South Africa Law
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Hi this is what happened: I sold my house for R1400 000.00, R 900 000.00 goes to cover the existing bond and I was suppose to come out with R500 000.00. But because I needed R100 000.00 from the deposit of the sale I bridged it telling the attorney that I dont want money from the loan sharks and he kept stalling until the literally the very last second. when we came to sing for it he had another contract drawn up fron a compay that does loans at 32.5% interested and told me if I dont sing it im going to have to wait till transfers goes through. So now he retained monies for electrical and heaven knows what as I did not receive a statement to say he pulled off for, and all I received from the R500 000.00 is R329 000.00
The buyer wants to withhold occupational rent and transfers went through on Wednesday and I left Sunday so she wanted occupational rent for a month. And he had me sign a paper from another loan company which had nothing to do with the deposit.