 remained unchanged at 3.5%, which is quite unfortunate. We were speaking about it earlier on in the week saying that a lot of us, especially those of us who are managing our respective property portfolios, would have loved to see it go down, even if it was by 25 basis points. Well, we're going to have to see and monitor what the Reserve Bank is going to be saying in future weeks when it comes to this one. We do hope that anytime soon, we will be seeing that decrease in the repo rate. Well, this evening, we've got something very interesting to talk about. It's something that we actually haven't touched on. In order to, you know, a lot of our views, whether you're watching us on Facebook or YouTube, on Instagram or on Twitter, this is a topic that you're probably going to find very interesting and fascinating. We're looking at an expert guide to getting someone on and off a deed. We don't typically talk about title deeds. We've only brushed on them just slightly. So we're going to be getting a better perspective on why this document is even so important. We talk about it in passing. Sometimes people never really get to see a deed because you probably have properties that are always funded after seven to 10 years. Perhaps you can buy another property. So you really only have the bank's copy but never have your own one. So we'll also be looking at the importance of this deed, what goes into it. How do we then add people on or take somebody off, whether you've bought somebody out, or for example, in instances where it is their family home. And that is certainly something that you can look forward to. If you have any questions or comments when it comes to better understanding a deed, then do send them through. Something else that we always do here on the Private Property Podcast is of course our giveaway. Earlier this week, we celebrate 150 episodes of the Private Property Podcast and we give away that 1,000 cash prize. But because we're still in a given mood, we are giving away 500 grand cash prize every single episode for this week. So this evening, we will be announcing the lucky winner who's going to be walking away with that 500 grand in cash. And all you have to do is to of course enter the competition in the link below. If you're watching us from other social media platforms who are running this competition on our Facebook page and we want to know from you how the Private Property Podcast has impacted you and even informed some of the property decisions that you have made. Do share with us some of the things that you have learned along the journey with us for the past couple of months and who gets the chance of walking away with that 500 grand in cash. Remember, you have to be watching us live in order for you to claim that prize and you can walk away with that money. If you're not tuned in and picking up your hand once we have announced the winner, unfortunately, we'll go to the next person who hopefully will also be live and will be able to claim that prize. Well, that's it for us this evening. I think it's now time to get tucked in to our conversation. Somebody to help us better understand comings and goings when it comes to a deed. I'm joined this evening by Saquille Sbergo, who's the managing director at Sbergo Incorporated. Saquille, good evening and thank you so much for joining us. Good evening, Zama. Thank you for having me. It's only a pleasure. Saquille, before we even get to the logistics of how you get somebody on and perhaps explain to us what exactly is a deed? When you talk about a deed, what exactly are we talking about? Zama, a deed or a title deed. Remember when two people do a transaction when you buy or they say when you buy a property? There's a whole process which then follows and which unfolds. You get attorneys involved and we then register that property into a name. So the deed would be the document. That contains the property descriptions that would contain the information of the transaction when the property was sold from who he bought it for and for how much it was sold or bought for and when it was registered. So it then contains just basically all the details of the transaction and how it landed in your name. And then it's then registered at the deed's office and a number is allocated to it according to title deed number. If it's a sectional title to the sectional title and also if it was done in a certain year so you get that reference number and also the year in which it was registered. And you know, when you look at it, I remember when I bought the first couple of properties I actually didn't even request a copy from the bank. I think it was only after the fact that I requested the copy to actually just get a sense of how it looks like. And I think one of the big things with people who currently have a number of their properties perhaps bonded is so many people tend to not even see what goes into the title deed. And we don't really have a full understanding of what goes into it. It's probably after you've taken interest into it and looked into it, understand if there are restrictions, what are those restrictions that you become slightly more aware of what goes into the title deed. Perhaps just take us through very briefly about some of the key things that one would find in a title deed. I mean, you already touched on some of them as far as the information that you would find in it. But what are some of the key things that we should be looking out for? Especially, and I asked this question, especially when we explore a lot of the family houses I mean, there's so many scandals that we've had in the past couple of years where they title deed fraud and sometimes people want copies of their title deeds and they always have struggles with accessing them. And because you don't know how this document looks, somebody could give you something that they say is the title deed of a house and you as the party who not necessarily be able to properly authenticate it because you don't know about the deed's office and making sure that you verify the information there. So what are some of the key things that we should be looking out for in a title deed that would probably have us be slightly rest assured that that is an authentic document that we're looking at? All right, Zama. So what should we get then? On the first page, we get the title deed number and I think what's important is that if you want us to check if this title deed number indeed exists is that if you do perform a deed search using the software which is you get all the conveyances, you use certain software, but you can also just for the general public if you do go to the deed's office and you just give them the title deed number and they run a search and that search would give you the title deed. So this is one way of seeing if your title deed is actually a proper title deed and if the information that you treat would confirm that who owns the property and for how much it was bought for and when it was registered. So on the title deed, you will also have confirmation of the parties to the transaction, who the seller was. If it's like an RDP, then you will see who the transfer was. If it's the departments of housing, human sentiments or if John was selling to Jimmy, then it's all showing that John who was married to soon sold this property to this person. And what you'll also then get is the dates of the transaction. When the property was sold, you will get information but most importantly is the property description which you'll also pick up on the title of the full property description and when it was registered and at which office. Because in each province, we do have different offices. And I think, Saquille, to almost get into what we're looking at this evening, we're going to be exploring the guide to getting somebody on and off a title deed. Perhaps let's go through why somebody would be getting another party on and off a title deed. So if I own a particular property and the sole person on that particular title deed, what would then necessitate me adding somebody on my particular title deed of the whichever property that I would be owning at that time? Okay, so let's say you buy another property and you're unmarried or you just buying a property because you're alone. The reason why you want to add someone on the property is let's say you need to partner and although you're not yet married but you decide that look, how it's all this property together because they want to contribute. So it might be one reason that other factors when people then get married and you get married increment of property. Yes, by the operation of law that property will then also be part of the joint estate but certain people are not satisfied with just knowing that yes, we are married and therefore this property also belongs to me. Someone wants to see their name on the title deed because remember if you buy a property now and you get married three years later, your property's registered now it doesn't reflect your partner's details. And two years later you get married is this property forms part of the joint estate plans. We have not updated the details of the property. So this might also be one of the instances where you want to add someone else. So if people are married, then there would be certain applications that are section 45 of the Deans Registries Act but then if people are not married or married out of property, then your partner would then apply a half share so they'll be buying the half share. And in the same breath, the same applies when someone you bought a property together and now you want to get someone off the property because maybe there's been a breakdown in the relationship. Most things because there's a breakdown in the relationship and then you need to get this person off the tattoo. So these are the reasons and this is what gives a rise to this need of saying let me add this person or let me take this person off because the other relationship is good or relationship is bad. And you know, actually a couple of months around buying property when you are married in a community of property and one of the big things around that was as much as possible, you want to sign that anti-natural contract because more often than not, may mitigate when things do break down because the reality is relationships may break down and when there is a property in the equation it can get quite tricky to go your separate ways. And I think, especially to women, and I remember that episode, the guest that I had was also a woman and a lot of the examples you tend to find that women do tend to be shortchanged. But I think that was an interesting one to just explore other ways to safeguard the assets as a unit so that you can cushion yourselves as much as possible should something like that occur. Now, Sakile, I want you to look at what the best way to go about this. Let's first start with when we added somebody on a title deed. So you bought it when you were unmarried and you now have a partner and you've gotten married. What would be the best cause of action in order to ensure that their names are also added onto that title deed? Okay, so what's important is, firstly, we need to know how the people are married and the meritorious gene that applies to them. If people are married and come into a property, then we have to do an application. And that's application that they've been done in terms of your section 45. When you do the application and the property is then awarded to both spouses in equal shares, undivided equal shares. What's important to know about the section 45 application is that there's no transfer treaty payable. So it's by way of application and both parties with consents and both sign. And you know, we'll then fit and do the endorsements on the title so that it shows both parties. Also, again, if there's a change in the meritorious gene, you know, the matrimonial property system, if it's changed from inclusive property to out of community property, because remember sometimes people will get married in community property and then later on realize that, you know, this was not the best decision we made and then there's a whole court application when they're changing how they're married and then our changes, they change to out of community property. So with that also, we'll then also do this application, but the spouse who then takes the half share, remember this is a property that we both own and then we change and then I'm saying, okay, I'm gonna take this property and I'll be taking the half share, but then there's transfer treaties applicable. Similarly, when people are married out of community property and you want to buy the half share in your spouse's property, you then actually buy the half share because remember then you're married out of community property, but yours is yours and you're not sharing. So for you to have a share in your spouse's half share, in your spouse's whole share, you have to buy half of the property and we'll then go and do the endorsements. I am in conversation with Uthakila Subeva, who's a managing director at Subeva Incorporated and we're looking at an expert guide to getting someone on and off a title deed. Matters of a title deed can be quite tricky and I think sometimes can even be caused for quite a lot of conflict, especially when we're looking at family homes, that can be very highly contested. If you've ever had an issue with a title deed, you do share that experience with us and how you're able to best resolve it. Oftentimes, I only say this one, when it comes to legal matters, it is one of those things that you cannot kind of beat about the bush or think you can DIY it yourself. You do need to be an expert in order to make sure that everything is done as it should be. We're gonna go for a quick break and when we come back, we'll be looking at some of the mistakes people make when it comes to whether adding or taking somebody off a title deed because we have seen some of those things which can cause quite a lot of time delay and sometimes end up costing people quite a significant amount of money because of the mistakes that they made. We'll be exploring those and of course we'll be looking at your questions and comments and later on you can also look forward to us announcing that winner of the 500 grand cash prize in the winnings competition. We'll be back just after this. 53 of the Private Property Podcasts, I'm your host, Uza Mantungwa-Komalo. It's the first edition of the Private Property Podcast and this evening I'm joined by Uza Kiles-Bergels, Managing Director of Stable Incorporated. We're talking about something that a lot of us probably have a lot of question marks about. I've recently gotten very interested in part of deeds and understanding quite a lot of legalities around them and it's probably because of my own interest in the law course I was doing that I increasingly wanted to find out more about this one. But I'll take your questions and comments when it comes to this particular and I already see them coming through from our Facebook page. And one of the things that I wanted us to explore, Saquille, before we go to the questions and comments is what are some of the mistakes that you find people typically make when it comes to dealing with the title deed that you've essentially found? I think sometimes we often don't know what we don't know and we certainly also see people wanting to cut corners when it comes to dealing with things that have to do with houses. But this is one of those difficulties that you can't just try and cut a corner. So what have been some of the mistakes that you've sometimes seen people making when it comes to handling the issue of the title deed? Yeah. Well, one which comes into mind is because you've mentioned that would be the issue of family homes and mostly I think what you'll find is that a person passes on and remember what that person does, a person has lived in a state. So with that a state, maybe there was a property in that state and we obviously have to start with the administration of the deceased state. One thing that you see often happen is that the family would nominate someone to act as a representative of the state or as an executor. And oftentimes we then find that the executor would think just that virtually being executor or representative, they are entitled to the property and you see instances where that person then runs ahead and registers the property in their name. It's also one thing that has affected many people where they have to now go and undo these things and what do they do with the property and who do you register the property and whose names do you register the property to? I think that would be one of the issues and one of the common mistakes. We are of course taking your questions and comments here on the private property podcast. We're talking matters relating to title deeds. If you've ever found yourself in a very difficult position when it comes to that one, do you send us through? I see we've got a question here coming from Glech Shirenda on Facebook asking what happens in the process of lodgment and preparation and registration. So this is in the deeds office. What exactly is happening in that process of a property transaction? The lodgment, preparation and registration. Okay, so what only happens is that one of the conveyances have done everything that's supposed to do in preparing the documents and preparing the title because remember what happens before you get to lodgment, the parties will need to sell, one would sell, one would buy, they'll need a bond which is in place or if it's a cash deal then it's a cash deal. But when all the documents have been prepared and namely the draft or the document which would then be the title deed when it's the new title deed, when it has been prepared, when we've received the rate-carrying certificates, when you've received the transfer duty receipts for exemption, when all of those documents have been prepared, they are then shipped both to the deeds office for registration. Because remember, as the conveyance's offices, what happens is the preparation of the documents and then they're not registered as the conveyance's offices. They then go to the deeds office. When they get to the deeds office, when you submit, this is what is called the lodgment. So when the documents are submitted at the deeds office, they are then lodged. And when they are then lodged, they then go through examinants who are the people at the deeds office that go through the documents. You'll find in a batch if there's a bond to be registered. It will be a batch. Typically, you find a batch of three which will be the transfer documents. You'll find the bond registration documents and most of the time there's a bond that needs to be canceled. So you can also find bond cancellation documents and all of those documents go together in one batch. They then go through this process of being scrutinized to check compliance and if certain things have been done if the certificate is vetted and basically it's just to check compliance. And that is done by the registers that the examiners at the deeds office. Once it goes through all of the stages, the certain stages, stage one, two, three levels. So once it gets to the last level, it then goes out to PREP. When it goes to PREP, it means that it has passed all of the stages and then it needs to be put forward for registration. So meaning the examiners have examined and they're happy and this thing batch can then proceed to be registered. And this is what we call PREP. We say documents on PREP, it means that passed and now the next step is that you then go to the deeds office again, take the documents and take them to another section for registration and then submit these offers. And then this is when you submit for registration and then those documents are then registered and the title deed number is fixed and the transaction has been registered. But then what's important to know is that when they go into execution, which is the last stage, they get executed, but it does not mean that when the attorneys will call to say your property has been registered today that your title deed will come back today. There was still a data capturing process that happens at the deeds office where the documents have been scanned and numbered and then this is only then that they'll come back. Simply, it takes about a week or two often to be registered to come back out. We've got another question here from one of our regular viewers on our Facebook page. This one is coming from a friend of mine who asks, is it worth adding someone if you bought the property before you were married and does that not come with costs? Is the property not automatically split in half in the event of a divorce anyway? I think it's something that touched on earlier when I said that by the operation of the law, if you are married, if you marry someone in the community of property, by operation of the law, this property will then form part of the joint estate. Excuse me. And then the solution of the marriage other by death or divorce, it's all details in terms of the law. However, you still do get people who would not always be comfortable with just knowing that by operation of the law, on part of this property, you do get people that will still want to say, I wanna see my name on the actual title deed. And this is why you then have all the endorsements. Now, Sekile, before we wrap our conversation this evening, what tips would you share with viewers at home when it comes to handling their title deed matters, whether somebody's being added on or somebody's being taken off? What is something that they should always bear in mind when they're about to embark on that particular matter? I think something to always remember is that there are costs to these things. Whether you're adding or taking a person off, always consider the costs involved. It's not a simple process and you do need to get an attorney involved. You can't just scratch a person's name off. If there's a bond also on the property, you need to consider all of those factors and factor it in, you know, if you need to remove this person, this person is a code data. Obviously, you need to take over the bond. You need to look at your affordability. But also what's important is that way you see that I just went out of this property and this person is not giving me, you know, any joy in buying me out or me buying me out. You can always approach the court to get a court. So I seem to have lost Sekile there on my side. I'm not sure whether it is my connection or his. I'm just going to give it a moment there. Ask my colleague whether the connection is on my side. I know that I'm in the middle of nowhere. So it's very possible that the error might be on our side. And I think one of the big things that Sekile was echoing there is that it's so important to work with a professional because this is something that's going to incur cost that is illegal matter. So it isn't something that you should be taking lightly at all. So it becomes very important that you're always mindful of something like that because you could very easily, you know, end up doing something that's going to probably not go the way that you would like it to be. So it really is important that you work with the right team. And this is something that we emphasize quite a lot here on the private property podcast. The importance of making sure that you work with the, you know, with the right professional team, whether it's the attorney, whether it's a bond originator, whether it's a banker. So it's always so important to ensure that you work with the right team. And people who have the expertise to carry out whatever it is that you need done. Now the team has let me know that the connection era was on his side. I'm glad that the, you know, the connection gods as it were made it to the tail end of our conversation. And we're able to get through the really important aspects of what we need to bear in mind when you're talking about things that are relating to that title deed. Well, that's going to be it for our conversation this evening with the Sekile. Subego's the managing director of Subego Incorporated. We'll certainly invite him back again to, you know, look at legal matters and probably get into the intricacies of the title deed. Some of the, you know, one of the questions that I like asking guests when we get to title deed is, you know, restrictions on a title deed that inform what we can or cannot do with the particular property and how we can remedy doing some of the things that, you know, are not inclusive in that title deed. So what are the steps you need to follow in order to have those amended? Well, it is that time before we wrap up and, you know, end our conversation this evening where we give away that 500 giant cash prize. Now, as usual, I'm going to start off by reading the response that we got to remember. What we ask from you is to let us know how watching the private property podcast has impacted your life and what you have learned from watching these and just by virtue of answering that question and making sure that you tuned in live while we are now so when you send a chance of walking away with that 500 giant in cash. And this one goes, the UDZ Techs Incentive was totally a new thing to me, hearing Lady Barbara explaining for so much light, then these investments in different asset classes that topped everything. Before that episode, my mind was really not open to the option of investing in property at all, learning about passive and active investment, investing, investment working for me while I'm sleeping. Now that makes it even more interesting. Thank you, private property hashtag, low spatial rules and hashtag live podcast. And that great comment came from all my like Jozin on our Facebook page. So that is all my like Jozin. We're going to give him a minute or two to get to us and let us know that he is in fact, watching and claim that 500 giant in cash. Remember, that is how you make sure that you're able to walk away rather with that 500 giant cash prize that you have to be watching and make sure that you raise that hand while we are still live on air. So my like Jozin, if you're watching, then do make sure that you let us see you and I'm going to wait for the team to just let me know whether or not Omanzla is in fact live and watching us. And as we're waiting for Omanzla, remember you can also walk away with that 500 grand cash prize. All you have to do is enter the competition. We have shared the link on our Facebook page. So to all our viewers who are watching us on other social media platforms, we're running this particular competition on our Facebook page. So you'd have to go all the way there to enter that particular competition. And as you can see, you have to be watching us live in order to be able to claim the prize. So that's one of the very big terms and conditions when it comes to that particular competition. I'm going to give Omanzla the last few seconds to just let himself be known so that we're able to see whether he is in fact here and watching and in the event which is not I've already been sent a potential second runner-up as it were and hoping that they perhaps are in fact watching. So I'm going to wait for my colleague to just let me know whether Omanzla has let himself be known. I don't want to move too quickly. I'm also mindful that the connection in the boondos that I'm in is not that great. So it could very well be that they've communicated this to me, but we're still waiting. Now, before I'm going to give Omanzla the last 10 seconds of the team, the last 10 seconds to let me know if it's watching or not. And I see that having received anything from our team at home. So unfortunately, the team rather has not let me know that Omanzla is in fact watching. So unfortunately, Omanzla does forfeit that 500 grand cash and we're going to have to go to the next person. And that next person, and before we go there, I see one of my colleagues saying Omanzla and I think they're typing. And so they're saying that he's logged back in. I'm going to give it a few seconds. They are typing quite frantically. Well, the other colleague has actually let me know that Omanzla is not in fact available for us. So we're going to have to move to the next winner and the next potential winner. This one is, I'm going to say their name first in the event where they're on the Let Us Know. And this is Ukulufelo Hope Balo'i. That's Ukulufelo Hope Balo'i. And they wrote, I learned that you have to confirm your affordability and that before you consider investing in property, you have to get educated about the different strategies of property investment. Hashtag Private Property and Live Podcast. And that is Ukulufelo Hope Balo'i. Ukulufelo, if you are watching us live, then do Let Us Know and we will make sure that you might be the winner. But Ukulufelo, we are waiting for you to raise your hand. We're going to give Ukulufelo another minute to Let Us Know if they are on or not. And then we will see if they are on. And I think one of the big things that we are certainly realizing, and we like changing things up, when we look at competitions, we want to make sure that you don't just, when you haven't been watching us, have to be available to claim your prize and in the event where you are in fact watching us, then you get to walk away with that prize. And I think we might actually do this with all competitions going forward. And it can be very admin intensive. But by the third time, we still don't get it. Maybe we'll make it roll over or we'll choose to win this tomorrow. Sort of up the stakes a little bit and end off on a high. So we are waiting for that, the latest potential winner of that 500 grand cash prize. That is Ukulufelo Hope Balui. We are waiting to hear from you if you are live. I'm also waiting for the team to let me know if Ukulufelo is in fact live with us. And as we wait for Ukulufelo, I do want to urge you to engage with us on our social media platforms. It's so important that we keep the conversation going whether it's on our Twitter platform right here on Facebook. And a lot of you always continue the conversation even below the episodes and the various comments which is so important because it really is a way for us to be able to learn from each other as we unpack everything relating to property. I see Ukulufelo is also not watching. So they also get to forfeit. The last person who can potentially win, I'll also say their name first in Greek, they've written quite a bit. And I really love what they have written here. And in the event where they're not live, we're in the event where they're not watching us live, then we're going to have to roll this one over to tomorrow and potentially do two giveaways tomorrow. Because we did promise that we're going to be doing them for the whole week. So we're not going to miss a beat. So tomorrow probably give away two. So remember the big thing, if you're going to enter the competition, you need to be watching live because your name could be called. Now the next person is Ulitaba More. Ulitaba More or more. I'm sorry if I'm pronouncing your surname incorrectly. And Ulitaba wrote, I must say I've learned a lot from the live podcast, especially the previous one, talking about the responsibilities of both the tenant and the property owner. As a tenant, I've realized that some owners have advantage of their tenants and we as tenants lack knowledge about our rights. Sometimes I would repair things which were supposed to be fixed by the owner, like plumbing and electrical problems due to that specific podcast I have learned a lot and actually approached the owner to discuss the situation and due to that my rent has been slashed till the money I've paid for those services is back in my pocket. Thanks to private property, hashtag the private property and the live podcast. I love that. And that's exactly the type of intention that we have for this podcast that whether you're a tenant, whether you're a landlord, you're able to be empowered to speak to your tenants or speak to your landlord on issues that you learn here on the podcast. And I think it's also quite great that this I was actually able to even save essentially money and that rental has been slashed. I think when we look at the tough financial times that we're finding ourselves in right now, we want to make sure that you save every round that you have. So we're gonna wait for a little bit, see if Lisaba is going to respond. We don't hear from Lisaba in the next minute. We are going to roll this over to tomorrow. Remember the only way you can walk away with this cash prize is that you have to be watching. You need to be watching in order to be able to claim it. And you really have about a two, maybe at both the three minute window period to be able to claim it, failing which we then move on to the next person. So it's very important that you are watching us live and are able to engage with us. So you walk away with that cash prize. And that is Uli Taiba Mora who's really shared such an incredible testimonial to how watching the live podcast and even one of the most recent ones that we had last week and how that essentially helped them get a reduction in their rental as they've been covering for issues that the landlord has had to cover for. Now I've heard from my colleague, they've said that Lisaba unfortunately is also not on. I don't know what it is. Maybe it's Thursday, maybe it's because I'm not introvert. I'm not where I usually do the podcast. So is this what happens when I decide to leave town and do the podcast from another part of the country? Well, we're going to have to leave it there for now. And as promised, we are going to do two giveaways tomorrow. So the very big thing is gonna be giving away two 500 grand cash prizes tomorrow because we did promise that we'll be doing them throughout the week. You want to make sure that you watch, especially if you know that you've entered the competition, make sure that you watch the live podcast because you could walk away with that 500 grand in cash. Well, folks, that's it for me. Zaman Dunwar here on the private property podcast. It has been a pleasure. And of course, even chatting to my guest earlier this evening was Akhila Subego, the managing director of Subego Incorporated on all things relating to title deeds and better understanding how to navigate it if you have to add somebody and take somebody off that title deed. I do promise that we will invite him back on the show. It was really great having him. And I think that having a better understanding on legal matters when it comes to property is so important. While we're gonna leave it there this evening on the private property podcast from us and the team, we're going to be back on your screens tomorrow evening at 7 p.m. As usual, I'm hoping you're staying home and staying safe. Besides the beautiful beaches, sunny skies and how central everything is, what I already love about Amsrunga is becoming immersed in the culture. You will find people connecting in the most authentic spaces. It's just got this mild to it. It's hard to think that only a few years ago, these business parks and homes were mostly sugarcane. The rate that this area has been developed at is truly mind-blowing, especially with the fast pace of life these days. We're really proud of ourselves in being that bright spot in a person's day. You'll see everything from advocates and CEOs to creatives and students who pop into our spot for that short moment to escape. There's just so much life and energy in this area. And after a hectic week, there's nothing better than stopping in at my Edgecombe Country Club for a relaxed round of golf. The beauty and serenity that their state office really inspires me. There's honestly no place I'd rather live. That's my Amsrunga.