1. Transfer and Bond Cost Calculator Courtesy of Louwrens Koen Attorneys and Conveyancers

South African Property Law and Conveyancing No Transfer Duty from Company, CC or Trust Transfers can take place from a Company, Close Corporation and Trust to its Shareholder / Member or Beneficiary free of...

Tuesday, 27 October 2009 | 27362 hits | Print | PDF |  E-mail | Report | Read more

2. What happens at the deeds office?

What happens at the deeds office? The conveyancer will lodge the title deed and other documents that he has prepared in the deeds office for registration. The deeds office is a government registry of ownership in all fixed property and other rights...

Friday, 06 February 2009 | 5198 hits | Print | PDF |  E-mail | Report | Read more

3. Rezoning or Subdividing Your Property.

You need to apply to the local authority to re-zone or subdivide a property. Your application can take anything from 6 to 4 Years to be approved or declined. The documentation required is very involved and expensive, it is advisable to seek...

Friday, 06 February 2009 | 4601 hits | Print | PDF |  E-mail | Report | Read more

4. Rates Clearance Certificate from the Municipality.

When a property is changing ownership the transferring attorney will need to apply to the council (local authority) for a rates clearance certificate. The clearance figure is normally six months in advance on the sellers account. Only once the...

Friday, 06 February 2009 | 3558 hits | Print | PDF |  E-mail | Report | Read more

5. OFFER TO PURCHASE PROPERTY

OFFER TO PURCHASE PROPERTY OFFER TO PURCHASE ...

Monday, 11 May 2009 | 3112 hits | Print | PDF |  E-mail | Report | Read more

6. 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 | 2924 hits | Print | PDF |  E-mail | Report | Read more

7. 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 | 2785 hits | Print | PDF |  E-mail | Report | Read more

8. 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 | 2595 hits | Print | PDF |  E-mail | Report | Read more

9. 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 | 2576 hits | Print | PDF |  E-mail | Report | Read more

10. 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...

Friday, 06 February 2009 | 2210 hits | Print | PDF |  E-mail | Report | Read more