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APPLYING FOR A "VERLORE AKTE"

applying for a verlore akte - STBB

• The procedure for applying for a VA (“verlore akte”) copy of a lost title deed or mortgage bond  is now more complicated due to an advertisement having to be placed in the local newspaper circulating in the rea in which the property is situated.

• Owners of properties are therefore encouraged to look for their  title deed to ascertain whether it is an original or not. If your property is un-bonded, you should be in possession of the original title deed. If your property is bonded, it will be held by the bank as security.

• Should you discover that your title deed is lost or misplaced and you intend selling or bonding your property, you will need to apply for a duplicate original.

• STBB can assist you with this process and it will save a delay down the line when you sell your property since transfer cannot be passed with such original.

Contact Lauren Smith at laurens@stbb.co.za for more information.

www.stbb.co.za

021 673 4700

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