Recent Conveyancing Articles
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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.
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Allen West discusses Johannesburg Registrar's Circular No. 1/1982 to address confusion as to the couching of extending clauses of deeds to be registered in the Johannesburg Deeds Registry.
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This week on Property24.com: Inner-city revitalisation - 3 trends shaping SA's urban residential property; Online auctions - dos and don’ts for sellers and buyers; and where have all the tenants gone?
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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?
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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.
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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?
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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?
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This week on Property24.com: REBOSA takes EAAB to court over 'FFC delays'; how different property classes coped with the pandemic; and applying for an assisted-sale programme when at risk of being repossessed.
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UK: HM Land Registry has undertaken an extensive programme to digitise key elements of the registration process with estimated completion dates, automatic fees calculation and fewer requisitions being the planned result.
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Buyers must establish the marital status of sellers they are buying property from, especially if it later turns out that not only they are married, but married in community of property, and consent has not been given by their spouse - Jack Crook reports.
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Withholding tax: Allen West discusses the so-called physical presence test and an ordinary resident definition and as defined in terms of South African common law for purposes of Section 35A of the Income Tax Act.
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This week: Six factors hanging in the balance for property in 2021; firms need to question their approach to compliance; and Lockdown highlighted critical challenges on the independence of the judiciary.