The rising popularity of sectional title ownership
Sectional titles have become a staple in the real estate industry over the past decades. And with all the benefits that come with it, it makes sense. Heightened security, lower insurance costs on buildings and outdoor areas, shared maintenance costs with other owners, becoming part of a community, no cleaning the pool on Saturday mornings – it sounds like any […]
Buying a property in your 20s
The property market has been a more advantageous ground recently than it has been in the past few decades. Especially if you are a millennial, whose news feed keeps you updated on just about everything that goes on in the world, it’s not something that has gone unnoticed. This has brought the question of whether to purchase a house or to go […]
What’s next for the property market?
Many industries are piecing things back together again this year, as they try to recover from the effects of the pandemic or recreate themselves to remain relevant in a changing world. One industry that has been left unaffected to a great extent, and yet has had to re-create itself almost entirely in the same breath, […]
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 […]
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 […]
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 […]
Shared titles, shared responsibility?
The case of Du Plooy and The Cascades Body Corporate and Another deals with a slip-and-fall incident by one of the owners in the scheme and member of the body corporate who was subsequently entrusted by the owners with the duty of the cleaning and gardening services. Mr. Du Plooy, as Plaintiff, slipped and fell […]
Looking for the perfect property?
For more than three-quarters of South Africa, renting a home is the answer to their residential needs. Many tenants, though, are falling into the cracks of the rental market due to their over-eagerness. In your hunt for the rental that meets your needs, don’t lose sight of what those needs are. If you’re looking for […]
Can you deregister or terminate a trust?
There is no provision in the Trust Property Control Act, 1988 that requires the deregistration of trusts. However, this said, it does not mean that a trust can never be terminated, as there are a few events that can occur during the lifetime of the founder, the trustees or the beneficiaries. When considering the termination […]