The Free Market Foundation’s (FMF) Khaya Lam Land Reform Project announced today that another 101 residents of Vredefort in the Free State will receive the title deeds to their homes, bringing the total number of transfers completed to date to 3,197.
The 101 title deeds have been made possible through funding from the Rising Tide Foundation (RTF), a Swiss-based, privately endowed foundation. RTF has sponsored 149 fully tradeable title deeds to date and the 101 transfers sponsored by RTF today form part of 1,500 transfers that the Foundation has committed to sponsor.
The Khaya Lam project continues to grow from strength to strength and, thanks to the generosity of private donors, the FMF has received funds to transfer a further 3,496 title deeds in various municipalities across South Africa.
However, much more needs to be done as the FMF estimates that there are 5 million properties nationwide that are crying out to be converted to full unambiguous title. The FMF will continue to work with municipalities across South Africa to ensure that all eligible tenants will receive full freehold title deeds to their homes.
Get involved here