You decide to open a home business, or perhaps you are about to buy a house in order to run a business from it. You apply for rezoning but the council is taking forever to decide (although it has happily
Airbnb owners and buyers – Should you be worried about the new regulations?
“While travel on our platform accounts for less than 1 in 8 visitors to South Africa, those guests boosted the economy by R8.7 billion and helped create 22,000 jobs last year alone” and “Regulation is a useful and necessary tool
The story of the orphaned only child, his greedy uncle and his brave aunt
After Siphe’s father died, he was taken in by his paternal aunt Bulelwa, living in her crowded shack in Delft. Xolani, Siphe’s paternal younger uncle muscled into Siphe’s late father’s house, and claimed it for himself on the basis of
You signed a Property Sale Agreement, can you still accept a better offer?
You put your property on the market and an acceptable but not-perfect offer comes in. On the “a bird in the hand is worth two in the bush” principle you want to accept the offer even though it’s not ideal.
Buying your first home with a government subsidy
Note: If you earn over R22k p.m. (the subsidy threshold) or aren’t personally in the market for a house in the “affordable housing” bracket, please think of forwarding this article to someone who might be – perhaps a relative, friend,
Property developers beware: Deemed accruals can seriously disrupt your cash flow
“Never take your eyes off the cash flow because it’s the lifeblood of business” (Richard Branson) A recent Supreme Court of Appeal (SCA) judgment has confirmed that when a property developer enters into an agreement with a buyer to transfer
Beware the building deadlines when buying-to-build
Here’s yet another warning from our courts to take seriously the building deadlines commonly imposed on buyers of plots in residential estates. Failure to comply with them could expose you to heavy fines, recurring penalties and even the risk of
Your website of the month: “Ready, steady, loadshed!”
Media reports suggest that loadshedding is likely to be with us for some time yet, and whether you happen to be at work or at home when one of the dreaded blackouts strikes, there’s nothing worse than being caught off
Lending to a friend or selling property on credit – Must you register as a credit provider?
“Neither a borrower nor a lender be for loan oft loses both itself and friend” (Shakespeare) It seems logical that the very strong consumer protections in the NCA (National Credit Act) are designed for commercial situations in which credit is
Joint ownership: How do I terminate without the co-operation of the other joint owner?
Nature of joint ownership: Joint owners own undivided shares in the property which they own jointly. Consequently, the joint owners cannot divide the joint property while the joint ownership remains in existence, and a joint owner also cannot alienate the