Blog

  • Posted April 26, 2022

WHO PAYS FOR WHAT IN THE PROPERTY TRANSFER PROCESS?

TRANSFER COSTS DEMYSTIFIED  Buying or selling property is a very important financial decision in the life of most people. The process of buying or selling a property remains daunting and somewhat mysterious,   and as the costs involved are significant, this is an important factor. At FHA we believe in keeping our clients informed so […]
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  • Posted March 22, 2022

RETRENCHMENTS: THE EMPLOYER’S CONTINUING COVID HEADACHE

With the advent of Covid-19 more than two years ago, the financial strain on companies has forced many to restructure their businesses, impacting most significantly on their employees. As a result, the Commission for Conciliation Mediation & Arbitration (CCMA) has received thousands upon thousands of complaints from aggrieved employees seeking to challenge the fairness of […]
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  • Posted February 25, 2022

AIRBNB AND SHORT-TERM LETTING IN CAPE TOWN – WHAT YOU SHOULD KNOW

Property owners beware: you cannot assume that you automatically have the right to rent your property on a short-term basis on online platforms such as the popular Airbnb. Remember that The City of Cape Town regulates all land use within its jurisdiction. This regulation is structured in the Municipal Planning By-Law (MPBL) of 2015, together […]
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  • Posted November 29, 2021

“WITH A SHOVE OF THE FOOT”

In the majority of property sale agreements, you will more than likely come across the voetstoots clause : a common law principle that literally means sold “with a shove of the foot”.  All contracts have an implied warranty ie. that the property sold is free from any defects. However, the voetstoots clause means that what […]
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  • Posted October 25, 2021

I’M BUYING A HALF-SHARE IN THE PROPERTY – IS TRANSFER DUTY STILL APPLICABLE?

We all know that transfer duty is payable on the acquisition of immovable property where the value exceeds R1 million, and where the transaction is not subject to VAT. But what about a situation where only a half share is being acquired, at a purchase price of less than R1m? Transfer duty is a tax […]
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  • Posted September 22, 2021

SUBDIVISION v SECTIONAL TITLE: THE PROPERTY-OWNERS GUIDE

Most Cape Town property owners will be aware of the fact that an amendment to the Municipal Planning By-Law (MPBL) in 2020 now allows for the construction of a third dwelling on properties zoned Single Residential (DENSE JUST BECAME DENSER [Jan 2020]).  In light of the new opportunities that this amendment has created, many of our […]
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  • Posted August 20, 2021

THE MILLION-DOLLAR QUESTION: HOW LONG WILL MY PROPERTY TRANSFER TAKE…?

Wouldn’t it be amazing if we had a definite answer to this question and all parties involved could have peace of mind and certainty that registration of transfer will take place on a particular date? The reality, however, is that there are just too many “moving parts” in the South African property transfer process for […]
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  • Posted July 16, 2021

HOME OWNERS ASSOCIATIONS AND COMMUNITY LIVING

With modern lifestyle in a post-Covid society top of mind with most property purchasers, the popularity of Security Estates and Community Living remain on the increase. Many such Estates and Communities are governed by a Homeowners’ Association (HOA) and this article discusses the role that HOA’s play in the world of property ownership. HOA’s are […]
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  • Posted May 7, 2021

RATES REFUND FROM THE CITY OF CAPE TOWN…, WILL I EVER GET IT?

So, you’ve sold your property and are aware that the Purchaser pays all the costs of transfer. Then your Conveyancer asks you for roughly 3 times your monthly rates and utilities account to be paid to him upfront! There is the promise of a refund in respect of any over-payment made, but will this ever […]
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