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Sectional Title Schemes and Common Property

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Unlike traditional property ownership, where one owns the land and the building outright, sectional title schemes in South Africa allow for individual ownership of a "section" of the property, with shared ownership of common areas.

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Posted by Cor van Deventer on Wednesday, March 13, 2024 Views: 123

 

How Blacklisting Affects Businesses and Individuals in South Africa

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In the context of South African law, blacklisting is a notation on an individual's or company's credit report that indicates a history of non-payment or defaulting on debt. This mark can severely impact a person's or entity's ability to borrow money, obtain contracts, or even secure employment.

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Posted by Cor van Deventer on Tuesday, March 5, 2024 Views: 119