Connect with us

The dangers of buying an RDP

News

The dangers of buying an RDP

Dangers of buying RDP houses

Here are the dangers of buying RDP houses

A title deed is issued according to the legitimate beneficiary and if you buy the house, it will still belong to the rightful owner and it’s not easy to change the title deed if the house was sold out a period of eight years.

*The beneficiary is entitled to indicate in a will who will inherit the property when he/she dies, but if death occurred without leaving a will, the department of human settlements has on record names of dependents who are entitled to live or take over the house.

*Sometimes greedy beneficiaries have a scam of selling a house privately to more than five people because the title deed is still under his/her name.
There are citizens who buy houses through lawyers. signing papers and moved in, but still they do not own the house lawfully because they are supposed to wait for eight years to change the title deed.

There are citizens who buy houses through lawyers. signing papers and moved in, but still they do not own the house lawfully because they are supposed to wait for eight years to change the title deed.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

More in News

To Top