Property

Article courtesy of Law Dot News Estate Associations: Can You Fine Speedsters? “When the [property owners] chose to purchase property within the estate and become members of the Association, they agreed to be bound by its rules” (extract from judgment below) There are many advantages to buying in a security estate or other community scheme, including quality of life andRead more

“In short, it [a Fidelity Fund Certificate] is a licence to practice without which you cannot practice.” (Extract from judgment below) As an estate agent you will know that without a valid Fidelity Fund Certificate (FFC) you are not entitled to any commission for the successful sales or leases you put together. All your hard work in fulfilling your mandate

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Article courtesy of Law Dot News Property Buyers: There’s a New Deduction from Interest Earned on Your Deposit! When you buy property, the sale agreement often provides for you to pay a deposit (normally 10% of the sale price) to the conveyancer (the attorney transferring the property into your name), to be kept in trust until transfer. Don’t lose outRead more

Article courtesy of Law Dot News Building Law - Neighbours Building? Know Your Rights! “You can be a good neighbour only if you have good neighbours” (Howard Koch, “Invasion from Mars” author) Your neighbours apply to the municipality for approval of building plans. You object strongly – if allowed, you say, the new building/addition/alteration will seriously impact on your property’sRead more

“The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell” (Sir John Templeton, billionaire investor) You are it seems in good company if you view times of depressed property prices and general uncertainty as a great buying opportunity.  Just be aware that if it is a house

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