Occupational rent is the financial compensation when the purchaser of a property occupies the house he or she has bought before it is registered in his or her name. There are two schools of thought when it comes to utilities.
For instance where an offer to
If a tenant gave notice to terminate a lease early, and at the end of the termination period only vacated half the property (i.e. left all clothes and a number of other personal belongings in the apartment), surely the notice is then assumed to be
I recently purchased an apartment in a sectional title complex in Cape Town. In addition to this apartment, I also own one in Johannesburg and one in Ballito, KwaZulu-Natal. I have not been charged VAT on my levies for the Joburg or Ballito apartments, but
There is no user manual for all aspects of homeownership, from moving, to taking occupation and to maintaining and understanding common and uncommon defects. Albert van Wyk has more than 38 years’ worth of building experience and has put all he has learned into a
Tenants whose monthly rentals are between R7,000 to R12,000 remain the best payers, with those in the bottom and top price categories the worst.
This is according to TPN Rental Monitor for Q3 2016 which reports that 88.37% of tenants in the R7,000 to R12,000 rental
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
Is a residential lease agreement without an annual fixed-percentage increase legal?
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
Smaller homes have outperformed both medium- and larger-sized houses since as far back as 2001, with these homes returning growth of 368.5% on a cumulative inflation basis. This is according to John Loos, FNB’s household and property sector strategist, who said that in the same
Hi, I have two questions:
In order to collect the CSOS contributions do we have to open a separate account to deposit the funds into?
What recourse does the body corporate have in recovering levies that are in arrears?
Many thanks. - Irene
Hi Irene, we are
Making the decision to take out life insurance on your spouse is an important financial decision that requires careful consideration. It is essential that you consult with your partner to avoid making costly mistakes.
Lee Bromfield, CEO of FNB Life says insuring the life of your