CAHF has recently piloted a Transactions Support Centre (TSC) in Khayelitsha, Cape Town, to facilitate formal residential property market transactions in the affordable housing market. The TSC coordinates and offers the range of critical services that enable households to transact formally in the residential resale market. In doing this, the Centre focuses on making the current regulatory and administrative framework for property transactions work efficiently, in terms of both time and cost for the buyers and sellers of residential property in Khayelitsha.
In order to assist buyers and sellers of residential property, this document clearly lays out the processes involved in the transaction – from the perspective of the buyer, and the seller. By way of a simple infographic, it covers the steps to be taken before the deed of sale is signed, and after the deed of sale is signed.
The TSC was established with the support from: