51. Fixtures and Fitting Explained

  A buyer who purchases immovable property legally acquires the land together with all permanent improvements on the land. Permanent improvements include not only the physical structure but also items, which are permanently attached to the...

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52. Procedure for Transferring Ownership of Property in South Africa

Procedure for Transferring Ownership of Property              Most properties which are sold have an existing bond registered over the property and most Purchasers obtain a bond to purchase a property. When...

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53. Who Appoints the Conveyancer

Click Here to download Comprehensive Free Offer to Purchase Who Appoints the Conveyancer? Firstly I think it is important to be aware that not all attorneys are conveyancers. Conveyancers are qualified attorneys who have studied further and...

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54. HOW LONG SHOULD A TRANSFER TAKE

 An interesting article appeared in this months De Rebus (the S A Attorneys Journal). The article written by Lizelle Kilbourn, a conveyancer, dealt with the questions of how long a "typical transfer" of property should take and how long...

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55. "Voetstoots"

Almost every Deed of Sale/Offer to Purchase relating to the sale of immovable property contains a clause stating that the property is sold "voetstoots" (as is/as it stands). What is the effect of such a clause? Under the common law the...

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56. Estate Agent Mandates

Estate agents are involved in the vast majority of property sales. The seller often grants an agent a mandate to sell his property for a specific price. Such a mandate may be verbal or in writing. Sometimes sellers have a change of heart...

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57. FINANCIAL IMPLICATIONS OF BUYING SECTIONAL TITLE

A Sectional Title Scheme cannot be properly managed by the trustees unless all the owners make regular and prompt payment of levies. The non-payment of levies is one of the main reasons why some body corporates in South Africa find themselves...

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58. SECTIONAL TITLE SCHEME CONDUCT RULES

  Every sectional title scheme has rules which bind the body corporate and the owners and occupiers of all units in the scheme. There are two sets of rules, namely the management rules and the conduct rules. The management rules deal...

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59. Legal Implications and Ramnifications of signing a contract

  When disputes arise between sellers and purchasers of immovable property regarding the terms and conditions contained in the deed of sale I am often told by such persons that they didn't understand the legal implications and consequences of...

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60. REGISTERING PROPERTY IN THE NAME OF A TRUST

  It has become a fairly popular practice (especially amongst affluent people) to register property in the name of a legal entity such as a close corporation, company or trust rather than in their personal names. A trust is a popular choice,...

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