ENDORSEMENT REGISTRATION ATTORNEYS IN SOUTH AFRICA
Your Preferred Legal Partner In Property Endorsement Registrations
WHAT DOES ENDORSEMENT IN PROPERTY LAW RELATE TO IN SOUTH AFRICA?
Endorsements are restrictions on a specific property. An endorsement can be a mortgage bond, Interdict (caveat or attachment), mineral rights, section 25 absolute rights to extend, or any restrictions imposed on a property. Bonds, interdicts and mineral rights are the most common endorsements for a property.
Endorsement on a bond is usually to a financial institution.
An interdict in law is an official instruction from a court telling someone that they are forbidden to do something. In this case, transfer a property.
Each deeds registry office records all court interdicts and caveats registered against a property.
A property caveat is a legal document lodged to provide notice of a legal claim to property and allows no other transactions to be registered against the property in question until the caveat is resolved.
An Attachment interdict is a judicial attachment by a creditor of the property such as a bank and requires payment before the property transfer.
INSIST ON DEALING WITH EXPERIENCED ENDORSEMENT REGISTRATION LAWYERS
Whether you require to lodge an endorsement on a property or need to know about an endorsement, it is essential to understand each of the endorsements relevant to the property searched.
In cases where a property has an endorsement, the deeds registry will not permit the transfer of the property until the attachment interdict, for example, has been uplifted or caveat interdict has been dealt with. An experienced property law attorney will require necessary legal action to obtain the Interdict details from the deeds office as it could impact the decision to sell the property and/or delay the transfer of the property once sold.
PM Attorneys’ property lawyers, conveyancers, paralegals and secretaries boast years of extensive experience in development & property transfers, dispute resolutions, and property endorsements. Our team provides fast and effective, complete property law legal services to clients. Be sure to trust PM Attorneys’ professionals with your endorsement registrations.
PM Attorneys boast extensive experience, knowledge and years in practice, making us the preferred legal partner in South African Law. Contact us for professional, expert advice and effective legal solutions to your property endorsement registration matters.
