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Advantages & Disadvantages of Sectional Title Schemes

Deciding on whether to buy into sectional title schemes: a townhouse complex or block of flats, entails weighing up the advantages and disadvantages to see if they align with your lifestyle.

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Appointing a Managing Agent – Important considerations

When given the task of choosing a new managing agent for a sectional title complex, this should not be a decision made with the intention of cutting costs.

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What happens to your Estate when you pass away

The Administration of Estates Act 1965, outlines what must happen with an estate after a person’s death. There are certain steps that should be taken to ensure the process of settling an estate is legal.

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Notarial bonds and credit security

Notarial bonds are registered with the Deeds Office for movable property which the debtor has given as security for the repayment of a loan to a creditor. 

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The South African Prevention of Illegal Eviction Act

The legal requirements under the Prevention of Illegal Eviction Act are sufficiently daunting to require the assistance of a professional.

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The continued marketing clause in an Offer to Purchase

Most offers to purchase Real Estate contain suspensive conditions protecting the purchaser.

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Property Zoning and Rezoning Applications in South Africa

Just about everybody has heard of zones and zoning in relation to property, but the average property buyer or owner has little - if any - clear knowledge of what the different zones are.

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Steps to registering a mortgage bond

When a Mortgagor borrows money from a Mortgagee, he or she will have a mortgage bond over an immovable property which will serve as a form of security for repaying back amounts owed. 

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Notarial bonds - security for debt and real rights

You will need to act quickly in order to acquire a court order which will allow for you to take possession of the movable property which is covered by the notarial bond

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Property expenses and rental property income tax

SARS requires for you to declare all the income your receive from property investments. These are then subject to income tax and also includes all rental income. 

It is important for taxpayers to have all the supporting documents needed in order to submit their tax returns. 

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