The Title Deed is a document that proves legal ownership of a property in South Africa.
Anyone who purchases a home will need to have the title deed transferred into their name as proof that they own the property. The document acts as proof of ownership in terms of the Deeds Registries Act 47 of 1937, with each property required to have its own separate deed. The document contains all the necessary details and important information about the property such as a comprehensive description and exact size.
The Financial Intelligence Centre Act (38 of 2001) (the FIC Act) came into effect on the 1st of July 2003 to help prevent illegal financial activity.
As a necessary part of this Act, the identity of any customer participating in any financial transaction through Amour Properties has to be verified.
– South African Green Barcoded ID Book / ID Smart-Card / Passport
– A valid document showing Proof of Residential Address (not older then 3 months) e. Utility Bill, Telephone Account
FICA Documents Required For Sale
– Both Seller & Purchaser must submit FICA documents
FICA Documents Required For Rental
– Both Landlord & Tenant must submit FICA documents