Property News - October 2024
Welcome to our Property Investment Newsletter, the aim of which is to keep you up to date and informed as to the most recent property trends and news.
Please feel free to contact us with regards to all your Residential, Commercial and Industrial sales, lettings, auction and property management requirements. We look forward to being of service to you!
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Articles
Sectional Title - Obtaining Body Corporate Information (Part Two)
The Distinctions between Member Requests and Applications under the Management Rules
Legal Update - Home Buyer loses R5.5m in Phishing Scam ... Don’t Make the Same Mistake!
Cybercriminals absolutely love targeting property transactions because they provide the perfect mix of large money deposits, heavy reliance on email communication from trusted parties like attorneys, banks and estate agencies, and deadlines creating a sense of urgency and lack of attention to detail.
Property Sales - Why Buyers Should Ask for Building Plans (and Why Sellers Should Supply Them)
Here’s a nightmare scenario for a buyer – you move into your new dream home, and only then find out that your lovely little office/spare bedroom extension has no approved building plans. The municipality says the seller’s building works were unapproved and unlawful - you must demolish the extension. How can you guard against that happening to you?
Legal Speak Made Easy - "Pacta sunt servanda”
"Pacta sunt servanda” is an important and fundamental legal principle internationally. It simply means “agreements must be kept”. There are limitations, and increasingly in South Africa our courts have referred to values of ubuntu, fairness and public policy ...
SA Politics - The middle ground is getting stronger
Two and a half months into the Government of National Unity (GNU) and contrary to the expectations of many, it is holding firm. A major red line for some coalition parties – the BELA bill – was crossed when the president signed it.
