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101 families start 2019 by receiving their title deeds

monoploy title deed

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.

100 Kwakatsi residents receive title deeds.

100 Koppies residents become homeowners

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.

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David A Steynberg, managing editor and director of HomeTimes, has more than 10 years of experience as both a journalist and editor, having headed up Business Day’s HomeFront supplement, SAPOA’s range of four printed titles, digimags Asset in Africa and the South African Planning Institute’s official title, Planning Africa, as well as B2B titles, Building Africa and Water, Sewage & Effluent magazines. He began his career at Farmer’s Weekly magazine before moving on to People Magazine where he was awarded two Excellence Awards for Best Real Life feature as well as Writer of the Year runner-up. He is also a past fellow of the International Women’s Media Foundation.

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