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Buying Property on Auction
Contractual Matters

Buying Property on Auction

Buying a property on auction, while potentially offering valuable investment opportunities, can be daunting to those not familiar with the process. But with some basic background and know-how, it need not put off potential buyers.

November 2, 2017
Body corporate rules
Sectional Title Governance

Body corporate rules

Body corporate management and conduct rules play an essential part in the effective and smooth operation of a sectional title scheme, so it’s crucial that owners and trustees are aware of the requirements in drawing up and amending these rules.

October 30, 2017
Body corporate AGMs – why you should attend
Sectional Title Governance

Body corporate AGMs – why you should attend

Sectional title property owners often view the body corporate annual general meeting (AGM) as a formality or even an inconvenience, but attendance at these meetings is an important part of sectional title ownership and should be viewed as such.

September 27, 2017
Two pieces of legislation you should know about
Legislative Guidelines

Two pieces of legislation you should know about

It's important to stay informed about current legislation like the Protection of Personal Information Act (known as POPI) and the Property Practitioners Bill.

September 27, 2017
Buying a property in a company or trust
Legislative Guidelines

Buying a property in a company or trust

Transactions involving the purchase by a legal entity such as a company, trust, or close corporation are dealt with slightly differently in terms of the process.

August 29, 2017
What can be considered when entering into an Antenuptial Contract
Contractual Matters

What can be considered when entering into an Antenuptial Contract

For those entering into a marriage out of community of property, an antenuptial contract (ANC) is a must and therefore plays an integral role. And while there are many elements that are typically included, an antenuptial contract can be drafted in a number of ways to suit the unique needs of individuals.

August 29, 2017
OTP: A Binding Contract – Think Before Signing
Contractual Matters

OTP: A Binding Contract – Think Before Signing

An offer to purchase (OTP) can be seen as the quintessential document governing the sale agreement between the seller and purchaser.

August 29, 2017
An overview of sectional title levies
Sectional Title Governance

An overview of sectional title levies

For many, buying into a sectional title scheme comes with peace of mind knowing that the regular levy costs incurred will cover the expense of ongoing maintenance to the sectional scheme. However, it is important to understand what these levies cover and who is responsible for what.

July 28, 2017
Historical monuments and renovation restrictions
Legislative Guidelines

Historical monuments and renovation restrictions

South Africa has a diverse and rich history, represented in the buildings that have been built throughout the years. To ensure their lasting value and to preserve this legacy, these buildings are protected through legislation that regulates and restricts renovations and alterations made to buildings classified as historical monuments.

July 28, 2017
The Property Practitioners Bill – what you need to know
Legislative Guidelines

The Property Practitioners Bill – what you need to know

Currently regulated by the Estate Agency Affairs Act, 112 of 1976, the estate agent profession is set to see new legislation come into force in the near future.

July 28, 2017
Subletting your property
Rental Management

Subletting your property

The recent tax hike has triggered tenants to consider subletting as a way to make an extra buck. We’ve put together a basic guide exploring key aspects: what it means to sublet, how subletting differs based on the kind of property, the different terms of a subletting agreement and best practice when subletting.

July 22, 2017
My name has changed – what happens to my property’s title deed?
Legislative Guidelines

My name has changed – what happens to my property’s title deed?

This may happen when an individual’s marital status changes, or for personal reasons, and depending on the reason, a different process should be followed.

July 3, 2017
Extending your bond
Contractual Matters

Extending your bond

A bond or home loan is often a necessity when buying a property and many consider the primary aim to be paying this loan off, but there are a number of alternatives that could come in handy.

July 3, 2017
Latent vs patent defects
Contractual Matters

Latent vs patent defects

Making an informed decision regarding the potential investment opportunity when purchasing a property relies significantly on having a clear idea of both latent and patent defects relating to the property.

July 3, 2017
Muslim marriages and the ownership of property
Legislative Guidelines

Muslim marriages and the ownership of property

While South African law has historically catered to those married through a civil union or indigenous customary marriage, Islamic customary marriages have typically not enjoyed the same recognition. However, much has changed in recent years.

June 5, 2017