Banks Penalising First-Time Buyers by Up to 32%
Despite Government Subsidies and Fair-Lending Laws Twenty-five years since the implementation of the Home Loan and Mortgage Disclosure Act of 2000 — designed to promote fair lending and transparency in South Africa’s housing finance sector — first-time home buyers still face structural discrimination in order to access affordable credit from traditional financial institutions. YOU CAN […]
Steps to Take When Your Tenant Stops Paying Rent
For many landlords, one of the toughest situations to face is when a tenant stops paying rent. It’s frustrating, but it’s important to remember that eviction isn’t just a matter of asking someone to leave. It’s a legal process governed by strict rules. Knowing how it works helps you protect your rights while avoiding unnecessary […]
Know Your Rental Rights
Renting a home should be straightforward: you pay your rent, you get a safe place to live, and both sides respect the agreement. Unfortunately, renting does not always go as planned. The Rental Housing Act was introduced to keep things fair and balanced between tenants and landlords. And when disputes do arise, the Rental Housing […]
Divorce and Immovable Property: Understanding the Section 45bis(1)(a) Endorsement Application
When a person married in community of property is awarded their former spouse’s share in jointly owned property following a divorce, they can apply to the registrar of deeds for an endorsement of the title deed. This endorsement records that the applicant is now the sole owner of the property and can deal with it […]
Deciphering the Dilemma: To Sell or Not to Sell Your Property Amid Financial Strain
Given the current economic climate, many homeowners in South Africa might find themselves facing the challenge of keeping up with their monthly bond repayments. In such instances, it may be tempting to consider selling the property to relieve financial pressure. However, before you make a hasty decision, it is crucial to understand all the factors […]
