A breakdown of how much interest and insurance was paid, as well as total repayments to the home A sum of borrowed money (principal) that is generally repaid with interest. Afrikaans - Lening

A person who occupies a property, but does not own it and pays rent in return. Afrikaans - Huurder

A property development where occupancy time is sold.

A document that gives evidence of an individual's ownership of property. It includes the following information about the property: names of the current and previous owners; a full description including it’s square meterage; the purchase price paid by the existing owner; all A clause that renders the operation and consequences of the contract as a whole dependent on an uncertain future event. A suspensive condition suspends the operation of the contract for a period of time, subject to the occurrence of a future event, and only if and when the condition has been fulfilled will an enforceable contract exist. In the case where a resolutive condition is stipulated, the contract is immediately binding and will remain binding unless the condition is not fulfilled. Afrikaans - Toestand

A general term for either a A sectional title unit on one level with no stairs. Afrikaans - Simpleks

Costs payable for the registration of a property and include A tax levied by the government on the transfer of land. If the purchase price includes VAT no transfer duty is payable. Afrikaans - Hereregte

A tax levied by the government on the transfer of land. If the purchase price includes VAT no transfer duty is payable. Afrikaans - Hereregte

Appointed by the seller to attend to the transfer of the property into the name of the buyer. Afrikaans - Oordragprokureur

A A legally enforceable agreement, for example a lease or sale. Afrikaans - Kontrak

The separate When attorneys and/or realtors hold money for clients, it is deposited into separate Interest Bearing Accounts, until these monies and interest accrued during this time have to be paid out to whom they are owed. Afrikaans - Rentedraende Rekening

A person appointed to manage the affairs and assets of a trust. In terms of A development made up of sections, whereby all section owners are members of a Body Corporate. Each section owner is responsible for their own section. Afrikaans - Deursnee Titel