Property

26
Oct

A Costly Case of Buyer’s Remorse

Article courtesy of Law Dot News | Property Law A Costly Mistake of Buyer's Remorse “Caveat subscriptor” – old legal maxim meaning “Let the signer beware!’ Property Law - A recent High Court decision once again highlights the dangers of signing anything without reading, understanding and fully considering it. A “Renovator’s Dream” and a case of buyer’s remorse A couple
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26
Oct

Selling Your House to a Non-Resident

“Oh, I’m an alien, I’m a legal alien” (Sting’s ‘Englishman in New York’) South Africa is attractive to overseas property buyers with our world-class lifestyle, depreciated Rand, strong property registration and legal systems, and minimal restrictions against non-resident property ownership. Which is of course great news for property sellers in any area popular with foreign investors. Coastal and other tourist-friendly

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26
Sep

Security Warning: Property Sale Cybercrime Surges, and a New AI Danger

“The infectiousness of crime is like that of the plague” (Napoleon Bonaparte) This October marks the 20th anniversary of the globally observed “Cyber Security Awareness Month”, and with cybercrime continuing to surge, here’s a cautionary tale to bear in mind. You buy your dream house and pay the purchase price to the transferring attorneys (the conveyancers). Excitement builds as you wait

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28
Aug

Landlords: You Cannot Cut a Defaulting Tenant’s Water and Electricity

Article courtesy of Law Dot News | Property – Defaulting Tenant’s Landlords: You Cannot Cut a Defaulting Tenant’s Water and Electricity “A fundamental principle in issue here is that nobody may take the law into their own hands. In order to preserve order and peace in society the court will summarily grant an order for restoration of the status quo

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26
Jul

Your New House Leaks Like a Sieve – Can You Sue the Seller?

“There is no sound more peaceful than rain on the roof, if you’re safe asleep in someone else’s house.” (Anne Tyler) You move into your new dream home, excited and happy. Until it rains, and the roof leaks. As the repair teams tramp around on your roof and the bills start piling up whilst you weave around buckets and tarpaulins

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27
Jun

Leaving Anything Important Out of Your Property Sale Agreement Will Sink It

“No alienation of land … shall … be of any force or effect unless it is contained in a deed of alienation signed by the parties thereto or by their agents acting on their written authority.” (Alienation of Land Act) Ensure that all the important terms of your sale agreement are recorded in writing and signed. Leave out anything “material” and, as

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26
May

Property Buyers: The Danger of Not Doing Your Financial Homework

Article courtesy of Law Dot News | Property Buyers & Property Sale Agreement Property Buyers: The Danger of Not Doing Your Financial Homework “Look before you leap” (wise old proverb) Don’t let the excitement of buying a property blind you to the necessity of doing your homework before you agree to anything. Look before you leap! It’s not just a matter of
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24
Apr

Losing Your Property to Acquisitive Prescription

Article courtesy of Law Dot News | Property - Acquisitive Prescription Losing Your Property to Acquisitive Prescription “… a person shall by prescription become the owner of a thing which he has possessed openly and as if he were the owner thereof for an uninterrupted period of 30 years or for a period which, together with any periods for which
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28
Mar

Buying Property as an Investment – Some Strategies for Success 

“The only bad time to buy property is later.” (Steve Bolton) Buying property – whether to live/work in or on a buy-to-let basis – could be one of the most important investments you make. Here are some strategies to help you on your way. Twelve strategies for success Map out your investment goals: Do you plan to “buy-to-let” to provide steady

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24
Feb

Installing Home Solar – How to Comply with the Regulatory Requirements

Article courtesy of Law Dot News | Property - Home Solar Regulatory Requirements Installing Home Solar – How to Comply with the Regulatory Requirements “We have this handy fusion reactor in the sky called the sun; you don’t have to do anything, it just works. It shows up every day” (Elon Musk) Eskom’s no-end-in-sight loadshedding, rising electricity costs, South Africa’s
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