How your attorney can assist you in selling & buying your property
Technology has flipped conventional business models on their heads and for us as attorneys it is no different. This is the reality of the clients of attorney firms who want to buy or sell a property. FULL TURN-KEY SERVICE FOR CLIENTS Attorneys now offer a full turn-key service for their clients when buying or selling […]
Transfer duty. No surprises. Part I
Transfer duty is a duty levied for the benefit of the National Revenue Fund on the value of any property acquired by any person by way of a transaction or in any other way, or on the amount by which the value of any property is enhanced by the renunciation of an interest or restriction […]
Buying your first home? No deposit or legal fees?
Free service available to arrange it before you buy Many first-time buyers are faced with the impossible task of saving for a deposit before they buy their first home. Buyers are advised to open a savings account and put away money each month for a year or two, and then use that as a deposit […]
Immovable property ownership and spouses
INTRODUCTION When does a spouse who is entitled to receive a half share in immovable property become the owner of that half share? Does the real right in respect of half share in immovable property vest immediately upon granting of a divorce decree or does a spouse acquire personal right to claim formal transfer in […]
FLISP interview with Meyer de Waal on Moneyweb
FIFI PETERS: In today’s property feature we are looking at FLISP, the Finance Linked Individual Subsidy Program. It is a housing subsidy that helps qualifying first-time home buyers buy a home. There have been some changes to the regulatory environment to make it a lot easier for homeowners to do so. For more on this […]
Selling a property with defects: What you need to know
The Purchaser signs an agreement of sale with the Seller. The property is transferred into the Purchaser’s name. A month later, there were heavy rainfalls and the roof leaks. Is the Seller liable to repair the roof or the Purchaser, as the new owner? To understand which party is liable, one must appreciate the difference […]
Are estate agents ready for the change to come?
Property Practitioners who now need to hold a Fidelity Fund Certificate, unless excluded, to practice in terms of the Property Practitioners Act, 22 of 2019, may have certain questions regarding the application process to obtain the Certificate, its issuing from the Authority and any disqualifications from issuing, its amendment, withdrawal, and lapse thereof. A Property […]
Neighbourly disputes over building plans
Disputes between neighbours tend to ensue where an owner decides to build on or renovate their property and the neighbouring owner believes that such building works will have a detrimental effect on their property rights. Neighbours who are disgruntled by the noise nuisance, possible obstruction of an existing view from their property, or the aesthetic features of the building works, […]
Fighting like cats and dogs over pets in flats?
If you own a pet and live in a complex subject to the Sectional Title Schemes Management Act, this article may be just for you. What if the body corporate does not allow you to own a pet? Or what if your guide dog or emotional support pet is not welcome in or around the […]
Fantastic news for first time property buyers FLISP subsidy policy revised – no need for a home loan anymore to obtain a government subsidy
[Cape Town, 12 March] National Minister of Human Settlements, Mmamoloko Kubayi announced that the Finance Linked Individual Subsidy (FLISP) has been delinked and is no longer just a mortgage only option. Furthermore, partnerships were established with external role-players such as financial institutions, conveyancing attorneys and property developers, granting them access to the Housing Subsidy System […]
