100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Conveyancing - LPL 4804 - Multiple choice memo - checked by a senior conveyancer R130,00   Add to cart

Exam (elaborations)

Conveyancing - LPL 4804 - Multiple choice memo - checked by a senior conveyancer

1 review
 74 views  6 purchases

Conveyancing - LPL 4804 - Multiple choice memo - checked by a senior conveyancer Repeat questions have been removed for your convenience

Preview 1 out of 23  pages

  • November 20, 2021
  • 23
  • 2021/2022
  • Exam (elaborations)
  • Questions & answers
All documents for this subject (61)

1  review

review-writer-avatar

By: esmereldavt19 • 3 year ago

avatar-seller
unisalawgraduate
OCT NOV 2020

1. Which one of the following statements is CORRECT?

1) A South African attorney (not practising in former Transkei) may validly sign the preparation
certificate of a deed of transfer.

2) A South African attorney (not practising in former Transkei) may validly sign the preparation
certificate of a mortgage bond.

3) A South African attorney (not practising in former Transkei) may validly sign the preparation
certificate of a certificate of registered title.

4) A South African attorney (not practising in former Transkei) may validly sign the preparation
certificate of a consent to cancellation of a mortgage bond.



2. Indicate the INCORRECT option on the online mark-reading sheet.

Conveyancer X is attending to the transfer of an immovable property sold for R1m. The
purchase price has been secured by bank guarantees, but conveyancer X’s financial
responsibilities require that he or she must also collect money for –

1) transfer duty

2) municipal rates clearance certificate

3) deeds office levies (fees)

4) electrical wiring repairs to the property



3. The process that lodged deeds follow through the deeds registry is as follows:

[1] lodgement counter, data printouts, sorters, 1st level examiner, sorter, chief examiner, prep
room, final interdict check, executions, numbering and sealing, noting all transfers in current
registers, updating computer records, final checking and cleaning of deeds, microfilm/scanning
the deeds and documents, delivery of registered deeds and documents to lodging conveyancers.

[2] lodgement counter, data printouts, sorters, 1st level examiner, sorter, chief examiner, return of
deeds and documents to lodging conveyancer for correction and re-lodgement within 3 days,
prep room, final interdict check, executions, numbering and sealing, noting all transfers in
current registers, updating computer records, final checking and cleaning of deeds,
microfilm/scanning the deeds and documents, delivery of registered deeds and documents to
lodging conveyancers.

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 EFT, 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 this summary from?

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

Will I be stuck with a subscription?

No, you only buy this summary for R130,00. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

67096 documents were sold in the last 30 days

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

Start selling
R130,00  6x  sold
  • (1)
  Buy now