It takes, on average, 12 weeks for a property to be transferred into your name. This means that, depending on when your own home was sold or your lease expired, you run the risk of being “homeless” for a couple of months.
Seemingly the most obvious
Hi, I bought a house and had to move in three days after the date agreed to in the sale documents. Now I'm being charged occupational rent for the three days. Is this fair? - Jan
Hi Jan, occupation refers to the date that the purchaser
My partner and I are in a process of buying a flat in Pretoria using our company name. The seller has given early occupancy and key handover with no rent, passing all responsibilities on the property to the buyer (our company) as from 8 December
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