{"id":2272,"date":"2018-07-12T09:56:53","date_gmt":"2018-07-12T07:56:53","guid":{"rendered":"http:\/\/stbb.co.za\/dev2\/?p=2272"},"modified":"2019-11-05T05:27:54","modified_gmt":"2019-11-05T03:27:54","slug":"co-owning-a-property-and-the-bond","status":"publish","type":"post","link":"https:\/\/stbb.co.za\/dev2\/co-owning-a-property-and-the-bond\/","title":{"rendered":"Thought of the Week | Co-owning a Property and the Bond"},"content":{"rendered":"

Whether for financial or other reasons, people often invest in property as co-owners, whereby each owns an undivided share in the property. Many such buyers take the sound precaution to draw up a co-ownership agreement.<\/p>\n

Buyers in this situation should not forget that no matter what they agree to with regards to split in shares in the property, maintenance, occupation or income from the property, their agreement will not bind third parties such as banks or municipalities.<\/p>\n

For example, the bank that grants the home loan will generally insist that both (or all co-owners) agree to be \u2018jointly and severally\u2019 liable to repay that loan. This allows the bank to recover the debt from all of the debtors in proportion to their shares or, if necessary, to recover the whole amount from any one of them. So, if one co-owner should fall on hard times or stop paying for any reason, the others will be required to make up the difference.<\/p>\n

For assistance or advice in such transactions, contact your\u00a0STBB<\/a>\u00a0conveyancer before putting pen to paper.<\/p>\n","protected":false},"excerpt":{"rendered":"

Whether for financial or other reasons, people often invest in property as co-owners, whereby each owns an undivided share in the property. Many such buyers take the sound precaution to draw up a co-ownership agreement. Buyers in this situation should<\/p>\n","protected":false},"author":36,"featured_media":3190,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_exactmetrics_skip_tracking":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[110],"tags":[],"class_list":["post-2272","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-thought-of-the-week"],"acf":[],"yoast_head":"\nThought of the Week | Co-owning a Property and the Bond - STBB<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/stbb.co.za\/dev2\/co-owning-a-property-and-the-bond\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Maryna Botha\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/co-owning-a-property-and-the-bond\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/co-owning-a-property-and-the-bond\\\/\"},\"author\":{\"name\":\"Maryna Botha\",\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/#\\\/schema\\\/person\\\/623606b2022560795816523a4fd0bfec\"},\"headline\":\"Thought of the Week | Co-owning a Property and the Bond\",\"datePublished\":\"2018-07-12T07:56:53+00:00\",\"dateModified\":\"2019-11-05T03:27:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/co-owning-a-property-and-the-bond\\\/\"},\"wordCount\":187,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/co-owning-a-property-and-the-bond\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/yoosun-won-6Lm3EcOXYGY-unsplash-1.jpg\",\"articleSection\":[\"Thought Of The Week\"],\"inLanguage\":\"en-ZA\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/co-owning-a-property-and-the-bond\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/co-owning-a-property-and-the-bond\\\/\",\"url\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/co-owning-a-property-and-the-bond\\\/\",\"name\":\"Thought of the Week | Co-owning a Property and the Bond - STBB\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/co-owning-a-property-and-the-bond\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/co-owning-a-property-and-the-bond\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/yoosun-won-6Lm3EcOXYGY-unsplash-1.jpg\",\"datePublished\":\"2018-07-12T07:56:53+00:00\",\"dateModified\":\"2019-11-05T03:27:54+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/co-owning-a-property-and-the-bond\\\/#breadcrumb\"},\"inLanguage\":\"en-ZA\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/co-owning-a-property-and-the-bond\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-ZA\",\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/co-owning-a-property-and-the-bond\\\/#primaryimage\",\"url\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/yoosun-won-6Lm3EcOXYGY-unsplash-1.jpg\",\"contentUrl\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/yoosun-won-6Lm3EcOXYGY-unsplash-1.jpg\",\"width\":4288,\"height\":2848},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/co-owning-a-property-and-the-bond\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Thought Of The Week\",\"item\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/category\\\/thought-of-the-week\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Thought of the Week | Co-owning a Property and the Bond\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/#website\",\"url\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/\",\"name\":\"STBB\",\"description\":\"Welcome to STBB - We deal with every legal matter\",\"publisher\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-ZA\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/#organization\",\"name\":\"STBB\",\"url\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-ZA\",\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/wp-content\\\/uploads\\\/2025\\\/06\\\/STBB_logo_2025.png\",\"contentUrl\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/wp-content\\\/uploads\\\/2025\\\/06\\\/STBB_logo_2025.png\",\"width\":218,\"height\":66,\"caption\":\"STBB\"},\"image\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.linkedin.com\\\/company\\\/thebigsmallfirm\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/#\\\/schema\\\/person\\\/623606b2022560795816523a4fd0bfec\",\"name\":\"Maryna Botha\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-ZA\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/1cdf8e2f49c4e41ac351107142c7f79f4202140e092ab90b6a3bbac38861eb79?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/1cdf8e2f49c4e41ac351107142c7f79f4202140e092ab90b6a3bbac38861eb79?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/1cdf8e2f49c4e41ac351107142c7f79f4202140e092ab90b6a3bbac38861eb79?s=96&d=mm&r=g\",\"caption\":\"Maryna Botha\"},\"description\":\"Maryna holds the BA, LLB, LLM degrees and is an Executive Consultant at the Cape Town branch of STBB. She is an admitted Attorney, Notary Public, Conveyancer and Insolvency Practitioner with many years of experience in the fields of property law, conveyancing and the laws relating to corporate compliance (especially in respect of the FICA and POPIA laws). Up until 2018 she was also head of the firm\u2019s national marketing portfolio. She is a seasoned public speaker and presenter, both in person and online. She is editor and co-writer for two pivotal publications in the South African real estate industry \u2013 the ABC of Conveyancing (JUTA) and Delport\u2019s South African Property Law and Practice (JUTA).\",\"url\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/author\\\/maryna\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Thought of the Week | Co-owning a Property and the Bond - STBB","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/stbb.co.za\/dev2\/co-owning-a-property-and-the-bond\/","twitter_misc":{"Written by":"Maryna Botha","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/stbb.co.za\/dev2\/co-owning-a-property-and-the-bond\/#article","isPartOf":{"@id":"https:\/\/stbb.co.za\/dev2\/co-owning-a-property-and-the-bond\/"},"author":{"name":"Maryna Botha","@id":"https:\/\/stbb.co.za\/dev2\/#\/schema\/person\/623606b2022560795816523a4fd0bfec"},"headline":"Thought of the Week | Co-owning a Property and the Bond","datePublished":"2018-07-12T07:56:53+00:00","dateModified":"2019-11-05T03:27:54+00:00","mainEntityOfPage":{"@id":"https:\/\/stbb.co.za\/dev2\/co-owning-a-property-and-the-bond\/"},"wordCount":187,"commentCount":0,"publisher":{"@id":"https:\/\/stbb.co.za\/dev2\/#organization"},"image":{"@id":"https:\/\/stbb.co.za\/dev2\/co-owning-a-property-and-the-bond\/#primaryimage"},"thumbnailUrl":"https:\/\/stbb.co.za\/dev2\/wp-content\/uploads\/2019\/10\/yoosun-won-6Lm3EcOXYGY-unsplash-1.jpg","articleSection":["Thought Of The Week"],"inLanguage":"en-ZA","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/stbb.co.za\/dev2\/co-owning-a-property-and-the-bond\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/stbb.co.za\/dev2\/co-owning-a-property-and-the-bond\/","url":"https:\/\/stbb.co.za\/dev2\/co-owning-a-property-and-the-bond\/","name":"Thought of the Week | Co-owning a Property and the Bond - STBB","isPartOf":{"@id":"https:\/\/stbb.co.za\/dev2\/#website"},"primaryImageOfPage":{"@id":"https:\/\/stbb.co.za\/dev2\/co-owning-a-property-and-the-bond\/#primaryimage"},"image":{"@id":"https:\/\/stbb.co.za\/dev2\/co-owning-a-property-and-the-bond\/#primaryimage"},"thumbnailUrl":"https:\/\/stbb.co.za\/dev2\/wp-content\/uploads\/2019\/10\/yoosun-won-6Lm3EcOXYGY-unsplash-1.jpg","datePublished":"2018-07-12T07:56:53+00:00","dateModified":"2019-11-05T03:27:54+00:00","breadcrumb":{"@id":"https:\/\/stbb.co.za\/dev2\/co-owning-a-property-and-the-bond\/#breadcrumb"},"inLanguage":"en-ZA","potentialAction":[{"@type":"ReadAction","target":["https:\/\/stbb.co.za\/dev2\/co-owning-a-property-and-the-bond\/"]}]},{"@type":"ImageObject","inLanguage":"en-ZA","@id":"https:\/\/stbb.co.za\/dev2\/co-owning-a-property-and-the-bond\/#primaryimage","url":"https:\/\/stbb.co.za\/dev2\/wp-content\/uploads\/2019\/10\/yoosun-won-6Lm3EcOXYGY-unsplash-1.jpg","contentUrl":"https:\/\/stbb.co.za\/dev2\/wp-content\/uploads\/2019\/10\/yoosun-won-6Lm3EcOXYGY-unsplash-1.jpg","width":4288,"height":2848},{"@type":"BreadcrumbList","@id":"https:\/\/stbb.co.za\/dev2\/co-owning-a-property-and-the-bond\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/stbb.co.za\/dev2\/"},{"@type":"ListItem","position":2,"name":"Thought Of The Week","item":"https:\/\/stbb.co.za\/dev2\/category\/thought-of-the-week\/"},{"@type":"ListItem","position":3,"name":"Thought of the Week | Co-owning a Property and the Bond"}]},{"@type":"WebSite","@id":"https:\/\/stbb.co.za\/dev2\/#website","url":"https:\/\/stbb.co.za\/dev2\/","name":"STBB","description":"Welcome to STBB - We deal with every legal matter","publisher":{"@id":"https:\/\/stbb.co.za\/dev2\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/stbb.co.za\/dev2\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-ZA"},{"@type":"Organization","@id":"https:\/\/stbb.co.za\/dev2\/#organization","name":"STBB","url":"https:\/\/stbb.co.za\/dev2\/","logo":{"@type":"ImageObject","inLanguage":"en-ZA","@id":"https:\/\/stbb.co.za\/dev2\/#\/schema\/logo\/image\/","url":"https:\/\/stbb.co.za\/dev2\/wp-content\/uploads\/2025\/06\/STBB_logo_2025.png","contentUrl":"https:\/\/stbb.co.za\/dev2\/wp-content\/uploads\/2025\/06\/STBB_logo_2025.png","width":218,"height":66,"caption":"STBB"},"image":{"@id":"https:\/\/stbb.co.za\/dev2\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.linkedin.com\/company\/thebigsmallfirm"]},{"@type":"Person","@id":"https:\/\/stbb.co.za\/dev2\/#\/schema\/person\/623606b2022560795816523a4fd0bfec","name":"Maryna Botha","image":{"@type":"ImageObject","inLanguage":"en-ZA","@id":"https:\/\/secure.gravatar.com\/avatar\/1cdf8e2f49c4e41ac351107142c7f79f4202140e092ab90b6a3bbac38861eb79?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/1cdf8e2f49c4e41ac351107142c7f79f4202140e092ab90b6a3bbac38861eb79?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/1cdf8e2f49c4e41ac351107142c7f79f4202140e092ab90b6a3bbac38861eb79?s=96&d=mm&r=g","caption":"Maryna Botha"},"description":"Maryna holds the BA, LLB, LLM degrees and is an Executive Consultant at the Cape Town branch of STBB. She is an admitted Attorney, Notary Public, Conveyancer and Insolvency Practitioner with many years of experience in the fields of property law, conveyancing and the laws relating to corporate compliance (especially in respect of the FICA and POPIA laws). Up until 2018 she was also head of the firm\u2019s national marketing portfolio. She is a seasoned public speaker and presenter, both in person and online. She is editor and co-writer for two pivotal publications in the South African real estate industry \u2013 the ABC of Conveyancing (JUTA) and Delport\u2019s South African Property Law and Practice (JUTA).","url":"https:\/\/stbb.co.za\/dev2\/author\/maryna\/"}]}},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/stbb.co.za\/dev2\/wp-content\/uploads\/2019\/10\/yoosun-won-6Lm3EcOXYGY-unsplash-1.jpg","_links":{"self":[{"href":"https:\/\/stbb.co.za\/dev2\/wp-json\/wp\/v2\/posts\/2272","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stbb.co.za\/dev2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stbb.co.za\/dev2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stbb.co.za\/dev2\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/stbb.co.za\/dev2\/wp-json\/wp\/v2\/comments?post=2272"}],"version-history":[{"count":3,"href":"https:\/\/stbb.co.za\/dev2\/wp-json\/wp\/v2\/posts\/2272\/revisions"}],"predecessor-version":[{"id":3338,"href":"https:\/\/stbb.co.za\/dev2\/wp-json\/wp\/v2\/posts\/2272\/revisions\/3338"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stbb.co.za\/dev2\/wp-json\/wp\/v2\/media\/3190"}],"wp:attachment":[{"href":"https:\/\/stbb.co.za\/dev2\/wp-json\/wp\/v2\/media?parent=2272"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stbb.co.za\/dev2\/wp-json\/wp\/v2\/categories?post=2272"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stbb.co.za\/dev2\/wp-json\/wp\/v2\/tags?post=2272"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}