The EAAB at long last broke its silence over the Gauteng High Court judgement in respect of the urgent court application brought by Rebosa to compel the regulator to comply with its mandatory duty to issue outstanding Fidelity Fund certificates (FFCs)…
The Estate Agency Affairs Board (EAAB) has been ordered to issue without delay all outstanding fidelity fund certificates (FFCs) to the applicants listed in the urgent court order brought by Rebosa…
The Estate Agency Affairs Board (EAAB) again has a technical failure fiasco on their hands.
Last Thursday 25 February hundreds if not thousands of estate agents and principals sat down for their online Professional Designation Examination (PDE)…
The Real Estate Business Owners of South Africa (REBOSA) has officially engaged in legal action against the Estate Agency Affairs Board (EAAB) after it has exhausted all options to rectify ongoing service delivery issues…
Only 51% of estate agents met their sales target last year, down from 69% in 2019 but 500 estate agents told Lightstone Property that they expected 2021 to be significantly better with 81% believing they would meet their sales targets this year…
Wednesday, 24 February 2021
The Minister of Finance, Mr Tito Mboweni, delivered the National Treasury’s budget for 2021/2022…
On 22 February it was announced that Western Cape minister for environmental affairs and development planning (DEADPA) Anton Bredell had decided to dismiss appeals lodged against the environmental authorisation (EA) issued by his department in August 2020 for a proposed R4.5bn development in Observatory…
Economists have warned that a surge in global oil prices, coupled with a weaker and the introduction of fuel taxes mean that South Africans will pay more at the pumps in the coming months…
Good financial and cashflow management is crucial for well-run and efficiently operated community housing schemes, including sectional title schemes and home owners’ associations (HOAs)…
Two of the fundamental elements of the South African Law of Contract is offer and acceptance. In other words, for a legally binding contract to come into existence, there must be a valid offer and there must be a valid acceptance of such an offer…
Tenants within the lower-end of the rental market are still struggling to pay their rent, as recovery slowly inches to pre-lockdown levels…
Affordably priced homes below R1.5 million are very much in demand in the Cape Town Metro, to the extent that there is currently a shortage of stock in this price band…
A new hospitality offering forms part of plans to increasingly commercialise the Cape Town Stadium…
Resilient commercial property owners and businesses in Cape Town’s CBD have adjusted to the economic effects brought on by Covid-19, with flexible solutions to ongoing challenges key to the future success of the district…
The debate on container homes has gone back and forth for years. At face value, container homes are an obvious solution to addressing the affordable housing shortage and while the concept seems quite simple, there is still a large degree of uncertainty surrounding container homes with South Africans cautious to adopt the alternative building method head on…
Judgment in the case of the controversial sale of a piece of prime property in Sea Point, Cape Town, was reserved until the second quarter of the year…
FNB’S HOUSE Price Index annual house price appreciation for March increased to 4.5 percent year-on-year, up from 4.2 percent in February as demand continued to outperform expectations…
Many hundreds, if not thousands of South Africans depart annually in search of greener fields abroad. Most of these expats retain their South African citizenship and live undisturbed with a work VISA issued by the foreign country…
Buying a property with a partner, friend, or relative can be a good way to take the first step on the property ladder or start an investment journey…
Mid-month data from the Central Energy Fund points to a big hike in fuel prices in April, following sizeable increases in the first three months of 2021…
Aspiring property owners have further opportunity to take advantage of favourable buying conditions after the Monetary Policy Committee chose to keep the interest rate unchanged at 3.5%…
Ensuring companies comply with Occupational Health and Safety (OHS) requirements is crucial to reducing the chances of injuries and saving lives in the on-site construction industry. Since the onset of Covid-19, OHS regulations have evolved to include necessary measures to mitigate against the effects of the pandemic and these precautions are necessary for the building and construction industry to operate effectively…
Ex-Gauteng residents and semigrants from other South African provinces are buying more properties in the Western Cape than ever before…
In the global property market, millennials have overtaken baby boomers as the largest property buying demographic and their needs are very different than their predecessors, including what they expect from their real estate agents – and new generation agents know exactly what it is that they want…
The National Minimum Wage (NMW) for each ordinary hour worked has been increased from with effect from 1 March 2021…
With interest rates at record-breaking lows, property prices subdued but poised for a future upswing, and plenty of stock on the market to choose from, there has seldom been a better time to buy a home. Despite the enviable prospects, however, buyers should be cautious not to throw caution to the wind…
Residential properties with studies or home offices are attracting multiple offers from Port Elizabeth buyers – a trend that wasn’t on the radar 12 months ago…
Virtual property viewings in South Africa may have been a response to Covid-19 but experts say that buyers and sellers are embracing this new technology far more than just for health and safety reasons…
The Monetary Policy Committee (MPC) has again announced that interest rates will remain stable, keeping the repo rate at 3.5% and the prime lending rate at 7%. This was a predictable outcome and, unless things take an unexcepted turn, interest rates are likely to remain steady for the remainder of the year…
Highly acclaimed Rawson Developers are well-known for their innovation in the property arena and have captained a comprehensive collection of residential developments…
Parliament’s portfolio committee on Agriculture, Land Reform and Rural Development has called for written comment on the Sectional Titles Amendment Bill.
The bill introduces a number of additional regulations which largely relate to the management and development of schemes including extensions and common property – with tenants and trustees less likely to be impacted…
The notion of pent-up demand driving the current residential property boom has long been thrown out the window, with everyone now asking how long this trend will continue…
Buying a flat for your student child can be a good investment as students always need somewhere to live, but beware if you’re buying for what may be only 3 or 4 years as you might not recoup your investment…
Low interest rates have created an attractive environment for property buyers, but first-time buyers must beware the potential pitfalls in an offer to purchase…
Between 30% and 50% of the high net-worth individuals (HNWIs) globally are planning to buy at least one additional luxury property within the next 12 months, compared to just 20% a year ago, according to the latest research conducted by Luxury Portfolio International (LPI) and Leading Real Estate Companies of the World (LeadingRE)…
Cape Town – Table View residents are up in arms over a proposed development at the intersection of Arnold and Gie roads which will see 35 housing units built…
HERE ARE THE 30 BEST SMALL TOWNS TO VISIT IN SOUTH AFRICA…
While many young adults prefer the sanctity of exchanging vows and entering into a marriage, more and more couples opt for less traditional forms of commitment and choose simply to live together – or, to cohabit…
Residential property prices defied Covid-19 conventional wisdom last year and house price inflation ended at close to 3%, some 2.7% above Lightstone’s forecast made at the beginning of 2020 and 6% above the highest post-Covid-19 prediction…
Data analytics company Lightstone has published its latest residential property index, detailing how the Covid-19 pandemic and lockdown have impacted home sales in South Africa…
A trust is often described as a tripartite legal relationship. A trust is a structure which has been set up by the founder to which property is transferred and is then administered by trustees on behalf of one or more beneficiaries, in accordance with the deed of trust or will…
For most of us, our home is the most valuable asset we’re likely to own. Beyond financial value, your home is your refuge of safety and security from life’s storms…
There is no precedent on the validity of video wills in South Africa…
Ballito, North Coast and Queensburgh in KwaZulu-Natal offer buyers spacious homes, a more balanced and relaxed lifestyle, with new apartments selling from R550k and homes from R850k. Experts offer advice on what you can expect to buy within the R1.5m price band in this province…
What happens when a company’s directors and shareholders fall out and cannot reconcile their differences?…
For those unfortunate couples whose marriages do eventually fall apart, often the most important asset in play from both a financial and an emotional perspective is the family home…
In South Africa there are attractive opportunities for retirees who have the means, to re-settle in schemes that offer a range of facilities…