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 […]
Co-realty in 2020
Co-realty in 2020 “…we may be about to see a shift of generational proportions toward [an]… array of real estate demands, ironically induced – at least partially – by technology. Overcoming isolation is becoming increasingly imperative, as seen in such trends as co-working and co-living.” Emerging Trends in Real Estate: United States and Canada 2020 […]
The effects of expropriation without compensation
The effects of expropriation without compensation For many whose homes are where their hearts are, the Draft Expropriation Bill, 2019, which seeks to legalise land expropriation without compensation, is proving to be of great concern, especially after it was released for comment on 21 December 2019. The biggest concern is what effect the expropriation will have […]
Clauses in Sale of Property agreements
Clauses in Sale of Property agreements The sale or purchase of a property is a very important transaction in one’s life. The parties to a Sale of Land Agreement will inevitably enter into a contractual relationship which will have legal consequences for both the purchaser and the seller. It is often the case that contracts […]
Red flags when buying property
Red flags when buying property You’ve found your dream home and you can’t be more excited, but there are few things to keep in mind before you sign the papers and pack your boxes. It is important to remember that there are various “red flags” that you need to look out for before purchasing, as […]
Your home away from home
Your home away from home Finding a holiday home isn’t as simple as choosing your favourite holiday spot and packing your bags. With the urge to buy a holiday home, a decision like this demands time and careful consideration. Let it simmer. This is not a holiday – this is an investment. Just like those […]
Has your braai been approved?
Has your braai been approved? Every HOA has applicable building guidelines which are stipulated in a Constitution or Memorandum of Incorporation (“MOI”) which every homeowner should be made aware of, read and understood. The guidelines will differ from estate to estate and it is important for the homeowners to adhere to these provisions. When one […]
Sectional title bliss
Sectional title bliss Where starter homes in quiet suburbs used to be the norm when it came to first buys for working professionals and young couples, it seems like J.G. Ballard’s 1975 novel, High Rise, may have predicted the future of residential development accurately. More and more individuals and families alike are choosing to opt […]
Make the most of your rental property
Make the most of your rental property Investing in a property can be one of the best decisions you make. It is also one of the investments you need to consider most carefully to make sure you continue reaping its benefits when the market shifts. The key to an informed purchase and continuing growth is […]