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The role of a Transfer Attorney in South Africa
Legislative Guidelines

The role of a Transfer Attorney in South Africa

Many sellers and buyers, particularly those embarking on their first property purchase, may not be entirely clear on what a transfer attorney is or what their role is in the property transfer process. Since a transfer attorney or conveyancer plays such a significant part in the process, we’ve outlined some of the key points that buyers and sellers should be aware of.

May 31, 2019
Buying property through a company – taking up shares
Legislative Guidelines

Buying property through a company – taking up shares

While many of us are more familiar with situations where a property is purchased by an individual or individuals (classified as natural persons), it is also possible for a property to be purchased in the name of a legal entity, most commonly a company.

May 6, 2019
Purchase and ownership of vacant land
Contractual Matters

Purchase and ownership of vacant land

Building on vacant land has unmatched possibilities when creating your dream home. There are, however, a few other aspects to consider when purchasing vacant land.

May 6, 2019
Minors and immovable property
Contractual Matters

Minors and immovable property

While the process for transferring ownership of immovable property remains largely the same in cases where one of the parties to the transfer is a minor, the minor’s contractual capacity must be carefully considered.

March 24, 2019
Marriage in or out of community of property?
Contractual Matters

Marriage in or out of community of property?

The marital regime selected at the time of entering into a marriage will have a significant impact on how ownership of property is dealt with within the marriage, which is why it is important to understand the different options available and select the one that best suits you.

March 24, 2019
How to ensure a quick and smooth property transfer
Contractual Matters

How to ensure a quick and smooth property transfer

There will always be elements in a property transaction that will be out of your control as the purchaser or seller, however some elements can be managed in a way as to avoid unnecessary delays.

March 24, 2019
Upkeep and repairs in sectional title schemes
Sectional Title Governance

Upkeep and repairs in sectional title schemes

You just took transfer and became the proud owner of a unit in a sectional title scheme. After the first summer rains you notice, with dismay, that there are damp stains on the outer walls of your unit. You inform the body corporate, who, by way of their trustees, indicate that the said damp must be fixed by you as the owner of the unit.

March 3, 2019
Always look under the rug
Contractual Matters

Always look under the rug

While a property seller is legally required to disclose any known defects of the property, what can a buyer expect when it comes to unusual characteristics, quirks or abnormal qualities?

March 3, 2019
Cash is king – what you need to know as a cash buyer
Contractual Matters

Cash is king – what you need to know as a cash buyer

The general sentiment is that a cash purchase is always a better option when buying property. However there are many factors to be considered before putting pen to paper.

March 3, 2019
The do’s and don’ts of running a guesthouse
Contractual Matters

The do’s and don’ts of running a guesthouse

Opening a guesthouse can be a lucrative endeavour, but before taking the plunge and converting a residence into a financially rewarding business, there are important steps to be followed and considerations to be taken into account.

February 2, 2019
Joint ownership is not all love and romance
Contractual Matters

Joint ownership is not all love and romance

There’s no denying that it’s tough to break into the property market and that doing this with your partner can be both a financial imperative and an exciting and romantic idea. While there are certainly benefits to jointly buying a property with your partner, it’s also important to go in with your eyes wide open for this endeavour to have the best possible chances of success.

February 2, 2019
Beetle free certificates
Contractual Matters

Beetle free certificates

There are a number of compliance certificates that a seller is required to submit to confirm that the property is in good condition, prior to concluding a sale. Some of these certificates are only required under specific circumstances, for example the borer beetle certificate.

February 2, 2019
Lost original title deeds and bonds
Legislative Guidelines

Lost original title deeds and bonds

Should an original title deed or bond get lost, here’s the process that needs to be followed as per the latest amendments to Regulation 68 of the Deeds Registries Act 47/1937, published on 25 January 2019.

January 29, 2019
Your bond application: A key ingredient to the property transfer
Property Finance

Your bond application: A key ingredient to the property transfer

Buying a new property is simultaneously an exciting and stressful experience. One of the important processes that can be quite overwhelming for buyers is the bond application process which is a key element of most property purchases which is why you should get your ducks in a row to have the best chance of success.

January 8, 2019
This is your year for a successful property sale
Contractual Matters

This is your year for a successful property sale

A new year always brings with it endless opportunity and is the perfect time to forge ahead with new plans and make the first move to achieve goals. If your aim is to sell your property, then follow these keys steps in helping to make sure it’s a successful and lucrative process.

January 8, 2019