Professional Documents
Culture Documents
(LB021)
LL.B (HONS) PART III AND IV
CONVEYANCING
EXAMINATION
NOVEMBER 2004
3 HOURS
Answer all Questions. NOTE when drafting documents devise your own
data unless it is supplied.
Question 1
1
f) Write a brief note on the differences between REAL and PERSONAL
RIGHTS with particular reference to the definition of a REAL Right as
defined in the Deeds Registries Act.
(5)
(a) Mention three instances where one may take out a Certificate of
Registered Title.
(3)
Question 3
2
and sold by Public Auction for the sum of $444 850 000.00. The sale in
execution was confirmed on the 22nd of August 2004.
You have now been instructed to attend to the Sheriff’s transfer to Flogan
Investments, trading as the Property People, a company duly registered in
terms of the laws of Zimbabwe of certain 1019 square metres of land called
Stand 4000 Ruwa Township of Dispute Estate situate in the District of
Goromonzi, held under Deed of Grant No. 1902444/99 dated the 12 th
December 1999.
There is no diagram annexed to the Deed of Grant, the diagram having been
dispensed with in terms of the Land Survey Act.
(c) List the supporting documents you would lodge with these documents.
(4)
(d) Calculate the total registration fees and duties paid in this registration.
(3)
(f) Draft the necessary extract of a resolution which the company would
need to execute should they wish to transfer the property to Peter
Ndlovu.
(2)
[25 marks]
Question 4
Phineas Maposa’s bond in favour of John Moneybags has been repaid in full.
He sells his property over which the said bond is registered to Lucy Graball. A
fire in the offices of John Moneybags destroys all the documents, including
the Deed of Transfer and Mortgage Bond in respect of the said property. John
Moneybags agrees to grant Lucy Graball a Bond over the property in
question. The terms are inter alia, that the capital and interest are to be repaid
over a period of ten (10) years and are payable monthly in arrear. The rate of
interest is to be 42% per annum. Mrs. Graball is given the right to repay the
Bond in full at any time subject to three (3) months’ written notice being given.
3
(a) Draw the application and declaration necessary to obtain the
replacement of the deed of transfer.
(12)
(b) In the procedure for the application for the cancellation of the destroyed
bond, what would be the significant difference?
(1)
(c) Draw:-
(d) Explain fully the difference between a cession of a bond for security
and a
cession of a bond for value. Illustrate your answer with examples.
(5)
[25 marks]