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Many people own property in sectional title schemes for investment purposes, and they let out their units to tenants for rental income. With accommodation reservation websites such as Booking.com and Airbnb.com, it has never been easier to find short-term tenants. In schemes that are located in holiday destination

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Q Is a residential lease agreement without an annual fixed-percentage increase legal? A There is nothing unlawful about having a lease that is subject to a variable annual escalation in rental. In fact, this has become somewhat of a common practice of late. The overriding principle, however, is that

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Over the past few weeks devastating fires have swept across areas in and around Cape Town, creating severe damage to properties, and huge financial losses for the property owners. Dawie Loots, CEO of MUA Insurance Acceptances, says that consumers who live in areas that are known

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Double digit property price inflation in Cape Town means that prices in the city are much higher than elsewhere in the country.  Although many dream of moving to Cape Town this has meant that affordable options are often the prime consideration. The stand-out performance of the

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The Western Cape’s Q4 2016 year-on-year average house price growth was 8%, according to FNB House Price Indices. The country’s star performer has slowed for three consecutive quarters from a 10-year high of 10.6% reached in Q1 2016. “It is likely that, after a recent period

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Q We sold a property and the purchaser has submitted a complaint about certain defects in the electricity and plumbing. There was a Certificate of Compliance (COC) issued but it appears that some of the electrical issues do not fall under what is required for a COC document. The

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