The long-awaited Property Practitioners Act finally came into effect this year and brings with it significant changes to the real estate industry. The Act takes a more consumer-focused approach and is premised on the need for transformation in the property sector. Property practitioners The Act has widened its scope of application by consolidating all role...Read More
Buying a house is a big decision, one in which the buyer will have invested numerous hours of research, planning and careful consideration. It makes sense then that a buyer would want their property transfer to be finalised as quickly as possible. But while property transfers are of nature a time-consuming process, there are steps buyers can take to make sure the...Read More
Despite the recent interest rate increase, South Africa is still currently in what is deemed a “buyer’s market”, where first-time homebuyers are enjoying the opportunity of entering the property market at a much earlier stage than their financial situations would have allowed in previous years. But it’s precisely the fact that so many homebuyers are...Read More
Selling your home involves various costs, and you may get out of your sale less than what you expected. Do these costs apply to you? Bond costs Cancellation Costs If you have an existing bond with a bank, you will be charged to cancel it when selling your house. This bond cancellation can cost you...Read More
RENTAL HOME IMPROVEMENTS: WOMEN STANDING UP FOR THEMSELVES – HJD Robertson Margaret Thatcher said: “If you want something said, ask a man; if you want something done, ask a woman.” In South African law a landlord may decide whether he or she wants to rely on specific performance or claim for damages in instances where a...Read More
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