How much will I save if I sell my house? A big highlight for property sellers and buyers is that, having remained unchanged since 2012, the primary residence exclusion for Capital Gains Tax has been increased from R2 million to R3 million.
As intimidating as that old Roman law adage sounds, it has a very simple and common sense meaning: No one can transfer more rights to another than he himself has.
Amid war, fracturing geopolitics and increased global tensions, the new United States ambassador to South Africa fired some verbal missiles in his first public appearance in the country. Concurrently, Chinese President Xi Jinping made a low-profile announcement that could affect SA profoundly.
The Renter’s Rights Act could disadvantage vulnerable tenants, according to Louisa Sedgwick, head of mortgages at buy-to-let lender Paragon. Speaking on the latest episode of Housing Unpacked, ten days before the law comes into effect, she said landlords would screen potential tenants more cautiously as a result of the new rules.
The question of who is responsible for resultant damage is one of the most common, and often misunderstood, issues in sectional title schemes. Consider this familiar scenario: a leaking shower base in one section causes damage to the ceiling of the section below. Who is responsible for repairing, and paying for, that damage?
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