Conveyancing
The conveyancing process consists of the registration of transfer of the property sold, to the buyer, the cancellation of the existing bond, and the registration of a new bond (where the purchase price is secured by means of a bond).
Sellers
Selecting the right agent for your property and your area is a vital aspect of the selling process. At AMC Hunter Inc. we deal with hundreds of estate agents in and around KwaZulu-Natal. Give us a call and we will assist you in the selection of the estate agent best suited to serve your needs.
As part of the service we offer our clients, we will gladly review any mandates you may have been asked to sign, to ensure that you are adequately protected and that a proper marketing plan is in place. This service is free of charge should we be nominated as your conveyancers on the sale of your property. Click here to read more on mandates and download sample mandates.
Carefully scrutinise any offer to purchase before you commit yourself. As part of our on-going service, we will peruse any offer to purchase you receive to ensure that you are adequately protected. We will make changes to the agreement that are necessary to protect you, but also to avoid any delays with the registration of property transfer. This is at no charge to you, as the purchaser is liable to pay our fees upon transfer of your property.
Selling Privately
As experienced property lawyers, we are happy to assist and advise clients who either buy or sell property privately. We assist with negotiations and advise on property finance/bonds, and the best way to structure your property transaction.
Using an Estate Agent
As a firm specialising in property law, we are experienced in checking any offer to purchase that you receive from an estate agent, and will advise on the legalities of the sale agreement.
Buyers
Establish a relationship with a reputable estate agency or agent in the area. Most agencies have a large selection of properties on their books. AMC Hunter Inc. can direct you to the top-performing agents within your area. We will also advise you on the best way to structure your purchase, and bond finance.
AMC Hunter Inc. deals with all the major banks, so we know and understand their lending criteria. We can also put you in touch with reputable bond originators, who will be able to give you a good idea of the bond you will qualify for, before you submit an offer to purchase. For a rough estimate of what you can afford, use our bond repayments calculator.
What Is A Conveyancer?
A Conveyancer is an attorney (who has passed the national conveyancing examination) is the only person (by law) who can register a property transfer.
Conveyancing is the process whereby the legal title of a property is transferred from one party to another. Every time a property is sold – a new deed of transfer must be drawn up and registered.
There are three types of conveyancers involved in the property buy/sell process:
Transfer Attorney
Appointed by the seller, this conveyancer transfers the property from the seller to the purchaser.
Bond Attorney
Representing the buyer and the bank (granting the loan, this conveyancer is appointed by the bank and register the bond over the property.
Cancellation Attorney
Appointed by the bank (cancelling the seller’s bond), this conveyancer cancel the seller’s exsisting home loan