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Buying a Property?
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Home Builders – Your Contractor Must Register with the NHBRC
“…the Act is consumer-protection legislation designed to offer protection against incompetent builders and the construction of homes having structural defects” (extract from judgment below) In...
Property Transfers and Trust Account Theft: A R720,000 Warning
“The issue of whether a conveyancing attorney receives the money as the agent of the seller, or of the purchaser, or of both, or as trustee for both to await the event, is a somewhat vexed...
Property Buyers: There’s a New Deduction from Interest Earned on Your Deposit
When you buy property, the sale agreement often provides for you to pay a deposit (normally 10% of the sale price) to the conveyancer (the attorney transferring the property into your name), to be...
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Property Buyers: Beware Unlawful Occupiers!
“The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell” (Sir John Templeton, billionaire investor) You are it seems in good company if...
Buying Your First Home with a Government Subsidy
Note: If you earn over R22k p.m. (the subsidy threshold) or aren’t personally in the market for a house in the “affordable housing” bracket, please think of forwarding this article to someone who...
Buying Your First House – An Action Plan
“Buy land – they’ve stopped making it” (Mark Twain) So you’ve decided to buy your first house – exciting! There’s nothing like owning and living in your very own dream house, and if you choose...
Beware the Building Deadlines When Buying-to-Build
Here’s yet another warning from our courts to take seriously the building deadlines commonly imposed on buyers of plots in residential estates. Failure to comply with them could expose you to...
Lending to a Friend or Selling Property on Credit – Must You Register as a Credit Provider?
“Neither a borrower nor a lender be For loan oft loses both itself and friend” (Shakespeare) It seems logical that the very strong consumer protections in the NCA (National Credit Act) are...
Buying Property this Festive Season? Check the Title Deed First!
“Don’t wait to buy land, buy land and wait” (Will Rogers) If you plan to buy property this Festive Season – perhaps your new dream house, or a holiday home, or an office for your business, or...
Can I have pets in a residential complex?
“I never married because there was no need. I have three pets at home which answer the same purpose as a husband. I have a dog which growls every morning, a parrot which swears all afternoon, and...
Buy That House! You’re off the Hook for the Seller’s Municipal Debts
“Why should a municipality be entitled to visit the sins of a predecessor in titleupon innocent third parties when there is no relationship or connection between that party and the debts in...
Your Property Sale Agreement: Be Careful How It’s Worded!
“In war and litigation, both sides suffer” (old Roman proverb) Here’s yet another reminder from our courts on how important it is – if you want to avoid the trials of litigation – for you to have...