AA - 2018

CO-OWNING A PROPERTY AND THE BOND – 12 July 2018

Whether for financial or other reasons, people often invest in property as co-owners, whereby each owns an undivided share in the property. Many such buyers take the sound precaution to draw up a co-ownership agreement…

Estate Agent Commission and VAT – 6 March 2018

The VAT increase coming into effect on 1 April 2018 triggered some tricky questions. One of these is the question what the VAT rate will be in the case of estate agent’s commission payable in respect of a mandate granted to the agent before 1 April 2018, where a sale is completed (all suspensive conditions fulfilled) after this date…

I Was Awarded The House In My Divorce – 13 November 2018

When X, recently divorced, approached her conveyancer with an instruction to register transfer of the property that was awarded to her in the divorce settlement, she was speechless when she was advised that transfer duty will be payable…

NERSA withdraws private generator rules – 22 May 2018

NERSA withdraws private generator rules The National Energy Regulator yesterday withdrew the draft rules, published in April 2018, that sought to introduce licencing of every form of home electricity generation, including solar photo-voltaic (PV) panels and backup generators…

Restrictive Property Conditions – 19 June 2018

Whether as the buyer or seller of a property, one is seldom aware of all the conditions contained in that property’s registered Title Deed. This is usually because, where a property is bonded, prospective purchasers never see the Title Deed, as the original is retained by the mortgage bank…

Tax and Divorce – 11 April 2018

In my divorce settlement I received 50% of my ex-husband’s annuity gratification. It pays out in a week. Will I be taxed on it?…

Water for Cape Town – 4 September 2018

Towards the end of June 2018, the City of Cape Town promulgated amendments to its Water By-law. These do not replace the current Level 6 water restrictions, but are in addition to present water usage rules…

What’s in a name? – 29 May 2018

In terms of the Births and Deaths Registrations Act, no person may assume or describe themselves under any surname other than that recorded in the population register or under which such person obtained permanent residence in South Africa…