201. 98 Substituted copy of lost deed supersedes original which must be surrendered on recovery

98 Substituted copy of lost deed supersedes original which must be surrendered on recovery (1) If a copy of a registered deed or other document has been issued, in manner prescribed by regulation, in substitution of a deed or other document which...

Monday, 06 September 2010 | 46 hits | Print | PDF |  E-mail | Report | Read more

202. 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...

Friday, 06 February 2009 | 696 hits | Print | PDF |  E-mail | Report | Read more

203. 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...

Friday, 06 February 2009 | 670 hits | Print | PDF |  E-mail | Report | Read more

204. 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...

Friday, 06 February 2009 | 1325 hits | Print | PDF |  E-mail | Report | Read more

205. Suspensive Conditions

Most sales of immovable property are concluded subject to one or more suspensive conditions. One of the legal definitions of a suspensive condition is that it is a condition which suspends the operation or effect of one or more of the...

Friday, 06 February 2009 | 4391 hits | Print | PDF |  E-mail | Report | Read more

206. "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...

Friday, 06 February 2009 | 673 hits | Print | PDF |  E-mail | Report | Read more

207. 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...

Friday, 06 February 2009 | 387 hits | Print | PDF |  E-mail | Report | Read more

208. 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...

Friday, 06 February 2009 | 526 hits | Print | PDF |  E-mail | Report | Read more

209. 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...

Friday, 06 February 2009 | 608 hits | Print | PDF |  E-mail | Report | Read more

210. 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...

Friday, 06 February 2009 | 791 hits | Print | PDF |  E-mail | Report | Read more