21. Estate Agent Mandates Explained

A Mandate is an instruction or authority from a client to an estate agent, to render a particular estate agency service. It is a legally binding contract between the estate agent and his client, that need not be in writing unless in the case...

Monday, 09 February 2009 | 2584 hits | Print | PDF |  E-mail | Report | Read more

22. Housing Development Schemes for Retired Persons

These schemes usually have extraordinary features, which other developments don't have, such as a frail care centre or full-time nursing care, restaurant facilities, great emphasis on security, etc. There can also be certain stipulations, which make...

Monday, 09 February 2009 | 2795 hits | Print | PDF |  E-mail | Report | Read more

23. 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...

Monday, 09 February 2009 | 688 hits | Print | PDF |  E-mail | Report | Read more

24. 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...

Monday, 09 February 2009 | 1904 hits | Print | PDF |  E-mail | Report | Read more

25. OFFER TO PURCHASE PROPERTY

OFFER TO PURCHASE PROPERTY OFFER TO PURCHASE ...

Monday, 11 May 2009 | 3115 hits | Print | PDF |  E-mail | Report | Read more

26. The Conveyancing and Transfer process of Property

Once an Offer to Purchase is duly signed by all parties it is handed to conveyancing attorneys traditionally appointed by the seller who then proceed with the formal process of conveying ownership of the property from the seller to the buyer and...

Wednesday, 27 January 2010 | 2942 hits | Print | PDF |  E-mail | Report | Read more

27. Offices of the Registrar of Deeds in South Africa

Office of the Chief Registrar of Deeds Area of jurisdiction: National City/ town: Pretoria Tel: 012 338 7000 Fax: 012 338 7027 Physical address: Office of the Chief Registrar of Deeds Rentmeester Building Bosman Street, Pretoria 0002 Post...

Thursday, 02 September 2010 | 1052 hits | Print | PDF |  E-mail | Report | Read more

28. VAT, TRANSFER DUTY AND STRUCTURING PROPERTY TRANSACTIONS

 The general rule is that when a seller is not a registered VAT vendor, transfer duty is payable on the purchase price by the Purchaser. However, when the seller is a VAT vendor, then VAT is payable on the purchase price by the Seller. As a...

Friday, 06 February 2009 | 2604 hits | Print | PDF |  E-mail | Report | Read more

29. Different Legal Entities Property Can Be Registered In

Immovable property may be registered in the name of natural persons or in the name of a legal entity such as a trust, CC or company. Clients who intend purchasing a residential property which is to be their primary residence (permanent home)...

Friday, 06 February 2009 | 508 hits | Print | PDF |  E-mail | Report | Read more

30. CAPITAL GAINS TAX (CGT)

    A In the letter the reader enquired whether it was necessary for the "ordinary houseowner" to have his or her property valued for CAPITAL GAINS TAX purposes. This question pertains to a very important exemption which applies in...

Friday, 06 February 2009 | 803 hits | Print | PDF |  E-mail | Report | Read more