Many sectional title schemes are nearing the end of their financial year (from 1 March to the last day of February) which means budgets need to be analysed very carefully for the year ahead. The increase in levies, over and above the new requirements set out in the
What a beautiful time of the year it is. We have received good soaking rain which is filling up the water table, dams and washing the rivers clean from the stale and dirty water. By just taking a walk around your garden you will notice
Once you have decided to tie the knot with a special person or to build or renovate your new forever home there will always be challenges. From personal experience there are normally two scenarios: One of the parties has inherited furniture from family members which
The average estimate of foreigner buying of South African homes was 5.2% of total home buying in 2016, with 27.95% made up of African continent buyers – a rise of more than 17% since 2010.
This is according to John Loos, FNB’s household and property sector
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