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Tag: <span>mortgage</span>

Estate Administration and Automatic Vesting

by Robin Spurr, Published: October 03, 2014 Automatic vesting is often an illusory concept and almost always comes as a surprise to the lay estate trustee. The rule as set out in the Estates Administration Act (EAA) is that real property vests in the beneficiaries three years after the death of the testator. Vesting means taking ownership of […]
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