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Questioning developers’ levy liability in new township HOA development

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It’s my life right?

Retirement Villages are trending on the property front and potential Life Right Holders are spoilt for choice when it comes to choosing where to settle down for their retirement. The property can be registered as a housing scheme for retired

From the desk of Annetjie | Rate clearance procedure for vacant land in Overstrand

A “plot cleaning deposit” is included in the rates clearance figure issued to the transferring attorney, should the land not be clear upon inspection by the fire department. The amount of the deposit is calculated as a fixed standard fee

Property Development Community Tackles Tough Topics

On 5 September 2018, STBB hosted approximately 600 members of the Western Cape property development community at the CTICC for an evening of hard-hitting presentations and thought-provoking debate. The keynote speaker for the evening was Adv. Thuli Madonsela who addressed

Buchanan’s Brief | Issue 1 of 2017 | Challenging A Signed Contract Based On Prior Verbal Discussions

A signed contract is presumed to set the terms of an agreement in stone. But can such a contract subsequently be challenged based on prior verbal discussions, possible tacit understandings and perceived ambiguity or vagueness?

Worker’s Day

This Worker’s Day, reflect on the impression you leave with colleagues. Do you inspire? Are you encouraging? Do you share your business vision and excitement at the opportunities out there? When last did you say Thanks? Be a better You!

Installment sale agreements and loans

There are various options available to parties in a sale of immovable property regarding the structuring of payment of the purchase price. An agreement between a seller and purchaser amounting to the sale of immovable property in instalments, can bring

From the desk of Refqah | Budget 2017

From 1 March 2017, the 1st R900 000 on a property purchase price will be exempt from transfer duty payable to SARS. This equates to a saving of R4500 from last year’s duty. Trusts remain the highest taxed property-owning entities,

From the desk of Annetjie | Estate Agent a “Party” to the Sale?

Imagine Chris sells his house to Julie with the assistance of Damien, an estate agent. As is practice, all three sign the sale agreement. Chris and Julie thereafter enter into a written addendum regarding the date of occupation, without informing

From the desk of Refqah | Second Dwelling on a Property

Effective 1 July 2016, in terms of the City of Cape Town Municipal Planning By-law, 2015 (as amended), all properties which fall within the City of Cape Town Municipality and which are zoned SINGLE RESIDENTIAL 1 (SR1), have an additional