Many consumers have been kept in the dark about the ins and outs of credit insurance in South Africa and how it can be particularly useful in the wake of COVID-19. If you have at any stage purchased something on credit, it’s likely that you have also purchased credit life insurance knowingly or unknowingly.
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Although there has been much confusion around the lockdown rules in South Africa, there is one thing that has been made clear; running or exercising in your estate or complex is not permitted.
There are many areas of a will that, when not written correctly, can be misinterpreted. The result is your estate is not administered or distributed according to your wishes. This article is the final part of a two-part series that addresses how to write a will in South Africa and, most importantly, what mistakes to avoid.
The Property Practitioner’s Act is a brand-new piece of legislation that serves to replace the previous Estate Agency Affairs Act. This new Act sets out to regulate all affairs related to property practitioners in South Africa, as well as to provide for transformation in the property sector and to further support consumer protection.
The most important thing to keep in mind when drafting a will is to make sure there is no room for uncertainty or ambiguity. This is to ensure that there is no confusion among heirs or beneficiaries regarding their inheritance which may result in a contested will.
Calling on all real estate agents in Johannesburg and Cape Town to take part in important training and workshops related to the real estate industry. Providing training for property practitioners in South Africa is one of the cornerstones of our law firm and we are quickly filling up our calendar with workshops relevant to property professionals.
The amended Property Practitioners Act intends to regulate the business and functions of estate agents, estate agencies, property brokers, bond brokers, marketers and providers of bridging finance. These individuals are now referred to as property practitioners.
When buying property in South Africa, one must be aware of all the pitfalls that can present themselves in an offer to purchase. This article is the second and final part of the offer to purchase conditions when buying a home in South Africa.
The process of selling a house in South Africa can be a lengthy one and many consumers are unaware of what it takes to successfully sell a house or property. Therefore, we have put together a consumer’s guide to selling a house in South Africa, which aims to answer the most important questions related to the matter.
From a conveyancing perspective, there have been various pitfalls identified with regards to contractual capacity and concluding offers to purchase in South Africa in respect of immovable property.
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