Property & Conveyancing - Legal Articles — Page 12

 

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From category archives: Legal Articles

Property & Conveyancing

How to become a real estate agent in South Africa - 5 steps

In order for a real estate agent to become qualified to earn a commission on sales made, a certain process must be followed.

Part of this process is undergoing sufficient education and training, making it harder to become a real estate agent than ever before.

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Consequences of cancelling the sale of a property

Cancelling a sale of property after the sales agreement has been signed has major repercussions. Should the seller change his mind about the sale of the property, the costs involved with the cancellation can end up being quite costly.

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What constitutes minor work or construction – not requiring plan approval

There are certain construction projects that require plan approval before building may begin. Although home owners have the opportunity to turn their existing home into their dream home by extending and adding onto the building, it is imperative that the homeowner follows the correct procedures.

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Purchasing of property owning companies, CCs or Trusts

Up until 2001, buying property through a company in South Africa was a cost effective and popular method used to purchase property.

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Beware of VAT on 'going concern' commercial property deals

According to the value added tax (VAT) Act of 1991, if certain requirements are met when selling commercial property as a going concern, the sale of the property may qualify to be zero-rated for VAT purposes.

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The Property Practitioners Bill - What changes to expect

There will be a wide-range of changes introduced to the real estate industry if the current form of the Bill is passed into law. The Bill also hopes to better improve consumer protection.

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Can fines be imposed by the Body Corporate?

The rules of the scheme will help to determine if fining rules can be imposed by the body corporate of a sectional title scheme. The penalty rule will must be in the management rules or conduct rules in order for it to be enforceable.  

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Estate Agency Internships and RPL Training

Van Deventer & Van Deventer Incorporated provide the highest level of support for Estate Agent interns and Recognition of Prior Learning (RPL) candidates.

We have decided to launch our very own training program to assist agents in completing their Logbooks, NQF Level 4 Real Estate Course (SAQA QUAL ID 59097) as well as providing guidance on the Professional Designation Examination (PDE).

To assist you with navigating our training information we have provided some frequently asked questions to help you along. 

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The Community Schemes Ombud Services Act

Conflict within Sectional Title Schemes can be difficult to manage at the best of times, without the added stress of having to live cheek by jowl with the source of your conflict.

Fortunately the Community Schemes Ombud Services Act provides a means to a mediated legal settlement and resolution of the conflict.

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Disadvantages of Share Block Schemes and Steps for Conversion

It is recommended that blocks of flats or group housing schemes be converted to sectional title as soon as possible if they haven’t already done so. 

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