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Property & Conveyancing
Annexure 2 of the regulations to the Sectional Titles Schemes Management Act (STSMA) 8 of 2011 provides 8 prescribed conduct rules (PCR) which apply to all sectional title schemes. However, due to the unique nature of each individual scheme, these rules may be subject to amendment.
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Transforming the property market in South Africa to ultimately allow inclusion of previously disadvantaged individuals is the principal purpose of the Property Practitioners Bill.
In order for a real estate agent to become qualified to earn a commission on sales made, a certain process must be followed.
Part of this process is undergoing sufficient education and training, making it harder to become a real estate agent than ever before.
Cancelling a sale of property after the sales agreement has been signed has major repercussions. Should the seller change his mind about the sale of the property, the costs involved with the cancellation can end up being quite costly.
There are certain construction projects that require plan approval before building may begin. Although home owners have the opportunity to turn their existing home into their dream home by extending and adding onto the building, it is imperative that the homeowner follows the correct procedures.
Up until 2001, buying property through a company in South Africa was a cost effective and popular method used to purchase property.
According to the value added tax (VAT) Act of 1991, if certain requirements are met when selling commercial property as a going concern, the sale of the property may qualify to be zero-rated for VAT purposes.
There will be a wide-range of changes introduced to the real estate industry if the current form of the Bill is passed into law. The Bill also hopes to better improve consumer protection.
The rules of the scheme will help to determine if fining rules can be imposed by the body corporate of a sectional title scheme. The penalty rule will must be in the management rules or conduct rules in order for it to be enforceable.
Van Deventer & Van Deventer Incorporated provide the highest level of support for Estate Agent interns and Recognition of Prior Learning (RPL) candidates.
We have decided to launch our very own training program to assist agents in completing their Logbooks, NQF Level 4 Real Estate Course (SAQA QUAL ID 59097) as well as providing guidance on the Professional Designation Examination (PDE).
To assist you with navigating our training information we have provided some frequently asked questions to help you along.
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