71. Clauses of the Deed Of Sale

Click Here to download comprehensive free Deed of Sale The identities of the parties must be ascertainable. The seller need not be the owner; he may not yet have taken transfer of the property, but may be allowed to resell it. This must however...

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72. 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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73. Cancelation Of Mortgage Bond

Once your home loan is fully paid, you may have the option of keeping the bond facility available to you. This is important if you need to borrow more money in future. You will not have to incur bond registration costs again in the future (on the...

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74. What is a Title Deed and why is it so important?

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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75. Managing or Letting Agent

Using a professional managing or letting agent is ideal when you do not have the time to manage your property/ies. There are generally two types of agents as far as letting goes:   A Full Management Agent takes care of the whole letting...

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76. The Registration Process

CONCLUDING A WRITTEN DEED OF SALE The Act prescribes certain information to appear in a deed of sale: parties to the agreement;price as agreed upon and property description. Supplementary information includes: method of payment of purchase...

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77. Latent and patent defects and the voetstoots clause

What is the effect of a voetstoots clause in a Sale Contract on the discovery of undisclosed defects by the buyer on taking occupation of a property? When you buy something, there is an implied warrantee that the thing sold is free from any...

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78. Tips on Buying Property

Buying a property is most people’s biggest financial commitment. Most also look at it as a long life investment. So why not take time and do it right? Buying a property might be time consuming, expensive and frustrating but in today’s...

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79. Separate rates clearance certificates for Sectional Title Units

Pretoria Registrar's Circular 2/2008 Pretoria Registrar's Circular No.2 of 2008 - As from the 1st of July the City of Tshwane Municipality will be rating sectional title units separately. Therefore separate rates clearance certificates must be...

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80. Early Termination Interest

Any bond holder intending to sell or cancel their home loan should take heed of the following information. When the home loan is granted the normal period that the client will take to repay the bond is 20 years and the prevailing bond rate at that...

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