Articles Published - Property Law and Conveyancing Archives - Page 10 of 19

All About Property | June 2025

Withholding tax for non-resident sellers: What you should know Under South African law, non-resident sellers may face an unexpected withholding tax liability of up to 15% of the purchase price. However, with the right legal guidance, sellers can avoid unwanted

All About Property | The City of Cape Town tables revised budget following backlash from property owners

Following widespread backlash over tariff adjustments in March’s budget, the City of Cape Town recently tabled an amended municipal budget with additional relief measures for property owners. As we reported, the City’s hotly contested water and sanitation tariff changes and

All About Property | Neighbours and the duty of lateral support: Revisiting an STBB success story

Imagine this: Your neighbour begins construction with approved plans, and structural problems quickly emerge on your property. Your walls collapse, your garden subsides, and your land experiences significant downward sloping. Years ago, this horror scenario played out for an STBB

All About Property | In case you missed it: Transfer duty adjustments spell good news for purchasers and property market

Following widespread media coverage of the now-reversed VAT hike, you may have missed a nugget of hope in Budget 2.0: Transfer duty threshold adjustments are set to provide much-needed relief for purchasers in the low to mid-range property market. After

STBB Property Investors Club Newsletter | May 2025

SEAMLESS PROPERTY INVESTMENT WITH STBB: KEY CONSIDERATIONS FOR FOREIGN & NON-RESIDENT PURCHASERS With its scenic landscapes, favourable climate, and competitively priced real estate, South Africa is a popular choice for savvy foreign investors. At STBB, we regularly handle property transactions

Blog | Easing the burden: No transfer duty payable on inherited property

Under South African law, the acquisition of immovable property is ordinarily subject to the payment of transfer duty. Transfer duty is based on the value of the property and calculated on a sliding scale, making it a significant additional cost

All About Property | An increase too far: Cape Town property owners criticise proposed rates hike

The City of Cape Town’s proposed 2025/26 budget has ignited widespread criticism from homeowners and property associations due to a marked increase in property rates and upward adjustments to municipal service tariffs. Designed to finance key infrastructure projects and improve

Newsflash | Just in: Treasury scraps the VAT hike

In a positive turn of events, the National Treasury announced in a media statement that it intends to reverse the proposed VAT rate increase outlined in the March Budget Speech. Following extensive consultations with political parties and a careful consideration

Newsflash | The FIC pleads for compliance: Urgently submit outstanding RCRs

In a key statement released last week, the Financial Intelligence Centre (‘the FIC’) urges designated non-financial businesses and professions (‘DNFBPs’), including estate agents and legal practitioners, to urgently comply with their reporting obligations to support South Africa’s efforts in exiting

Newsflash | STBB secures High Court victory for property developer in zoning dispute

In a judgment that will no doubt be welcomed by Cape Town’s property developers and land surveyors, the Western Cape High Court last week ruled in favour of a valued client concerning a key Single Residential 1 (‘SR1’) zoning dispute.