PROPERTY LAW ARTICLES
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
A lesson for estate agents
Include a date for fulfilment of a suspensive condition The following snippet was supplied by Legalbrief Today. To participate in a free month’s subscription to Legalbrief’s daily
Relations between Tenants and Landlords
Chapter 3 of the Rental Housing Act, 1999 deals with the rights and obligations of tenants and landlords An extract from the act appears below.