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Why you should talk to your bank if you can no longer afford your bond payment

22 November 2022

For many home owners, the economic pinch is an everyday reality. Add to this rising interest rates which in turn... push up monthly bond payments, and you may easily find yourself in trouble with making your monthly payment. Beware the danger as you can end up losing your home if you don’t take steps to remedy the situation.

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565
Article
Your responsibilities as a new home owner

15 September 2022

So many new property owners believe that once the property is in their name all that is left is to... enjoy their new home. Unfortunately, there are still a few other important responsibilities that should not be forgotten.

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463
Article
What to do if the suspensive condition is not going to be met?

15 July 2022

A typical situation encountered in a property transaction: The deed of sale has been signed, the intended buyer is applying... for a loan but paperwork and delays at the bank slow things down. Suddenly the transferring attorney lets the buyer know that they only have a few days left to satisfy the suspensive condition in the deed of sale. What does all of this mean and what happens if the loan is given, but it’s a day late?

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348
Article
The drive to transform under the new Property Practitioners Act

13 April 2022

With all the media focus lately on the new Property Practitioners Act and new regulations and requirements regarding Fidelity Fund... certificates, it’s easy to miss the impact this Act intends to make on much-needed transformation of the property sector. Here we highlight a few of the key measures that will impact on transformation in the property industry.

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528
Article
Exploring the new Property Practitioners Act

21 March 2022

Most estate agents by now know that the new Property Practitioners Act has come into effect. Yet surprisingly, there is... still a lot of confusion about how the Act will affect Estate Agencies and their agents. To help, we have unpacked some of the key points to be considered by any estate agency and property practitioner.

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528
Article
May I refuse access to my property for electrical meter readings?

15 November 2021

I am currently an owner of a residential property and I sometimes get visits from employees of our local electricity... provider requesting access to the property to take a reading of the electricity meter. This is often an inconvenience to me. May I refuse them access to my property?

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424
Article
Can I run a business from a residential property?

14 September 2021

I’m looking at buying an old house and renovating such to use as offices for my general medical practice. In... the area that I’m looking at there are a number of small businesses also operating from houses. However, I want to make sure I’m allowed to run my practice from this property. How can I do that?

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377
Article
What are the legal costs involved in buying a property?

10 August 2021

My wife and I are considering buying a house. This is a big decision for us and we want to... make sure we are financially prepared for all the costs and expenses involved in doing so. I understand that in addition to the purchase price there may also be additional attorney costs I would need to factor in. Can you explain how this will work and how I can budget for such costs?

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405
Article
Your right of pre-emption when a group of properties is being sold

14 July 2021

I rent a portion of a farm which forms part of a larger group of properties. In my lease agreement... I have a standard right of pre-emption. It has come to my attention that the owner wishes to sell the entire portfolio of properties as a single transaction, including the portion I am leasing. I don’t want to lose the property, but I’m not sure if my right of pre-emption still applies if the group of properties is being sold?

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478
Article