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

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

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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.

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