sorry,i don't know how to edit.
i am currently in that city in a hotel.
i drove 500km this morning to this city to perform a coc quotation for this property. i wake up at 1am today.
but i can type it out :
rewiring material cost 39k
3 phase coc 2,5k x 3 7,5k
2 DB...
We didn't refuse at the beginning.
prior to transfer and two weeks after transfer (the first time the seller was informed of the missing COC), on both occasions the conveyancer agreed to do the COC on the seller's behalf and then forgot.
Thirteen months later, the attorney firm told us the COC...
coc quotation is at 59k.
yes, coc is required in our otp.
it's like loan offered by the seller, the transfer will go ahead and new owner pays monthly bond repayment ,and attorney office will keep new owner's title deed untill he paid everything he owed.
ownership transferred to new owner five...
We did ask our conveyancer to do COC on our behalf, and he accepted and then forgot about it.
The buyer admitted he had done partition and said all wirings he did are now reinstated in their original position. The main issue is it's hard to prove who did these illegal wirings.
And recently our...
we did ask our conveyancer to do coc on our behalf and he accepted and then forgot about it.
the buyer admitted he has done partition and said all wirings he did are now reinstated in its original position. the main issue is it's hard to prove who did these illegal wirings.
for the last two weeks we're facing a similar situation except our bill for firm's coc quotation is at R59000, same amount as the remainder of sellers sale's money that was withheld by the firm. even now the firm granted the seller to do his owns coc quotation the estimated coc should still be huge.
1) You're right about there being a COC requirement to be provided by the seller in deeds of sale (contract).
We're not sure if after major changes have been done to the wirings, it's still fair or doable for the seller to conduct a COC.
2)There's no occupational rent; he is the new owner...
but the attorney firm has withheld our last bond payment in the trust account.
she is determined to award our entire remaining bond money to the new owner otherwise the new owner will sue her firm and likely will win a substantial compensation.
the core issue is the attorney firm would be hold liable by the new owner as he is also a victim of having no coc upon transfer and the the new conveyancer is making a settlement to the new owner in sellers expense by awarding sellers last bond payment to the new owner in the name of paying off...
if under normal circumstance we the seller would be sitting pretty and not worried too much.
however, my attorney firm has withheld our last bond payment for the past four years.
Two weeks ago the new conveyancer sent us three emails, stating the seller is liable for the coc quotation amount...
i have left one info for simplicity.
there was a private mortgage bond registered over the title deed of this property. (new owner doesn't have enough money and couldn't get a loan soon enough,it was during the height of covid era, so, the attorney office will keep the title deed untill the...
five years ago.
but the new owner did request for coc from the start, when we realised our attorney didn't do coc for us it's too late as the new owner did all the changes to the wiring and plugs.