This guide will assist you in explaining to your purchaser, requiring a bond, the bond registration process. Completion of this course results in 1 Non-Verifiable CPD Point.

We have a moral and statutory obligation to provide our clients with information. We cannot assume that they know or understand the process of bond registration.

We often neglect this part of the transaction which is equally stressful for the clients. The MCBondGuide sets out the legalese and process from the moment the contract is concluded and the purchaser applies for the loan. The purpose of the MCBondGuide is to provide you with a simple but thorough explanation of the common terms, procedures, legislation and time lines relating to the bond registration process.

Please read through our MCBondGuide and complete the assessment, as this is a compilation of the most important stumbling blocks your purchaser may encounter in the bond registration process that lies ahead. We trust that the information contained in this guide will be of value to you and your client and assist you through the labyrinth of laws, rules, regulations and financial institutions’ requirements that accompany the bond registration process.

Kindly also see the other guides in this series which addresses other issues for the seller and purchaser respectively at different stages in the timeline of the transaction. 


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