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Regardless of the notable benefits timeshare offers its owners, there are some downfalls which may leave some people wondering how to get rid of timeshare in South Africa.
In some cases, people who have signed up to timeshare instantly feel that they have entered into a commitment they might not be ready for.
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Child custody laws in South Africa are governed by the Children’s Act which also defines parental rights and responsibilities.
Parents have a fundamental responsibility to be actively involved in their child’s lives. However, in some cases the parents are unable to find mutual grounds regarding their child’s best interests.
An executive managing agent (EMA) is any person who provides a body corporate with management services and thereby receives monetary or other compensation.
Before buying an erf or plot as part of a homeowner’s association (HOA), it is extremely important for the buyer to read and completely understand all of the provisions, including building penalties which are laid out by the HOA’s governance documentation.
Members of a homeowner’s association are required to comply with “commencement of construction” and “completion of construction” dates.
Two types of body corporate funds are available according to the Sectional Title Schemes Management Act (STSMA) 8 of 2011 and the Prescribed Management Rules (PMR). These funds are referred to as the administrative and reserve funds and each have a separate purpose.
Agreements which stipulate that co-owned property will be jointly owned forever are no longer valid. Any one of the co-owners of a property cannot be denied their right to sell the property whenever they so choose.
Both the purchaser and the seller sign the agreement once the offer has been accepted. Once both parties have signed the OTP, it becomes a legally binding contract. This requires both parties to fulfil their individual responsibilities as specified in the agreement.
When marrying a foreigner in South Africa, there are various legal requirements which must be met in order for the marriage to take place.
If you are a South African citizen who is getting married in another country, it’s important that you understand all the legalities involved in this scenario.
Co-ownership of property can be a really good solution to acquiring expensive assets together with like-minded friends. But what happens when your circumstances or relationships change? If your agreement is based on a hand-shake, are you joined at the hip until death do you part?
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