Posted February 6, 2020

DO YOU KNOW WHERE YOUR TITLE DEED IS?

It is critical to the transfer of your property. To answer this question, ask yourself. “Do I have a bond over my property?” If the answer is YES, (even if the loan amount has been paid up) then the bank will have your Title Deed. However, if you purchased your property in cash or have previously […]

Posted January 15, 2020

DENSE JUST BECAME DENSER: THIRD DWELLINGS WILL BE ALLOWED ON SINGLE RESIDENTIAL PROPERTIES IN THE CITY OF CAPE TOWN IN 2020

The Municipal Planning By-law (MPBL) regulates development and land use in Cape Town and recent amendments relevant to the property industry will allow for controlled densification and the letting of flats on a short-term basis. Let’s take a look at these 2 amendments in further detail: 1. The provision of a third dwelling as an […]

Posted December 3, 2019

OUR GIFT TO YOU THIS YEAR

Our gift to you this year is to make a difference to the future of South Africa, through the education of children together with Bright Start, by providing 3 students with their school uniforms for the 2020 year. These 3 children have completed their junior school careers and will be moving on to their respective […]

Posted December 3, 2019

WHY IS IT THAT THE SELLER APPOINTS THE CONVEYANCER TO TRANSFER THE PROPERTY, BUT THE BUYER MUST BEAR THE COSTS OF TRANSFER?

“I’m selling my property, and the prospective purchaser has been insistent that his attorney attend to the conveyancing work necessary to pass transfer. He says that as he is paying the fees and costs of transfer that he should be allowed to appoint the conveyancer – shall I allow him to do so?” Given that […]

Posted December 3, 2019

HOME OWNERS, DO YOU KNOW WHERE YOUR TITLE DEED IS…? NEW DEEDS OFFICE PROCEDURE FOR LOST DEEDS TO BE INTRODUCED IN 2020

In order to answer the above question you must first ask “Do I have a bond registered over my property?” If the answer is YES, (even if the bond agreement amount has been paid in full) then the bank will be in possession of your Title Deed. HOWEVER if you purchased your property in cash […]

Posted November 6, 2019

BUYING OR SELLING PROPERTY – WHAT ARE THE IMPLICATIONS OF THE LAW GOVERNING YOUR MARRIAGE?

I recently had a client ask whether she could register a property in her name only, rather than jointly with her spouse, despite the fact that she was married in community of property. This prompted me to write this article, setting out in broad strokes the different marital systems available in South Africa and the […]

Posted September 29, 2019

WHAT DO YOU ACTUALLY GET WHEN YOU BUY AN APARTMENT?

PURCHASING A UNIT IN A SECTIONAL TITLE SCHEME While browsing the internet you see a listing for a beautiful modern apartment with sea views, secure garages, underground parking bays, a pool and beautifully maintained gardens for a fraction of the price of the houses you have been looking at. You go and view the apartment […]

Posted August 28, 2019

SELLERS, REMEMBER TO SPECIFY WHAT YOU INTEND TO TAKE WITH YOU WHEN YOU SELL YOUR PROPERTY

By default, the sale of immovable property includes everything fixed and fitted to the property that is sold. So if you were to visualize the sale of your property as the sale of a dolls house, everything that would remain after you pick it up, turn it over and shake it – is sold! It […]

Posted July 26, 2019

JOIN US ON THE FHA/BRIGHT START JOURNEY

Athandile has just finished up his FATs at school (Formal Assessment Tasks), but has not received his results for these yet – if his past marks are anything to go by, he will have nothing to worry about. He is currently playing soccer five times a week (two days for school and three days […]

Posted July 26, 2019

HOW INTEREST RATES IMPACT THE PROPERTY MARKET

News of the recent 25 basis points cut in the interest rate by the Monetary Policy Committee (MPC) of the South African Reserve Bank (SARB) was met with relief by consumers, and hailed as good news for the property industry. With further cuts to the interest rate rumoured to follow when the MPC meets again […]

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