The Effect of Unforeseen Events in Property Transactions - Absence Of Approved Building Plans
Category Property Transaction
Most Agreements for Offer to Purchase does not make provision for the providing of Approved Building Plans but rather makes provision for the Seller to warrant
Constitutional Court Dismisses Direct Access To Court For Home Loans Class Action Against Banks
Category Property Market News
An application for direct access to the Constitutional Court (ConCourt) on behalf of some 200 people, objecting to the conduct of the nation’s largest banks and
Rules pertaining to boreholes and wellpoints in the larger Cape Town area
Category Legal Thought of the Week
Boreholes and wellpoints have become particularly attractive facilities in the current severe drought in the larger Cape Town region.
Who Is Responsible For The Bond Cancellation Costs?
Category Property Thought Of The Week
When immovable property is sold, it is in most instances the purchaser that is liable for the costs of the transaction, ie to register transfer of ownership int
Is A South African Will Enforceable On Foreign Property Owned By SA Resident?
Category Financial Advice
A South African client who owns property in Namibia and the UK, recently asked me what would happen to his offshore assets if he were to die while resident in S
Dealing with a deceased's immovable property?
Category Property Thought Of The Week
The legal requirements that ordinarily apply to the sale of land, also apply to property that is sold out of a deceased estate, namely that the agreement must b
Mayor De Lille visits desalination plant site at VA Waterfront
Category Water Crisis Western Cape
Today I visited the site of one of the City of Cape Town’s modular land-based desalination plants. The plant will produce 2 million litres of water per day and
When Do You Pay VAT or Transfer Duty With Property Sales?
Category Property Transfer
Buying a property comes with a number of expenses in addition to the basic sale price, one of which will be either VAT or Transfer Duty. Every property transact
Banks Face R60 billion Claim For Selling Homes Of Defaulting Debtors At Prices Below Market Value
Category Property Market News
A joinder application seeking permission for 70 new applicants to join a class action suit against the nation’s largest banks and home loan providers has been f
Taxed when making donations?
Category Property Thought Of The Week
In South Africa we are subject to donations tax, so simply giving away or selling your assets for less than their actual market value, with no obligation to rec