ARTICLES - CURRENT

# Phil Spencer advises agents: Save A Sale, Restore A Reputation! – 21 June 2021

[Well know Presenter of the Popular – UK TV Programme:  Location, Location, Location]
this article was written for the UK Market.

There may well have been times in recent weeks when any agent would have been forgiven for wanting a break – the workload has been exhausting, as it has been for everyone in the property transaction business…

Is Tax Avoidance legal? – 13 July 2021

There is a general misconception between the terms “tax avoidance” on the one hand and “tax evasion” on the other. These terms can be confusingly similar but there is an important distinction between these tax terms that can have the result of the taxpayer being either on right side of the law, or the wrong side of the law…

Moving in together? Read this … – 4 July 2021

Cohabitating versus legal marriage and property…
Cohabiting before marriage and even opting not to go the legal marriage route is commonplace these days and many cohabiting partners are looking to purchase property together, often as first time buyers…

No quick recovery expected for the commercial real estate sector – 13 July 2021

Commercial tenants showed signs of recovery in the first quarter of 2021, mirroring the better-than-expected GDP figures revealed for the same period by Statistics South Africa. A recovery in the commercial real estate sector relies heavily on business recovery. Constraints to business productivity, including the continued work-from-home trend, has had a significant impact on the sector…

Owning assets in a foreign country – 3 July 2021

More and more South Africans use their annual discretionary foreign investment allowances to invest offshore and to acquire assets in foreign countries. The question to be asked then , is whether one needs to have a separate Will for those assets…

Property is a tangible asset you can count on – 19 July 2021

Investing in property is usually done to earn a return through rental. One may even want to sell the property in the future, receiving a significant return, considering that land and buildings do not depreciate in the same way that other assets do…

When incapacity results in the lapsing of a power of attorney – 8 July 2021

A power of attorney is a formal document where a person (the principal) gives another person (the agent) the ability to act legally on his behalf. It is not a contract but rather an expression of will by the principal. Typically, a power of attorney allows an agent to manage the proprietary and financial affairs of the principal should the principal become unable to do so…