Home / Articles Posted by David A Steynberg (Page 22)

Last week news broke that Property24 was buying rival Private Property, with Naspers’ investment relations officer, Meloy Horn, saying “Property24 has reached an agreement to acquire Private Property, subject to approvals. Due to confidentiality agreements, details of the transaction will only be disclosed once the

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Q In terms of the new Sectional Title Schemes Management Act regulations, all bodies corporate have to prepare a formal 10-year maintenance, repair and replacement plan for the common property for all major capital items as defined. Must the maintenance plan be compiled by a specialist, or

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Q I read your articles on the Community Schemes Ombud Service (CSOS) and the new Sectional Title Schemes Management acts. What I can’t get clarity on (I’ve even emailed the CSOS people with no response), is whether these laws apply to duets? I don’t see any exclusion

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Q Our complex consists of 12 individual units. Approximately six years ago the trustees decided that ALL owners would be responsible for the maintenance of their own units and this has been the standing rules ever since. Owners are solely responsible for the maintenance inside and outside

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Sellers of low- and mid-value properties spend a longer time on the market compared with high, luxury and super-luxury homes, regardless if they list 0% and above their properties’ market value. Interestingly, luxury-value properties spend the least amount of time on the market, regardless if

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Q Based on HomeTimes’ articles, it has been mentioned that the Community Schemes Ombud Service levies will be raised on 1 January 2017. My question is, when is the effective date? 1 October 2016 or 1 January 2017. The reason for my question is my mother’s complex has issued a

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