Renting vs buying: The pros and cons
In a lowering interest environment, tenants are reconsidering their priorities. Driven by reduced interest rates and more lenient loan criteria, tenants are starting to have their sights firmly set on owning a home. While many particularly the ‘millennial generation’ chose to travel and live more ‘freely’ in the past, priorities have since changed. Travel and […]
Claiming ownership through acquisitive prescription
One way to acquire property in South Africa is through acquisitive prescription. This method does not rely on the transfer of rights from a predecessor in title; instead, it acknowledges specific factual criteria that, when met, grant legal rights and title to ownership. This article will outline the requirements necessary for successfully claiming ownership through […]
Here’s how to start your property portfolio and own your own property with only R10 000
Is it possible to own your property if you only have R10 000 available secure it, with no home loan? “The answer is yes. There is a well-known concept used by seasoned investors called ‘OPM’, or ‘other people’s money’, and there is no need to think that you must amass a small fortune before you […]
BOUNDARY (PARTY) WALLS: THE NEIGHBOURLY THING TO DO
The easiest way to determine the boundaries between properties is to consult the official town planning diagrams kept by the local authority in control of the area (Rondebosch). In the event of a dispute over the dividing line between two properties, the first point of reference would be the official property plans (diagrams). One can […]
