Hi, I am busy with a two-year lease where the tenant doesn't want an escalation written in. He says would prefer it be written in that it will be negotiated after the first year.
Can one do that in a two-year lease? It seems risky: If a
Property investors take note: 3,500 employees at auditing giant, PwC, will be decorating their new offices and personalising their cubicles early next year.
The 26-storey tower which overlooks the Waterfall precinct will become the new HQ for PwC, which effectively means it will be the hub
Hi, I refer to the amendment to the Sectional Title Schemes Management Act as follows (as sent to us by our managing agent):
“Body corporate is to establish and maintain a separate MINIMUM RESERVE FUND. An amount of 10% of the monthly levy contributions must be allocated
I have been renting a home in Pretoria and, despite renewing the lease last October, have had a few too many run-ins with my landlord. He treats me with disrespect; has physically threatened my wife over the phone and pitches up to take photos of
Hi, our financial year runs from January to December. The new act was published in October 2016, so what year should the first maintenance plan cover? 2016 or 2017? - Doug
Hi Doug, even though the act does not specify this, what makes practical sense is
Hi, what are the legal requirements (trustee meeting notice, quorum, etc.) for the passing of a round robin resolution by the trustees of a body corporate? - Gee
Hi Gee, a round robin trustee resolution is when they make a decision on paper – not at
Hi, I am an owner of a shareblock scheme of flats in Durban which has recently converted to sectional title (although the first transfer will only go through in a couple of months).
Our AGM is coming up soon and I need clarity on whether a
If all goes according to plan, my retirement is roughly 13 years, 7 Months and 28 days away (but whose counting?) There is still a fair amount of time to go, and a lot can change - so although not top of my mind, I have
Home loan declined! These three words are dream killers for any and every home buyer. They are the words that keep you up at night as you wait for feedback for finance from your bank on the home that has stolen your heart.
The first question
Homeowners who have held onto their homes for the past 17 years will be happy to learn that, on average, their homes have appreciated by 319.9% in nominal terms (not adjusting for inflation).
When inflation is considered, growth is a pretty 63.5% above the end-2000 level.