Buying and selling property: Nine important questions
Buying and selling property can seem to the layperson like a complex process, fraught with arcane legal terminology and risk. Relax, help is at hand! To ease you into the process in clear and plain language, we ask (and answer) nine common questions asked by both buyers and sellers. We include a link to a […]
Before you buy or sell property this festive season
If you are thinking of buying or selling property during the Festive Season (which is again this year showing signs of living up to its reputation as a particularly busy time for the property market) don’t neglect the legal aspects. There are many pitfalls awaiting the unwary and rushing into anything without taking proper advice […]
Be smart. Trust your attorney to sell your property.
For most people, buying a home may well be the biggest single investment any person will ever make. No one should ever take a risk with this transaction. Buyers should involve their attorneys throughout the process. Home owners sometimes consider selling their homes privately and ask their attorneys to help with the sale contract. In […]
How the “Historical Rates” judgment affects you
“It is declared that, upon transfer of a property, a new owner is not liable for debts arising before transfer from the charge upon the property …” (Constitutional Court Order) How does the recent Constitutional Court decision on “historical rates” affect you in practice? Understanding the issue At issue was that some municipalities would force […]
Verbal agreements: The property perspective
“A verbal contract isn’t worth the paper it’s written on” (Samuel Goldwyn) A recent High Court judgment is yet another reminder of how essential it is to comply with all necessary formalities when entering into any sort of agreement, particularly when dealing with the sale of property. A fight over eviction and a property transfer […]
Attorneys selling properties: The ARH website is up and running!
The ARH website is now live: www.attorneyrealtorhub.co.za. Who should join this? Attorneys who want to market and sell the properties of their clients. What does the website offer? It offers proptech tools and guidance for attorneys to market and sell properties better, easier and more cost efficiently. What does it cost? Right now it will […]
Your property sale agreement: Be careful how it’s worded!
“In war and litigation, both sides suffer” (old Roman proverb) Here’s yet another reminder from our courts on how important it is – if you want to avoid the trials of litigation – for you to have your property sale agreement drawn up professionally. One thing it must do, as the case in question clearly shows, […]
BUYING A PROPERTY AND NEED A HOME LOAN? 8 REASONS WHY A HOME LOAN PRE-QUALIFICATION MAKES SENSE
Buying a property is most likely the largest investment one will ever make. First get a formal indication of the home loan you can qualify for. Avoid the stressful time waiting for the final home loan approval that is only submitted after you have signed for your dream home. The best news is that a […]
ATTORNEYS SELLING PROPERTIES: WHAT’S NEW?
Attorneys selling properties has become a big topic for discussion in the property industry. However, this is nothing new. Attorneys have been selling properties for and on behalf of their clients since time immemorial. What is new is the way in which attorneys are now doing it and the extent of their involvement in the […]
PROPERTY: WHAT ARE YOUR RIGHTS TO VIEWS AND PRIVACY?
“Diligence is the mother of good fortune” (Miguel de Cervantes) Another warning to do your homework before you buy or develop property comes from a recent High Court decision to set aside a municipality’s approval of building plans. From sea-view balconies to walled-in courtyards A 17-storey inner city building incorporated residential apartments on its higher […]