This week on Property24.com: Rental demand 'shifts to the suburbs' with affordability top of mind; Cape Town unlikely to change - more SA name changes to be submitted; and when is the right time to start buying property?
With interest rates at multi year lows, affordability ceiling levels declining and bank approvals rising, a FLISP subsidy might just be what allows first time home buyers on the cusp of buying their first home to achieve their dream.
A note and guidelines from Allen West in answering the question as to when a deed or document must be rejected; with a submission that some hard and fast rules should be laid down for the profession and the deeds registries to be on the same page.
Finance Minister Tito Mboweni's 2021 Budget sees property transfer duty remaining at the rate set in 2020, the planned finalisation of 1 409 restitution claims, and an allocation of R7 billion to the Land Bank.
This week: Conveyancing taskforce set up to manage digital transition; Western Cape heritage assessments: WCPDF launches inaugural survey; and delays in opening municipal accounts in Cape Town after transfer.
This edition includes: Approving additional water heating systems on common property; dipping into the reserve fund; video surveillance; and can a member refuse to use the biometrics access control system?
This week: Technology and transparency: The key to conveyancing of the future; Retirement reform changes - what do these mean for the construction industry; and Outsourcing – The underestimated business model in conveyancing.
This week on Property24.com: How long properties are taking to sell; body corporate property maintenance; SONA 2021 - Key factors for SA's real estate sector; and is office property market set to be the weakest in 2021?
Conveyancing Update and New Developments - Allen West will be holding an online webinar via Zoom on the 10th of March, to be followed by a question and answer session, attendees will also receive bound seminar notes.
Allen West discusses the cancellation and removal of a restrictive condition with regard to invoking the provisions of section 68(1) or (2) of the Deeds Registries Act, by approaching the Courts, or whether SPLUMA must be utilized.
This week: Cross-industry survey reveals digital and remote working welcomed by property professionals; reducing the risk of property fraud; and using the spoliation remedy to protect against unlawful dispossession.
This week on Property24.com: Section 12J tax-deduction incentive for property investment set to expire; FFC delays - task team appointed as EAAB and REBOSA head to court; and lesser-known property sub-sectors offer hope for battle-scarred investors.
A conveyancing question has been asked about the correct sequencing of a series of transactions involving twins and a Sectional Title scheme, with specific reference to a High Court Order and the executor of an estate not being allowed to be a developer.
An enduring myth in our society is that our law recognises the concept of a “common law marriage”, there are some limited statutory protections for life partners, but a cohabitation agreement is necessary, as is a will, to remove any doubt - in death and dispute.
A critical analysis of the Supreme Court of Appeal's decision to classify the obligation to build a residential home within a specified time as a limited real right in light of the complex and contested role the principle of publicity plays in South Africa's law of servitudes.
A recent High Court decision has held that under the Water Act, trading in water is not permissible, licenced water use cannot be transferred and/or sold, as it is the Minister’s responsibility to ensure that water is allocated equitably and used beneficially in the public interest.
This week: Financial Pressure the biggest driver in owner serviced properties; SPLUMA judgment found to be invalid and suspended for six months; and financial implications for selling property – is it classified as capital or revenue?