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Supplemental Deed
"I need a Supplemental Deed to modify the mortgage terms on our commercial property in Cape Town, extending the repayment period by 5 years and adjusting the interest rate, with the changes to take effect from March 1, 2025."
1. Parties: Full details of all parties to the supplemental deed, including registration numbers for companies or ID numbers for individuals
2. Background: Recitals explaining the context of the original deed and the need for supplementation
3. Definitions: Definitions of terms used in the deed, including reference to definitions in the original deed that remain applicable
4. Reference to Original Deed: Specific identification of the original deed being supplemented, including its date and registration details
5. Authority and Capacity: Confirmation of the parties' authority and capacity to enter into the supplemental deed
6. Amendments or Additions: Clear articulation of the specific changes, additions or amendments being made to the original deed
7. Effect on Original Deed: Statement on how the supplemental deed affects the original deed and which provisions remain in force
8. Registration Provisions: Provisions relating to the registration of the supplemental deed in the Deeds Registry
9. Execution: Formal execution clause meeting the requirements of South African law
1. Conditions Precedent: Required when the supplemental deed is subject to fulfillment of certain conditions before becoming effective
2. Consents: Include when third-party consents are required for the supplemental deed to be effective
3. Securities: Required when the supplemental deed affects existing securities or creates new security arrangements
4. Costs: Include when there's a need to specify responsibility for costs related to the preparation and registration of the supplemental deed
5. Governing Law and Jurisdiction: May be included if there are cross-border elements or specific jurisdiction requirements
1. Original Deed: Copy of the original deed being supplemented
2. Property Description: Detailed description of any property involved, including diagrams if required
3. Resolution: Corporate resolutions or other authorizations if parties are companies
4. Consents: Copies of any required third-party consents
5. Powers of Attorney: If applicable, powers of attorney authorizing signatories to act on behalf of parties
Authors
Original Deed
Property
Register
Registrar
Deeds Office
Amendment
Parties
Principal Agreement
Registration Date
Supplemental Terms
Transfer Date
Bond
Mortgagor
Mortgagee
Permitted Use
Registered Owner
Title Deed
Transfer Duty
Signature Date
Implementation Date
Supplemental Provisions
Applicable Laws
Business Day
Consent
Encumbrance
Material Adverse Effect
Security Interest
Supplemental Period
Recordal Date
Recordal
Amendment
Incorporation
Registration
Representations and Warranties
Conditions Precedent
Implementation
Costs
Notices
Authority
Breach
Dispute Resolution
Governing Law
Entire Agreement
Severability
Variation
Waiver
Assignment
Force Majeure
Execution
Third Party Rights
Compliance with Laws
Counterparts
Registration Requirements
Original Deed Effect
Security
Consents
Property Description
Title Warranty
Real Estate
Banking & Finance
Property Development
Construction
Mining
Agriculture
Commercial Property
Residential Property
Public Sector
Infrastructure
Legal
Property Management
Compliance
Corporate Secretariat
Real Estate
Conveyancing
Asset Management
Risk Management
Corporate Governance
Operations
Legal Counsel
Property Lawyer
Conveyancer
Property Manager
Real Estate Manager
Compliance Officer
Corporate Secretary
Legal Director
Property Development Manager
Asset Manager
Bond Administrator
Deeds Registry Officer
Property Rights Specialist
Real Estate Attorney
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