Purchasers reneging on an Offer to Purchase
In terms of our Law, the Alienation of Land Act, no sale of land shall be of any force or effect unless it is in writing and signed by the Seller and Purchaser. This document is called an Offer to Purchase which constitutes an agreement of sale once signed by Seller and Purchaser. The agreement of… Read more »
Read Complete Article >The South African Conveyancing Procedure
South Africa has one of the best ‘systems’ for the transfer of property from one person to another, however it may seem complicated to some so I thought I’d try and run through the basic process to give a better understanding of it all.
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