Asked by Anneke on 02-01-2020 08:35:22
Question posted in the Property Law category relating to Western Cape
Good Morning
I have a question regarding a property bond on a house I got in a devorce settlement.
I was devorced 11 years ago. I got the house in the settlement, but it stated I had to repay the whole bond and do the property tranfer to my name. I have been paying of the bond monthly as there was no date or time given in wich I had to pay of the bond or do the transfer. The bond and house is still in my ex husbands name.
I did not receive any money or part of his pensioen in the devorce and only child support monthly. Now after al this time he suddenly want me to pay up the remaning bond in one payment, because he wants to buy a house and wants to apply for a bond of his own. I understand his situation and would love to do this, but do not have the money for it. I will also not qualify for a bond or loan as I am not working full time at the moment. He gor a laywer who is bulling me into "making a plan" or I will be taken to court and the house will be sold. Is this possible, can they seel my house I have been paying on for years.
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