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From category archives: Legal Articles

Property & Conveyancing

Buying a House in South Africa – Offer to Purchase Conditions Part I

Putting in an offer to purchase is just one of the steps of the process when buying property in South Africa. However, there are certain offer to purchase conditions and pitfalls that buyers should be aware of. This article is part one of two, which discusses common pitfalls in offers to purchase in South Africa.

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Buying a Home for the First Time – A Consumer’s Guide

When it comes to buying a home, many first-time buyers don’t realise that there are many factors to take into consideration throughout the entire buying process. This article aims to provide some important guidelines to consumers who are looking at buying a home.

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Are Witness Signatures Required on Sale Agreements and Contracts?

Many may wonder whether it’s necessary to have a witness signature on a legal document such as sale agreements and contracts. However, a witness signature serves as evidence to the fact that each party to the agreement did in fact sign the document in question.

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Buying a House in a Trust which Already Exists in South Africa

There are certain advantages and disadvantages that come with buying a house in a trust that already exists.

In this article, we discuss the various benefits and implications of purchasing immovable property in the name of an existing trust.

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VAT or Transfer Duty in South Africa – Which is Payable on Property?

In order to know whether you will be paying VAT or transfer duty in South Africa when purchasing a property, you first need to know how the property is currently registered.

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Leasing Residential Property on a Long-Term Basis – How Does it Work?

Many new developments are offering a long-term lease as a form of title ownership. Leasing residential property on a long-term basis is an option for individuals who are looking for other ways to occupy property without owning it.

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Purchasing Property in Senior Living Communities

Luxury retirement villages and retirement developments are becoming increasingly popular as South Africa citizens seek a safe place to settle into their retirement.

However, these retirement communities are typically modern and luxurious, resulting in high purchasing prices and consequently, other related fees.

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Long-Term Lease Agreement of Property in South Africa

Long-term lease agreements are often overlooked as a potential form of title to property in South Africa. However, long-term rentals can provide more stability and security for both the owner of the property and the tenant or lessee than their short-term counterparts.

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All homebuilders must register under New Housing Bill

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)

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Dual Ownership of Property - Transferring Shared Ownership

There are many benefits of entering into a dual ownership of property, especially when individual finances don’t allow for single ownership of a home or property.

However, there are complications when it comes to one or more parties involved in the co-ownership of property deciding to cancel the original arrangement.

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