Cape Coastal Homes Logo
You are here: Cape Coastal Homes / Latest News / Timing In Agreements Year End Always Creates Delays In Property Transfers

Timing In Agreements: Year-End Always Creates Delays In Property Transfers

SHOWING ARTICLE 431 OF 1096
GALLERY

Timing In Agreements: Year-End Always Creates Delays In Property Transfers

As we approach the festive season, remember to pay close attention to the dates inserted in agreements for the sale or purchase of immovable property.
It is prudent to arrange that the due dates for payment of a deposit, obtaining bond approval and guarantees do not fall too close to public holidays as many people are on leave. In addition, role-players such as the deeds office, SARS and municipalities either close or operate with a skeleton staff and suggested registration dates should take these factors into account. 

Attention to these details will manage the expectation of all the parties concerned and may prevent the failure of agreements due to the non-compliance with the due date obligations. 

Author STBB
Published 08 Nov 2018 / Views -
Disclaimer:  While every effort will be made to ensure that the information contained within the Cape Coastal Homes website is accurate and up to date, Cape Coastal Homes makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.