Pets in sectional title schemes
“Is it pet friendly?” A question often asked by many potential buyers and tenants of Sectional Title units, which answer, in most cases, is a crucial factor in their decision to purchase or rent the said unit. To answer the question, your attention can be drawn to the Prescribed Conduct Rules in Annexure 1 of […]
Moving regulations during the lockdown
We’ve all felt like it – the hairs on the back of your neck standing up, sure someone is keeping an eye on you, watching as you receive a DVD box set that was for some reason labelled “essential” on the online store, sneaking in at 09:20 after the morning jog you were sure was […]
Room for improvement in the real estate industry
Room for improvement in the real estate industry The property market for 2020 initially proved to be a buyers’ market. Though with the rise of the COVID-19 pandemic and the resultant lockdown’s effects on the economy, the question is whether it still is. The transfer duty threshold was lifted by R100 000, loan approvals were […]
Socially distanced property viewings
Socially distanced property viewings The real estate industry has always been known for utilising the latest technologies available to bring buyers and sellers together. From announcements at Town Hall gatherings to the printing presses, the introduction of radios and television sets in households, and finally the World Wide Web, property practitioners have always been on […]
How is your property’s value being affected?
How is your property’s value being affected? Preparing a home that will soon enter the market is one of the first steps of the selling process. But these preparations, intended to make a property more attractive for prospective buyers, should always be approached carefully and, above all, strategically. These are a few key elements that […]
How to Find the perfect tenant
How to Find the perfect tenant The success or failure of your rental property will be determined by the tenant you choose to live in it. When a bad tenant moves in, it can lead to stress and financial loss on the owner’s part, but when a good tenant moves in, it can lead to […]
Why is my property transfer taking so long?
Why is my property transfer taking so long? After signing a deed of sale, the purchasers often want to move into the property as soon as possible. When they are informed of the process involved prior to the property being transferred this may damper their excitement. There may also be delays in the transaction. In […]
Post-lockdown property
Post-lockdown property At the end of the national lockdown, many South Africans will have gotten to know their properties better than the architects who designed them. For some, this time will lead to ways they plan to improve their homes, for others, it will leave them desperately wanting to never see the same four walls […]
Is the real estate market catering to everyone?
Is the real estate market catering to everyone? Knowing who’s in the lead when it comes to the property market is difficult. The traditional progression used to be: Finish your studies; find a job in which you’ll stay until retirement; get married; buy a starter home; start a family; work hard and finally retire. That […]
Sectional title schemes: A developer’s obligations
Sectional title schemes: A developer’s obligations A developer who wishes to establish a sectional title scheme on a piece of land where there is an existing building, has certain statutory obligations should the building be wholly or partially let for residential purposes. This is not applicable to commercial leases. The Sectional Titles Act 95 of […]