BAP Blog
Deeds office strike: bad news for property
Deeds office strike: bad news for property
RealEstate web - South Africa
Current turnaround time for deeds is 13 - 14 working days, going to get worse. The nationwide civil servants' strike has hit the property market with workers at deeds registry offices around the country joining the strike.
Conveyancers were advised on August 16 by the Deeds Office that the current turnaround time for deeds was 13 - 14 working days - that is from the time deeds are lodged until the deeds have been through the full examination process and are up for registration. The regulation time should be 10 working days.
However from Thursday (August 19), only conveyances registering matters that were handed in the previous day for registration were allowed access to the building. Clerks and members of the public were denied access to the building. As such the deeds office took in no new lodgments and all firms received no new advice of matters that are up for registration.
I received this in a newsletter from: MARTO LAFITTE & ASSOCIATES INC.
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