11. Bond Repayments Calculator

Bond Repayments Calculator This calculator calculates the total monthly bond repayments on a property. Type in your details below, then click on the "calculate" button. --> ...

Tuesday, 27 October 2009 | 532 hits | Print | PDF |  E-mail | Report | Read more

12. Affordability Calculator courtesy of Louwrens Koen Attorneys

Affordability Calculator This calculator calculates the maximum home loan that you can afford. Type in your details below, then click on the "calculate" button. ...

Tuesday, 27 October 2009 | 1909 hits | Print | PDF |  E-mail | Report | Read more

13. What will my transfer and bond costs be?

Your estate agent and conveyancing attorney should be able to answer this question based on a schedule of bond and transfer costs. The transfer fees depend on the purchase price of the property. Bond costs are calculated on the total loan...

Friday, 06 February 2009 | 1789 hits | Print | PDF |  E-mail | Report | Read more

14. Will someone contact me to let me know when the property is registered?

A representative from your conveyancer's firm should contact you as soon as the registration has gone through. You will also be given a final statement of the account. Your estate agent may also phone you to confirm registration. The bank will...

Friday, 06 February 2009 | 324 hits | Print | PDF |  E-mail | Report | Read more

15. 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...

Friday, 06 February 2009 | 578 hits | Print | PDF |  E-mail | Report | Read more

16. 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

17. 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

18. 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 | 792 hits | Print | PDF |  E-mail | Report | Read more

19. 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 | 1436 hits | Print | PDF |  E-mail | Report | Read more

20. 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 | 418 hits | Print | PDF |  E-mail | Report | Read more