14 Questions to Ask Before Renting a Property in South Africa – February 2022
Renting a new home comes with many unknowns. It’s important to ask questions and get the answers before signing a lease…
Context of 1st Durbanville appeal to save property from Auction – 23 February 2022
You will have seen or heard of social media and more recently press articles regarding the initiative to “Save the Durbanville Scout Property”.
The Western Cape Region of SCOUTS South Africa has over the past years built a strong working relationship with the City of Cape Town in regard to our leased and owned properties. We enjoy good support and cooperation from the City officials around these…
Eastern Cape lawyer Karl Olinger guilty of R500K trust fund theft – 23 February 2022
Rustenburg – Eastern Cape attorney Karl Olinger has been found guilty on numerous charges of theft of trust fund money amounting to nearly R500,000, the Hawks said on Wednesday…
Expert Determination versus Arbitration – 8 February 2022
It is important for contracting parties to identify and agree on the most appropriate way for resolving differences and disputes that may arise between them. Possible dispute resolution processes include negotiation, conciliation, mediation, arbitration, litigation and expert determination…
High Court lays down the law on forced auctions after home sells for just R10 – 17 February 2022
A Gauteng High Court Judge has laid down the law and cautioned attorneys and home loan providers that there will be no shortcuts in matters involving the forced sale of people’s homes at auction…
New rules for the property sector – 22 February 2022
President Cyril Ramaphosa has signed the Property Practitioners Act 22 of 2019 (“PPA”) into law. Previously we were uncertain as to when the obligations under the PPA would take effect. However, it has now been determined that the PPA is to commence application as of 1 February 2022…
PROPERTY PRACTITIONERS ACT GOOD NEWS FOR PROPERTY CONSUMERS – 21 February 2022
On 1 February 2022, the new Property Practitioner’s Act (No 22 of 2019) came into force. It is seen as an important piece of legislation in the property sector that will bring about much change in the dealing of property and related building/s…
PROPTECH: A NON-NEGOTIABLE IN SA’S REAL ESTATE INDUSTRY? – 07 February 2022
Investing in technology is not a future ambition of South Africa’s real estate industry. It is already happening within the sector with over 60% of professionals who saw automation increase in their businesses over the past year…
RENTAL INFLATION ANTICIPATED TO RECOVER THIS YEAR – BUT SLOWLY – 14 February 2022
Residential property market volumes may have peaked, but they are still running above pre-pandemic levels, according to FNB’s latest Residential Property Barometer with the affordable segment having shown the strongest recovery in activity…
South Africa plans to buy country’s biggest fuel refinery from Shell and BP – 16 February 2022
South Africa is considering buying the country’s biggest oil refinery, a joint venture between Royal Dutch Shell Plc and BP Plc, known as Sapref…
The long and the short of evicting a tenant from a residential property – 24 February 2022
South Africa’s unemployment has reached an all-time high and the number of South Africans defaulting on their rent confirms that many are struggling financially…
THE NEW PROPERTY PRACTITIONERS ACT IS AN IMPROVEMENT, BUT CLARITY IS NEEDED – 22 February 2022
With the dust settling after the Property Practitioners Act (PPA) taking effect at the beginning of February, it is important to note that the Act is an improvement on the previous legislation that helped to govern the industry, but more clarity is needed on some of the important points…
What does a real estate agent do for home buyers? – February 2022
While it’s commonly assumed that estate agents work solely for sellers, they are in fact a great asset to house buyers too…
Why Life Partners Still Need Cohabitation Agreements and Wills – February 2022
“Census data of 2016 reveals that approximately 3.2 million South Africans cohabit outside of marriage and that this number is increasing steadily.” [Extract from a judgment]…
You bought it, Voetstoots! – 09 February 2022
Sale agreements commonly include a clause stating that the item or property is purchased from the seller voetstoots. This means that the buyer acknowledges that s/he has purchased the property as it is…