Fatal building failures in South Africa, like the collapse of a new Tongaat shopping mall, will proliferate due to a lack of adequate policing of building standards and of building materials.
Advice to landlords has in the last few years been particularly prolific and has definitely contributed to the growing interest in property as an investment – and this is a welcome step forward.
While there are a few rental guarantee products on the market at the moment, Mi-Rent offers an extremely comprehensive product at a competitive rate, the likes of which were until recently available only to rental management companies.
Landlords are often seen as villains who ask for exorbitant deposit fees which they are reluctant to give back, and who press their tenants mercilessly for rent money every month. The truth is, however, that landlords can often feel themselves the victim.
Certain investors, while enjoying the current scenario in which rents are rising fast year-by-year, tend to be very slack about ensuring that their properties – as well as those of their neighbours and communal grounds – are properly maintained.
While the process of purchasing an off-shore investment property may be complex and time consuming, the process of managing the property after the purchase can be demanding.
Investing in property is not without its pitfalls. Any number of glitches can occur during the property transfer process and – as many buy-to-let investors know – tenants can be tricky things to manage. But legal help is at hand.
If you run your own business, you may find it tricky to buy a property – and this applies as much to a first-time home buyer as seasoned property investor.
Sectional title is a complex subject that many people don’t quite understand; it has become evident that there is a need for additional training in the sectional title arena.
Denoon Sampson of the Sandton conveyancing firm, Denoon Sampson Ndlovu Inc, comments on how ineffectual the Property Condition Report is and suggests a better solution. When a disgruntled purchaser telephoned one of our conveyancers to complain that the Property Condition Report was contradictory and therefore, a completely useless document ; we were not surprised. He was [...]