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Property & Conveyancing
It is recommended that blocks of flats or group housing schemes be converted to sectional title as soon as possible if they haven’t already done so.
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Following the proposed changes to suburban road closures, the City of Johannesburg has called for public comment.
When very important decisions need to be made by sectional title owners, then a unanimous resolution needs to be passed.
If levies are not collected, the sectional title scheme will not be able to survive thus the importance of this task is highlighted.
When a party fails to do something they are supposed to do as per the sales agreement then the transfer of property could be delayed.
Expanded criterion for the grant of the statutory exemption against the Professional Designation Examination implemented.
Being able to understand BEE compliance and the 2017 Property Sector Code is very important for estate agents, franchisees and franchisors.
In the case of one complex, a newly appointed managing agent found out that there weren’t any fire hoses or fire hydrants located in the complex.
A sectional title complex on the South Coast was faced with a serious problem relating to fire protection during power outages.
Effective as of 1 April 2018, the will be an increase of the VAT rate from 14% to 15%. Real estate transactions are also affected by the increase.
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