People & News

Mum on cost

The property law committee of the Pretoria Attorneys' Association last month expressed concern about the failure of a Deeds Office circular to address the cost implications of the recovery process and the administrative burden that attorneys and their clients would carry.

Last month conveyancers, financial institutions, local municipalities, provincial government offices and members of the general public who had paper copies of title deeds and other documents scanned between the two specified dates were asked in a circular to submit them to the Registrar of Deeds in Pretoria for rescanning. An agreement has been reached with all the major banks, in terms of which the Deeds Office would send task teams to each bank to scan title deeds and transfer and bond documents on site.

Full article on Business Report

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