How do we transfer ownership from deceased estates?

The process for transferring ownership from a deceased estate is as below. If transfer is to a family member, then there will be no transfer fees applicable. Please note that the account must be up to date before a transfer can proceed.


Required Documentation

Please note that the required documentation must be dated, signed and witnessed 

  • Transfer of Ownership (available to download below)

  • CM42 document  (available to download below) 

  • Duly authorised copy of new owner's ID or Company Registration

  • Notice of death

  • Death certificate

  • Letter of executorship

  • certified copy of the deceased's ID


Process

  • Complete, sign and submit all documents as detailed under ‘Required documentation’

  • Scan and email South Coast Share Transfer Services (see contact information below)

  • An invoice for Transfer Fees will be sent to the prospective new owner for payment (currently R1 900 incl vat). However, if transfer is to a family member, then there will be no transfer fees applicable.

  • Both the estate and the new owner will receive notice upon completion of transfer. 


Additional information 

  • Accumulated Points and credits on old account will be transferred to the new member's account

  • Provided documentation is in order, expect approximately 5 - 7 working days for completion of transfer


South Coast Share Transfer Services 
Tel: 039 688 5380
Email: transfers@scsts.co.za




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