101. 51 Valuation of land and buildings and recovery of rates by local authorities

51 Valuation of land and buildings and recovery of rates by local authorities (1) (a) When a local authority causes land and buildings comprised in a scheme to be valued for any lawful purposes, the land and buildings thereon shall, subject to the...

Tuesday, 07 September 2010 | 47 hits | Print | PDF |  E-mail | Report | Read more

102. National Home Builders Registration Council.

National Home Builders Registration Council. The NHBRC was established through the Housing Consumer Protection Measures Act, 95 of 1998, to protect the buyer of newly built or still to be built residential properties, in the event that...

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103. What must happen at the first meeting of the Body Corporate?

Section 36(7) of the Act states that within 60 days of establishment, the developer is obliged to convene a meeting of the new body corporate. The agenda for this meeting, of which at least seven days notice must be given, is prescribed by...

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104. Quorum for decicions at Anual General meeting

Management rule 57 states that no business may be transacted at a general meeting unless a quorum is present, either in person or by proxy. For the purpose of a general meeting, a quorum is defined as: In schemes of ten units or less - owners...

Wednesday, 18 March 2009 | 321 hits | Print | PDF |  E-mail | Report | Read more

105. What is a Title Deed?

The owner of Immovable Property is the person in whose name the property is registered in terms of the Deeds Registries Act 47 of 1937. A Title Deed is the owner of immovable property's documentary proof of ownership. Each privately owned property...

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106. Estate Agent Mandates Explained

A Mandate is an instruction or authority from a client to an estate agent, to render a particular estate agency service. It is a legally binding contract between the estate agent and his client, that need not be in writing unless in the case...

Monday, 09 February 2009 | 2584 hits | Print | PDF |  E-mail | Report | Read more

107. What is a contract?

Click Here to Download Comprehensive Free Offer to Purchase/Deed of What is a contract? A contract is an agreement between two or more people in terms of which one party offers to do, deliver or not do something, and the other part accepts...

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108. A Quick Checklist when completing an Offer to Purchase:

Click Here to Download Comprehensive Free Offer to Purchase Check that the description of the property is correct (as described in the title deed). Are all the buyers' & seller's details documented clearly? Check that the purchase price...

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109. Housing Development Schemes for Retired Persons

These schemes usually have extraordinary features, which other developments don't have, such as a frail care centre or full-time nursing care, restaurant facilities, great emphasis on security, etc. There can also be certain stipulations, which make...

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110. PURCHASING IMMOVABLE PROPERTY IN SOUTH AFRICA AS A NON-RESIDENT

There are various issues involved in purchasing immovable property in a foreign country which extend beyond the mere signing of contracts and documents and paying of money of which the aver-age non-resident interested in purchasing property is...

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