51. Sectional Title in a nutshell

Sectional Title Examples of sectional title units are flats, townhouses, semi-detached houses, duet houses, holiday apartments, shops or office blocks. In the case of sectional title units, different people each own a portion of a building or...

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52. WHAT IS THE COMMON PROPERTY and EXCLUSIVE USE AREAS?

WHAT IS THE COMMON PROPERTY?  This comprises the areas which are utilized by all owners, e.g. the grounds, driveways, roads, recreation facilities, corridors, entrance areas and exterior of the building i.e. whatever does not constitute...

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53. SARA permission

SARA permission A Person may not alter or demolish any structure or part thereof which is 60 years or older without a permit from the relevant Provincial Heritage Resources Authority. Speak to one of our Conveyancers for Specialist advice in...

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54. Special Levy

A Body Corporate may raise a special levy in order to effect alterations or improvements to the sectional scheme. The special levy is payable over and above the normal monthly levies. The special levy will be calculated according to each...

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55. Does a minor selling or purchasing property have to be assisted by his guardian(s) when signing the Offer to Purchase?

Does a minor selling or purchasing property have to be assisted by his guardian(s) when signing the Offer to Purchase? Yes. Where a minor is selling property, the assistance of both guardians is required. This also applies where the minor is...

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56. What is the position with parties signing Deeds of Sale in a representative capacity/on behalf on another person or entity?

What is the position with parties signing Deeds of Sale in a representative capacity/on behalf on another person or entity? I n terms of section 2(1) of the Alienation of Land Act No 68 of 1981, no alienation of land shall be of any force or...

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57. What is involved if a seller or purchaser wants to have a title deed condition removed. What is the cost? How long does it take?

What is involved if a seller or purchaser wants to have a title deed condition removed. What is the cost? How long does it take? There are two options available. Firstly, one can make application to the High Court for a court order that the...

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58. The difference between possession and occupation

The difference between possession and occupation Occupation is the right to use and enjoy the property.   Possession is associated with the legal risk  of  loss  or  destruction of  the property and the right to enjoy the...

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59. Conveyancing Terms Explained

Glossary of Conveyancing terms: Act An Act is a form of legislation passed by the courts for the government. Addendum An Addendum is a supplementary agreement to an original sale contract covering points agreed to afterwards. It is a...

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60. Conveyancing Terms Explained

Glossary of Conveyancing terms: Act An Act is a form of legislation passed by the courts for the government. Addendum An Addendum is a supplementary agreement to an original sale contract covering points agreed to afterwards. It is a...

Friday, 06 February 2009 | 536 hits | Print | PDF |  E-mail | Report | Read more