“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
“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
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
“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
“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
“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