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Bond Cancellation Letter
When a seller wants to put his property in the market, it often happens that there is still a bond registered against that property. Most banks have a 3 month notice period when canceling a mortgage bond. If you fail to do this, there is a penalty payable. We suggest that you send this cancellation notice to your bank a.s.a.p. download this Bond Cancellation Letter, complete it and send it to your bank.
Remember to request confirmation of receipt from the bank once you send it to them.
We trust that the information above will assist you to cancel your bond in time in order to avoid unnecessary expenses. If you need more information, please contact us.
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