EXCHANGE & RECTIFICATION TRANSFER ATTORNEYS IN SOUTH AFRICA
Your Preferred Legal Partner In Exchange & Rectification Property Transfers In South Africa
WHAT DO EXCHANGE & RECTIFICATION TRANSFERS ENTAIL IN SOUTH AFRICAN LAW?
What is meant by Exchange Transfers?
A transfer arising from Exchange is the legal property transfer of land ownership whereby two or more parties exchange their ownership over different pieces of land. The transaction is called an Exchange of Property, as per the definition of Section 118 of the Transfer of Property Act, 1882. PM Attorneys act as the Qualified Intermediary (QI), defining the exchange rules and implementing the transfer.
What is meant by Rectification Transfer?
Rectification transfers rectify registration errors, such as property inadvertently omitted from a transfer deed. It serves as a remedy for parties when their written agreement does not reflect their intention. For a rectification transfer to succeed, a party must prove that the written document does not reflect the party’s intent.
PM ATTORNEYS’ EXCHANGE & RECTIFICATION TRANSFER SERVICES
At PM Attorneys, we specialise in offering the following conveyancing services specific to exchange & rectification transfers:
Property transfers subsequent to insolvency or a sale in execution;
The transfer of derelict land following a Court Application;
Exchange Transfers pursuant to an agreement between owners to exchange properties;
Rectification Transfers to amend deed registration mistakes, such as a property being inadvertently omitted from a deed of transfer.
Amendment applications to rectify errors in registered deeds, such as incorrect identity numbers or names of owners spelt incorrectly.
Prescribed applications for the registration of formal name changes of a person or legal a entity.
INSIST ON DEALING WITH EXPERIENCED TRANSFER LAWYERS
PM Attorneys are one of Pretoria’s leading property law firms, practising from their offices in Centurion. Our specialist Property Law firm has successfully been operating since 2008, delivering clients across South Africa with the best legal solutions based on experienced South African Property Laws and their successful interpretation. Rectification Transfers, exchanges and amendments are handled with the utmost urgency to ensure that registration errors are rectified on registered deeds. These may include properties omitted from a deed transfer or incorrect identity numbers/names of owners. Be sure to entrust and book a consultation with our Exchange & Rectification Transfer Attorneys In Pretoria.
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 exchange and rectification matters.
