Transfer Duty: No Surprises Part 3
I have recently been inundated by elderly parents wishing to transfer their immovable property to their children before they pass away. I reminded the parents that if the children are not liable to pay for the property, the transaction may be deemed to be a donation by the South African Revenue Services (SARS), and they […]
Another walk through the deeds office
The deeds office is a vastly complex and daunting system to master. It takes Conveyancers years to fully understand not only the process of conveyancing but also the internal workings of the Office. This is a brief overview of the process we as Conveyancers follow when we arrive at lodgement and beyond. Step 0: Instruction […]
A walk through the Deeds Office
The deeds office is a vastly complex and daunting system to master. It takes conveyancers years to fully understand not only the process of conveyancing but also the internal workings of the office. This is a brief overview of the process we as conveyancers follow when we arrive at lodgement and beyond. Step 0: Instruction […]
Investing in a rental property
Buying a rental property could be an incredible investment opportunity, however, it’s important to make a well-informed decision before investing, as it is not for everyone. Although investing in a rental property provides many benefits, such as a potential extra income, and a way of paying off the property, it poses certain risks as well. […]