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When you sell your house, don’t use the estate agent’s standard sale agreement
In light of the continuing increase in values of immovable property in recent times it is prudent to have an attorney draft the sale agreement
Protection for unmarried couples who buy a home
With interest rates still low and home prices soaring, more and more couples are committing to home ownership before committing to marriage. But there are
Sale in execution must be ‘justifiable’ – ConCourt
Courts will in future be called on to determine whether the sale in execution of houses to settle debt is justifiable, the Constitutional Court ruled.
Tread the servitude minefield carefully
If you do not insist on seeing a copy of the title deeds and surveyor-general’s diagram when buying vacant land, your plans to build that
Seller’s Remorse
The court discussed the efficacy of the acceptance of the buyer’s offer after the date for acceptance had lapsed and concluded that the seller was
Relationship between Body Corporate and Tenants
Buy-to-let investors often choose to invest in sectional title units as opposed to freehold properties, first because unit prices are often lower and also they
Buying property as a trustee for a company to be formed
If you want to use a company as a vehicle to own a property don’t do it via a shelf company. Shelf company The documents
Don’t hide house’s problems from buyer
It is extremely unwise to hide any problems in your home from a prospective buyer. Source: Linda Erasmus of Property24 This is the warning from Lanice
Understanding “voetstoots” when you purchase property
Contracts of sale of property always include a “voetstoots” clause. Sellers and purchasers enter into this agreement without really understanding what this clause entails. Source: National
Avoid the transfer duty, CGT & STC trap
The effect of recent amendments is that if you decide to take advantage of this opportunity you will still be responsible for other costs associated
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