ownership title in property to another.
Who keeps the deeds to your house?
mortgage lender
The title deeds to a property with a mortgage are usually kept by the mortgage lender. They will only be given to you once the mortgage has been paid in full. But, you can request copies of the deeds at any time.