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The Redeemable Deed is a specialized legal instrument used in South African property transactions where temporary transfer of ownership is required with provision for future redemption. This document type is particularly relevant in situations involving property financing, debt security, or business restructuring where the original owner intends to retain the right to reclaim the property. The deed must comply with the South African Deeds Registries Act 47 of 1937 and related property legislation, requiring registration at the Deeds Office. It includes detailed specifications of the property, parties involved, redemption conditions, timeframes, and financial terms. The document is commonly used in both commercial and residential contexts, providing a secure legal framework for transactions where temporary property transfer is needed while protecting the interests of all parties involved.

1. Parties: Identification and details of all parties to the deed, including their legal capacity and domicilium citandi et executandi

2. Background: Context of the transaction, including the property ownership status and reason for the redeemable deed arrangement

3. Definitions: Detailed definitions of terms used throughout the deed, including technical and legal terminology

4. Property Description: Comprehensive legal description of the property, including erf number, title deed number, and physical address

5. Consideration Amount: The amount paid or to be paid for the property, including payment terms and conditions

6. Redemption Terms: Detailed terms and conditions under which the property can be redeemed, including timeframes and procedures

7. Rights and Obligations: Specific rights and obligations of all parties during the redemption period

8. Transfer and Registration: Provisions regarding the transfer and registration of the property in the Deeds Registry

9. Costs and Taxes: Allocation of costs, including transfer duty, registration fees, and other associated expenses

10. Breach and Remedies: Consequences of breach and available remedies to the parties

11. Notices: Communication requirements and procedures between parties

12. General Provisions: Standard legal provisions including whole agreement, variation, and governing law clauses