Tag: buying property
25
Sep
The Transfer Process in a Nutshell
Article courtesy of Law Dot News | Property - Property Transfer The Transfer Process in a Nutshell “Don’t wait to buy real estate. Buy real estate and wait.” (Will Rogers) Spring is in the air and, as the annual uptick in property sales kicks in, let’s address two questions commonly asked by both sellers and buyers who are unsure aboutRead more
29
Jan
Why Buyers Should Ask for Building Plans (and Why Sellers Should Supply Them)
Article courtesy of Law Dot News | Property - Building Plans Why Buyers Should Ask for Building Plans “No person shall without the prior approval in writing of the local authority in question, erect any building in respect of which plans and specifications are to be drawn and submitted in terms of this Act.” (National Building Regulations and Building StandardsRead more
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 ofRead more
29
Aug
Owning Property Jointly – The Rewards, The Risks, and The Remedy
Article courtesy of Law Dot News | Property Owning Property Jointly – The Rewards, The Risks, and The Remedy “Co-ownership is the mother of disputes” (old Roman law maxim) There can be big advantages to owning property jointly but be aware of the risks and take steps to lessen them before you put pen to paper. The problem comes if thereRead more
26
Jul
12 Questions to Ask Before You Sign That Deed of Sale
Article courtesy of Law Dot News | Property - Signing a Deed of Sale 12 Questions to Ask Before You Sign That Deed of Sale “Knowledge is power” (old proverb) Whether you are buying or selling property, remember that it is too late to ask questions after you sign the Deed of Sale (often called a “Sale Agreement” or “Offer to Purchase”).Read more
27
Jun
Buying and Selling Property: Who Pays What Costs?
Article courtesy of Law Dot News | Buying and Selling Property Buying and Selling Property: Who Pays What Costs? “Risk comes from not knowing what you’re doing” (Warren Buffett) Don’t risk not knowing what you’re doing when you either buying or selling property. Avoid nasty shocks by budgeting properly for the costs you will incur – some of them canRead more
26
Jan
How the Property Practitioners Act Affects You as a Property Seller, Buyer, Landlord or Tenant from 1 February
Article courtesy of Law Dot News | Property Act How the Property Practitioners Act Affects You as a Property Seller, Buyer, Landlord or Tenant from 1 February “… a property is an asset to enhance economic activity, growth and development…” (extract from preamble to the Property Practitioners Act) The Property Practitioners Act (“PPA”) finally comes into effect on 1 FebruaryRead more
27
Sep
Property Sellers: Why, How and When to Choose Your Own Conveyancer
Article courtesy of Law Dot News | Selling Property Property Sellers: Why, How and When to Choose Your Own Conveyancer “A great deal is at stake in the transfer of fixed property. It is generally the largest single asset that a person owns and the transaction for the purchase or sale of a fixed property is probably the most important
28
Jun
Buying Property from a Company – Should You Buy the Shares or the House?
Article courtesy of Law Dot News | Property Buying Property from a Company – Should You Buy the Shares or the House? “There is never a wrong time to buy the right home” (Anon) You find the house of your dreams, agree on the price and get ready to put pen to paper. The house is in the name ofRead more
27
May
When Bond Clauses Sink Sales
Article courtesy of Law Dot News | Property When Bond Clauses Sink Sales “Before anything else, preparation is the key to success” (Alexander Graham Bell) You sell your house, give the signed sale agreement to your attorney, and wait to get paid out as soon as the property is transferred in the Deeds Office. What could possibly go wrong? QuiteRead more
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