The owner of section 12 wants to add a room to his unit and our managing agent tells us that it will be extension of a section in terms of Section 24 of the act. This section requires a special resolution to be passed by the
Does paying your monthly bond instalment in two halves - one at the start of the month and one in the middle – contribute to a shorter bond repayment term and a saving on interest?
No it doesn’t, says Shaun Rademeyer, CEO of mortgage originator BetterLife Home Loans.
Hi, I have recently purchased a sectional title flat on the second floor. I want to demolish a non-structural wall that divides the kitchen and reception areas. What do I need to do to comply with both the body corporate and the council requirements? It
I am supposed to move into a place this weekend. The landlord is dealing directly through a friend lawyer who sent me the contract two days ago after I had been begging for it for the past three weeks. However, the rent is more than
Amanda Cuba’s love for and interest in real estate was fostered from the age of 12, studying the newspapers’ various property pages. She quickly developed a head for real estate, how its supply and demand dynamics influenced price and in turn suburb appeal.
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The Monetary Policy Committee’s decision to leave the repo rate at 7% and prime at 10.5% has been welcomed by heads of the country’s three biggest real estate agencies.
Dr Andrew Golding, CE of Pam Golding Property Group
[caption id="attachment_1747" align="alignright" width="309"] Dr Andrew Golding, CE of
More than 42,000 fire incidents were reported in South Africa in 2013, according to the Fire Protection Association of South Africa. And the residential sector made up the bulk of the cases (47%), costing more than R1tn in damages.
Formal and informal dwellings were equally matched
I just read the story on HomeTimes entitled, Sectional title corner – can levies be hiked by more than 10%? While I agree that there is no limit to the percentage increase in the act or the regulations, I would like to know if the trustees,
How are sectional title levy annual increases calculated? Can the increase be up to 16%, and what informs that decision? – Lesego
In order to plan for a specific financial year (or a longer period as determined by the trustees) the body corporate must draw
More than one in four South Africans who want to and are willing to work cannot find a job. This is according to Stats SA which this week released its quarterly labour force survey in which it highlighted that unemployment had risen to a 10-year