Deceased estate transfers
When a property forms part of a deceased estate, it must be transferred to the heirs or to a purchaser through the estate, in compliance with the Administration of Estates Act. This process requires the involvement of the executor and cooperation with the estate's administration, and is coordinated closely with our deceased estates division.
Donations
Transferring property as a donation still requires formal registration at the Deeds Office and carries its own tax considerations, including donations tax payable to SARS. A properly drafted donation agreement protects both donor and recipient.
Subdivisions and consolidations
Where a property is being subdivided into separate erven, or two or more properties are being consolidated into one, this requires municipal approval and a surveyor-general diagram before the Deeds Office registration can proceed.
Title deed corrections and endorsements
Errors in a title deed, changes of name, or the removal of an expired bond or restrictive condition can usually be addressed through a formal endorsement or correction application, rather than a full transfer.
Transfers into a trust or company
Moving a privately owned property into a trust or company structure is a formal transfer for legal purposes, with its own costs and tax implications, and should be planned with both legal and tax advice in mind.
AJ van Tonder Inc Attorneys