Legal Articles

 

Need Legal Advice?

No Matter What Your Bind We Can Help You


 


 

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.

Read the rest of entry »

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.

Read the rest of entry »

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.

Read the rest of entry »

Is a bank letter enough for bond clause fulfillment?

The question arose as to whether or not the sale agreement was valid by the early fulfillment of the suspensive condition contained in the clause of the offer to purchase.

Read the rest of entry »

Buyers beware of hidden costs when purchasing a property

By educating themselves, purchasers can make sure that they are not short on money by having all the costs calculated.

Read the rest of entry »

Amendment of Trust Deeds. What’s involved?

There are many reasons why a trust deed may need to be amended. However doing so is not a simple or straight forward process.

Read the rest of entry »

The basics of an Offer to Purchase contract

The Offer to Purchase needs to contain all the terms the the parties agree to, such as date of occupation, occupational rent, fixtures and fittings and other conditions of sale.

Read the rest of entry »

Court ruled that respondent honours agreement - Why?

Regarding the first question raised, when a suspensive condition with limited time is included in a contract, the time limit is usually intended to be for the benefit of the seller, while a condition requiring a loan to be obtained is usually for the benefit of the purchaser.

Read the rest of entry »

Am I responsible for the previous owner's unpaid rates and taxes?

In a much anticipated Constitutional Court Judgment it was been ruled that new property owners are longer expected to take responsibility for settling municipal debt incurred by previous owners of the acquired property.

Read the rest of entry »

Short-term Rentals - airbnb hosts must comply with zone restrictions

Are you a property owner wanting to let your flat out for short term rentals?

Before doing so you will need to familiarise yourself with the Municipal Planning By-laws and, if applicable, with the rules of the body corporate.

Read the rest of entry »


Subscription

Get the latest updates in your email box automatically.

Search

Archive

Van Deventer and Van Deventer Incorporated disclaims responsibility for any legal consequences resulting from the use of information on our website. Our legal articles are for informational purposes only. These articles and pages do not offer legal advice, as each legal matter must be evaluated on the respective merits. Individuals should consult our legal professionals for specific guidance. As such, we are not liable for actions based on their content.

| | | | |

 

ITM Web Design

KeyWordContent