| Departments - Conveyancing |
| Sep 05 2010 2:55 AM |
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At Wendy Machanik Properties once a deal is concluded we pride ourselves in
doing everything possible to ensure the smooth finalization of the deal. It is
to this end that the conveyancing department goes beyond the call of duty to
ensure the clients complete satisfaction. Both the buyer and the seller receive
all necessary documentation. We ensure that every deal is followed up at least 3
times a month.
The conveyancing procedure is as
follows: |
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1. Instruction received from agent 2. Send off letters to purchaser,
seller and existing bondholder and request a Deeds Office
search 3. Draw transfer documents from the Deeds
Office search 4. On bond grant, get both parties to sign and call for
guarantees, and collect costs from the purchaser 5.
Request guarantees 6. On receipt of guarantees, send one
to existing bondholder 7. Cancel existing
bond 8. Obtain Rates Clearance Certificate 9. Obtain bond cancellation
figures 10. Lodge documents at Deeds Office 11. Final preparation for
registration 12. Bond registered This process takes
approximately 3-4 months from
start-to-finish
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