100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Conveyancing (LPL4804) Exam memos from May/June 2018 - Oct/Nov 2019 $17.03   Add to cart

Exam (elaborations)

Conveyancing (LPL4804) Exam memos from May/June 2018 - Oct/Nov 2019

 424 views  5 purchases
  • Course
  • Institution

Conveyancing (LPL4804) past exam questions and answers from May/June 2018 - Oct/Nov 2019

Preview 1 out of 29  pages

  • June 21, 2020
  • 29
  • 2019/2020
  • Exam (elaborations)
  • Unknown
avatar-seller
CONVEYANCING (LPL4804) Exam Memos from May/June 2018 – Oct/Nov 2019


OCT/NOV 2019
Question 1: [20]
Indicate the correct option. ((4) x 5 = [20])
1.1 a) One of the negative characteristics of the South African deeds registration system is that
there is minimal state intervention or involvement.
b) One of the negative characteristics of the South African deeds registration system is that
the public often guarantee their immovable property rights by taking out private insurance.
c) One of the negative characteristics of the South African deeds registration system is that
there is no link to a cadastral system of maps and diagrams.
d) One of the negative characteristics of the South African deeds registration system is that
the state provides no guarantees to bona fide third parties regarding the accuracy of the
state property register.

1.2 The South African deeds registration system is –

a) a negative registration system,
b) a positive registration system,
c) nominally negative with some positive characteristics,
d) nominally positive with some negative characteristics.

1.3 Either an attorney, a notary, a conveyancer or in some instances, a state official may sign –

a) the preparation certificate on a consent to cancellation,
b) the preparation certificate on a draft deed of transfer,
c) the preparation certificate on a mortgage bond,
d) the preparation certificate on a partition transfer deed.

1.4 X is the registered owner of Erf 333 Soweto, which is subject to two R500 000 mortgage
bonds in favour of ABC Bank. X is dissatisfied with service at ABC Bank. X has been offered
R1m mortgage finance by ZZ Bank at a better interest rate. Accordingly, your instruction as
conveyancer is to cancel the existing ABC Bank bonds and to register a new bond for R1m
in favour of ZZ Bank.

a) This lodgement batch will consist of at least two linked transactions.
b) This lodgement batch will contain at least three linked transactions.
c) This lodgement batch will contain at least four linked transactions.
d) This will be a single (solo) transaction.
1.5 Which of the following statements is NOT a general format requirement for deeds and
documents to be lodged in a South African deeds registry?
a) Good quality A4 paper to be used
b) Blank spaces must be ruled through
c) Only blue ink to be used
d) All interlineations and alternations must be initialled or signed in full

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller kirsty100. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $17.03. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

75632 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$17.03  5x  sold
  • (0)
  Add to cart