Cape Town is eradicating the backlog that exists with title deed transfers linked to older housing projects, at a rapid pace.
According to Benedicta van Minnen, Mayoral Committee Member for Human Settlements, City of Cape Town, over 25 000 historic title deeds were identified for transfer; however almost 10 000 from older housing projects still have to be done.
Van Minnen says, “The city is intensifying its efforts to address outstanding transfers. The challenge is finding the relevant information pertinent to each beneficiary as some beneficiaries are untraceable.”
She explains that an estimated 900 000 South Africans who reside in government-subsidised housing are not in possession of title deed documents. A formal title deed of ownership will unlock further economic opportunities for the beneficiaries. “Transfering title deeds is possibly one of the greatest methods of bringing redress to residents previously prohibited from owning property.
Our officials have gone beyond the call of duty, individually tracking down a vast number of beneficiaries when, for instance, it was found that sale agreements had not been signed, documents were missing, or application forms were incomplete. These factors had all contributed to transfer delays.”
“It has been quite an achievement. The issuing of a title deed is the result of a very laborious process as can also be seen in other parts of the country, such as the Nelson Mandela Bay Metro, which has approximately 50 000 outstanding title deeds,” says van Minnen.