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Within the government’s published regulations in terms of the Disaster Management Act: Regulations - Alert level 1, provisions were made to discourage demolitions of residences and further cushioned tenant rights against evictions during this time.
It is a common misconception that the need for special levies in sectional title schemes was banished with the introduction of the new legislation which regulates the management of sectional title schemes.
Although South Africa breathed a collective sigh of relief as President Ramaphosa announced the start of lockdown level three as of the 1st of June, it’s no doubt that COVID-19 has had a severe impact of the market value of property in South Africa.
In August 2018, the Western Cape High Court provided an answer to the question which asked if only one spouse married in community of property may sign a sole mandate agreement with an estate agent or agency.
Once the new legislature comes into force, landlords have 6 months to ensure they comply with all the requirements of the amended Rental Housing Act.
The Consumer Protection Act (CPA) became effective on the 1st of April 2011 and made provisions for the requirements that should be met in an estate agent mandate agreement.
Overall, the CPA serves to promote fair, transparent and ethical business practice so as to protect the consumer from unlawful conduct.
Estate agents’ responsibilities are made clear in the Institute of Estate Agents South Africa Code of Ethics and Conduct and is supported by the Consumer Protection Act.
Estate agent commission depends largely on the recording, clearly in writing and without leaving room for doubt, the exact circumstances in which the seller must pay the real estate agent his or her commission.
A sole mandate is a contract between an estate agent and seller where the seller agrees to appoint the specific estate agent to sell his property.
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