Property & Conveyancing - Legal Articles — Page 18

 

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Legal Articles

From category archives: Legal Articles

Property & Conveyancing

Rules regarding the keeping of pets in a sectional title scheme

In a sectional title scheme, along with parking and people, one of the most contentious issues that arise relates to the ownership of pets.

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What to do about an illegal building alteration

It has become common for homeowners to choose expansion or renovations of their current homes rather than choosing to purchase a new property.

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Watch out for VAT clauses in a sales agreement for immovable property

Parties to sale agreements of immovable property should exercise caution when drafting the VAT clauses.

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Should the date of occupation coincide with the transfer?

Whether the date of occupation should be a particular date or on registration of transfer is an issue that often gives rise to debate.

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What are the 3 most common property servitudes?

Property Servitudes may pose serious impediments to your intention to use a property. Which is why you should research the types of servitude before purchase.

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What should you consider before you start working from home?

Working from home helps to cut down on costs of travelling to and from work and also reduces the money spent on resources that are used to run the company premises.

It is becoming increasingly popular for people to work from home, especially with the great earning opportunities available to freelancers and contract workers. As a result, they will usually need a home office.

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Things to note about the new Cape Town Property Zoning Scheme

In March 2013, a new regulation was put in place concerning guest houses in the Western Cape area. The new Cape Town Zoning Scheme (CTZS) was enforced on 26 November 2012 and affects all guest houses as of March 2013.

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Why is it so hard for foreigners to apply for a bond?

Foreigners wishing to buy properties in South Africa are finding it difficult to obtain residency permits and home loans, even though they may have high level qualifications and skills that would make them an asset to the country.

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Beware of unregistered estate agents and unexpected outcomes

With all the potential risk that a property buyer could face, it is no wonder why people are strongly warned against dealing with an estate agent who isn’t EAAB registered.

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Non-refundable deposits in an offer to purchase

Non-refundable deposits in an offer to purchase properties are fairly common.

An offer to purchase may also contain breach clauses that allow the seller to cancel that agreement and retain all amounts paid on account of the purchase price as liquidated damages.

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