21. 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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22. Fractional Ownership

Fractional Ownership can be defined as the collective ownership of an asset, usually one with a high monetary value. Usage of the asset is shared amongst the owners by means of an ownership usage roster. The running costs are also shared...

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23. 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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24. 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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25. 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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26. 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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27. 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 | 542 hits | Print | PDF |  E-mail | Report | Read more

28. What is a Home Owners Association

What is a Home Owners Association When freehold properties are designed as a unit eg. a complex of townhouses or enclosed neighbourhood or golf estate, they are sometimes bound together by means of a Home Owners...

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29. WHAT IS CONVEYANCING?

WHAT IS CONVEYANCING? The term "CONVEYANCING" describes the legal process whereby a person, company, close corporation or trust becomes the registered and lawful owner of fixed property and ensures that such ownership cannot be challenged. It...

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30. What happens with trust monies?

  Section 78(2a) of the Attorneys Act specifically makes provision that an attorney, at the instruction of any person, may open a trust savings or other interest bearing account and the interest is paid out according to instruction. These...

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