Legal Stuff

Legal requirements when registering a property in a company

By Engel&VolkersSA+ on Monday, December 1, 2014

Legal requirements when registering a property in a company

Perhaps you made a decision to buy a property in the name of a company registered with the Companies and Intellectual Properties Commission (CIPC)? Here’s some stuff you need to know!

Webinar: property rights and land distribution laws

By Private Property | Scott Picken of IPS+ on Monday, November 10, 2014

Is South Africa hoisting another red flag that investors need to watch out for? How are you going to be affected by the new property rights and land distribution laws?

Pros and cons of a paid-up bond facility

By Private Property | Kloppers Incorporated+ on Monday, June 23, 2014

Where the full term of the home loan period is reached and the account reflects a zero balance and the owner elects to keep the home loan open, the owner should be aware that monthly bank service fees as well as the insurance premiums (if applicable) will be levied by the bank for as long as the account is open.

Capital Gains Tax for property owners and investors

By Private Property | Rawson Property Group+ on Monday, June 23, 2014

The ramifications and implications of South Africa’s Capital Gains Tax are these days fairly well understood by the business community and those with substantial assets, but the average home owner and smaller property investor have quite often never really investigated or got to grips with the Act.

What happens when levies aren’t paid

By Private Property | Propell+ on Monday, June 9, 2014

Owners of units in sectional title schemes who do not pay their levies place an unacceptable burden on the other members of the scheme.

The different types of rental mandates

By Private Property | Knight Frank+ on Monday, June 9, 2014

When renting out a property, the landlord should have signed a mandate with his agent if he has employed one, which sets out the terms of the service contract between them.

Evicting squatters off private property is costly and time-consuming

By Private Property | Michael Bauer of IHFM+ on Monday, June 9, 2014

People who occupy private property illegally are difficult to evict and this process will often take the landlord many months to do, causing great loss in earnings and time.

Access bonds offer tax-free savings opportunities

By Private Property | ooba+ on Tuesday, May 13, 2014

Having an access bond is one of the smartest ways you can manage your home loan as it allows you to withdraw the extra money that you’ve deposited, when you need it.

Credit Amnesty Bill grants opportunity to clean slate – by Kathy East

By Engel&VolkersSA+ on Wednesday, April 30, 2014

The new Credit Amnesty Bill was received with much anticipation and expectation. Especially for many South Africans living with a track record of unpaid debt, they were presuming this would be their rescuer and a Bill which will remove all traces of current or previous bad credit records.  “This is very definitely not the case [...]

Leases can be adjusted to suit needs

By Private Property | Michael Bauer of IHFM+ on Monday, April 14, 2014

Landlords, particularly DIY landlords tend to use a general lease agreement that they have possibly bought from their stationers, but they don’t realise that they can adjust their lease agreements to fit in with their individual needs.

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