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Property transfer delays can be extremely frustrating for everyone involved and, what’s worse, is that often delays can cause unexpected costs from arising – costs that nobody prepared for.
There are a number of different role players when it comes to transferring property from one person to another. These include local municipalities, SARS, and body corporates to name a few. When attorneys to do not receive full cooperation from external role players, significant delays can be expected.
Due to the number of legalities involved with buying and selling property in South Africa, the process of transferring property from one owner to another can be extremely lengthy. Buyers and sellers often become frustrated with delays because they are not aware of how intricate the process is.
Following the proposed changes to suburban road closures, the City of Johannesburg has called for public comment.
When very important decisions need to be made by sectional title owners, then a unanimous resolution needs to be passed.
A sectional title complex on the South Coast was faced with a serious problem relating to fire protection during power outages.
When given the task of choosing a new managing agent for a sectional title complex, this should not be a decision made with the intention of cutting costs.
SARS requires for you to declare all the income your receive from property investments. These are then subject to income tax and also includes all rental income.
It is important for taxpayers to have all the supporting documents needed in order to submit their tax returns.
Boundary walls and fences maintain the harmonious relationship between property owners, and determines the dividing line where two properties meet.
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