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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.
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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.
Putting in an offer to purchase is just one of the steps of the process when buying property in South Africa. However, there are certain offer to purchase conditions and pitfalls that buyers should be aware of. This article is part one of two, which discusses common pitfalls in offers to purchase in South Africa.
When it comes to buying a home, many first-time buyers don’t realise that there are many factors to take into consideration throughout the entire buying process. This article aims to provide some important guidelines to consumers who are looking at buying a home.
Marriage in community of property is a type of matrimonial regime which joins the estates of the two spouses into one estate of equal shares.
Therefore, the couple who marries in community of property owns the joint estate together and the estate can only be divided should the couple choose to terminate the marriage.
We are about to say goodbye to yet another year and, with it, another decade and we believe that in order to welcome in a successful new year, we must be grateful for the year that has passed.
Many may wonder whether it’s necessary to have a witness signature on a legal document such as sale agreements and contracts. However, a witness signature serves as evidence to the fact that each party to the agreement did in fact sign the document in question.
Organisations are choosing to use electronic and digital solutions such as electronic signatures and communication in order to save time and money. However, many individuals are still sceptical about the validity of electronic signatures and whether or not they are legally binding.
There are many disputes that come from contracts that were based on verbal agreements between two or more parties. Although there is no paper trail that can prove a verbal contract, verbal agreements are as legally binding as written and signed contracts.
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