AC19 - June 2020

CAN AN ESTATE AGENT BE BARRED FROM ENTERING A SECTIONAL TITLE DEVELOPMENT DURING ALERT LEVEL 3? – 23 June 2020

It is common practice for a property owner or investor to appoint an estate agent to either list and sell his or her unit or to manage the rental thereof. Such estate agent acts on the written authority of the registered owner and is allowed to perform certain acts or duties, which include entering the sectional title development to take photos of the unit, to conduct an ingoing or outgoing inspection or to show the unit to a potential purchaser or lessee…

Unemployed, Can’t Pay Bond and Credit Instalments? “Credit Life Insurance” May Save You – June 2020

If you are one of the many employees retrenched or put on short pay or unpaid leave as a result of the COVID-19 crisis and lockdown, you will be wondering how to cover the monthly instalments on your mortgage bond and other credit agreements. You have no doubt heard of the “payment holidays” banks are offering, but remember that although these are a lot better than losing your house, car etc, they are no free lunch. Interest and fees will still be building up…