First National Bank
Cliffe Dekker Hofmeyr has represented First National Bank on various property security agreements and subsequent registrations. Our South Africa-based real estate team has advised FNB on the preparation of loan documentation and securities registration for a ZAR multi-million residential development in Johannesburg.
We also advised on the preparation of loan documentation and various complex security registrations for finance facilities made by FNB to a large South African courier company.
Additionally, Cliffe Dekker Hofmeyr also represents Rand Merchant Bank, another division of FirstRand Bank Limited. Our South Africa-based real estate team advises Rand Merchant Bank on numerous high worth loans and associated complex mortgage/notarial bond registrations. Loan values range from ZAR 40 million to over ZAR 400 million for various Rand Merchant clients. These matters included in-depth research and drafting of legal opinions noting the validity and enforceability of the mortgage and notarial bonds, as well as confirmation of land claims lodged before negotiations commence and come to fruition; thereafter successfully registering the necessary mortgage and notarial bonds in the deed's registries.