ARTICLES - CURRENT

# EAAB this must stop! – 4 March 2021

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)…

Blow for activists in River Club development – 1 March 2021

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…

CAN I REVOKE AN OFFER? – 30 March 2021

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…

CONTAINER HOMES IN SOUTH AFRICA: HOW TO GAIN COUNCIL APPROVAL – 31 March 2021

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…

Expatriates and South African tax laws – 4 February 2021

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…

MASTER BUILDERS’ OCCUPATIONAL HEALTH & SAFETY COMPETITION RETURNS IN 2021 – 3 March 2021

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…

Now is the time to buy – but don’t leap before looking – 24 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…

Predictable outcome as interest rate holds steady – 25 March 2021

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…

Real estate under the spotlight: Is sustainability becoming mainstream? – 3 March 2021

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…

Superhomes in South Africa are selling again, but at a fat discount – 6 March 2021

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)…

What R1.5m and under buys you in KZN – 1 April 2021

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…

Who Gets the House on Divorce? – April 2021

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…