Property & Conveyancing - Legal Articles — Page 13

 

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From category archives: Legal Articles

Property & Conveyancing

Changes for boomed off suburbs

Following the proposed changes to suburban road closures, the City of Johannesburg has called for public comment.

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How to pass a unanimous resolution in a sectional title scheme

When very important decisions need to be made by sectional title owners, then a unanimous resolution needs to be passed. 

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Collection Attorney - What to do about a non-levy payment?

If levies are not collected, the sectional title scheme will not be able to survive thus the importance of this task is highlighted. 

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Seller claims mora interest for delays caused by Buyer

When a party fails to do something they are supposed to do as per the sales agreement then the transfer of property could be delayed.

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Statutory exemption against the PDE implemented

Expanded criterion for the grant of the statutory exemption against the Professional Designation Examination implemented.

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BEE-compliance and the property sector

Being able to understand BEE compliance and the 2017 Property Sector Code is very important for estate agents, franchisees and franchisors. 

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Fire Protection - Can a special levy be raised to cover costs?

In the case of one complex, a newly appointed managing agent found out that there weren’t any fire hoses or fire hydrants located in the complex. 

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No fire protection equipment in Sectional Title Scheme

A sectional title complex on the South Coast was faced with a serious problem relating to fire protection during power outages.

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What VAT increase means for your property transactions

Effective as of 1 April 2018, the will be an increase of the VAT rate from 14% to 15%. Real estate transactions are also affected by the increase. 

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CPA - client's right to cancel a timeshare contract

Timeshare contracts are structured in such a way that they can’t be terminated. This means the process of getting out of timeshare obligations can thus be very difficult for the average person.

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