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In terms of the new Bill, any homebuilder or developer who undertakes or commissions the building of a home must apply for registration with the National Homebuilders' Regulatory Council (NHRC)
There are instances where the management companies of upmarket estates deduct a percentage of the value of a property automatically (usually from the estate agent's commission).
Many people wishing to sell or purchase a property may be ignorant of the various steps that are involved in a property transaction.
The parties involved in the property transfer process include the seller, the buyer, the transferring or conveyancing attorney’s, the bond attorney and the bond originator.
Your residential home may be comprised of more than one erf. One erf may have a house built on it while the other erf may be vacant and simply form part of the garden.
The question now arises as to how property rates and other services are charged on erven that do not have residential structures but which still form part of a person’s residential property.
Selling property may not be as easy as many people think.
In fact, if you sell your immovable property without approved plans, this process might turn into a complete nightmare, with you forking out extra money.
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