Dealing with a deceased's immovable property?
Category Property Thought Of The Week
The legal requirements that ordinarily apply to the sale of land, also apply to property that is sold out of a deceased estate, namely that the agreement must b
Mayor De Lille visits desalination plant site at VA Waterfront
Category Water Crisis Western Cape
Today I visited the site of one of the City of Cape Town’s modular land-based desalination plants. The plant will produce 2 million litres of water per day and
When Do You Pay VAT or Transfer Duty With Property Sales?
Category Property Transfer
Buying a property comes with a number of expenses in addition to the basic sale price, one of which will be either VAT or Transfer Duty. Every property transact
Banks Face R60 billion Claim For Selling Homes Of Defaulting Debtors At Prices Below Market Value
Category Property Market News
A joinder application seeking permission for 70 new applicants to join a class action suit against the nation’s largest banks and home loan providers has been f
Taxed when making donations?
Category Property Thought Of The Week
In South Africa we are subject to donations tax, so simply giving away or selling your assets for less than their actual market value, with no obligation to rec
Overview South African Property Market
Category Property Market Statistics
According to an analysis by Lightstone of the South African Property Market, there are 7 900 000 registered properties across South Africa – of which 6 500 000
Closing down the guesthouse next door: Notes for owners and neighbours
Category Lifestyle
You decide – for whatever reason - that your neighbour’s new guesthouse is definitely not first prize in your sleepy and peaceful suburb, so you investigate.
Property Thought Of The Week - Blacklisted due to a judgement? Apply for rescission
Category Property Thought Of The Week
Consumers applying for credit are sometimes denied access to financing due to judgments appearing against their name, often without their knowledge.
It’s official: Water rationing now in place in Cape
Category Water Crisis Western Cape
The City of Cape Town has officially put into effect phase 1 of the water shortages disaster plan.
Where are the 10 most expensive suburbs and streets for apartments in South Africa?
Category Area and Lifestyle
Cape Town suburbs and streets dominates the South Africa Wealth Report by New World Wealth for the third quarter of 2017.