When a property is sold who has the right to appoint the attorney to attend to the transfer? Firstly, it is important to be aware that not all attorneys are conveyancers. Only qualified conveyancers may prepare Deeds of […]
The lock-up and go lifestyle afforded by cluster housing developments, townhouses and apartments has become popular in South Africa. This lifestyle provides a number of advantages including convenience, relatively low maintenance and security.
One my associates is currently dealing with a matter on behalf of a client which arose as a result of the client taking advice “from a friend” on tax issues relating to the purchase of a property. The facts of […]
Immovable property may be registered in the name of natural persons or in the name of a legal entity such as a trust, CC or company. Clients who intend purchasing a residential property which is to be their primary residence […]
A reader addressed a letter to the Editor (Weekend Post August 2) regarding an article which appeared in the Property Post, July 26th, regarding Capital Gains Tax (CGT). In the letter the reader enquired whether it was necessary for the […]
Recently, a client of mine, who was interested in purchasing a holiday home which formed part of a shareblock scheme was informed by the Seller’s representative that no transfer duty was payable on the transaction. The asking price of the […]
It has become a fairly popular practice (especially amongst affluent people) to register property in the name of a legal entity such as a close corporation, company or trust rather than in their personal names. A trust is a […]
Last week I discussed legislation and recent court decisions pertaining to a property owners “right to a view“. The legislation in question is the National Building Regulations and Building Standards Act of 1977 (“the Act”).
A decision of the High Court in Natal and the subsequent appeal to the Supreme Court of Appeal relating to a “right to a view” generated a great deal of media attention and concern. The reason for this […]