How did ABSA bond a property in my name while the place of purchase (complex) is in debt with their COJ account and or without clearance certificates?

From: Davis, Taryll T Sent: Tuesday, March 11, 2025 9:14 AM To: ***; Absa Home Loans (***) <***> Cc: Saylash Nagia (ZA) <***ca>; Natasha Marr (ZA) <***ca>; Yvette Mokwana (ZA) <***ca> Subject: FW: ABSA BANK LTD // DAVIS, TC - ACCOUNT NUMBER: *** ## Importance: High

Good day all,

Trust you are well.

I would like to bring to your attention the predicament I find myself in with the property (Indigo Sky 4 Florida, Unit 1) bonded through ABSA.

Through multiple communications I have brought to your attention that I am unable to afford this bond. Through the advice of ABSA, I have attempted your route of HelpUSell.

This has not been successful, namely because of the outstanding historical debt of this complex with COJ which I was not made aware of at the time of purchase. As a result of this I have had a sale fall through at the final stages due to the complex not having electricity, as the electricity has been disconnected due to the historical debt.

I believe that ABSA should have made sure that the complex was not in debt before my bond was approved. I have always attempted to make my payments on time and account is up to date. Through your “HelpUSell” process, since I have went this route and signed your mandate in May 2024, with multiple viewings to dealing with over 8 to 9 agents, and getting offers and then clients withdrawing, and at this moment every door is closing and I can't sell this property.

1. I'm requesting proof of clearance documents from the complex that were used to approve the bond of this property. Please advise before COB Wednesday (12/03/2025).

2. Please note if I do not receive a response to the above I will have no choice but to communicate my frustration on Hello Peter and various other social media outlets.

As I feel, up to this point ABSA has not helped me or bettered my situation but has looked out for the interests of yourselves. But instead, you’ve bonded properties to people without clearance certificates.

Looking forward to hearing from you.

Ms Taryll Davis ***