WHO CAN BUY PROPERTY? Private Company Close Corporation Partnership Trust Natural Person WHO MAY BE MEMBERS? 1 to 50 natural and/or legal persons 1 to 10 natural persons 2 to 20 natural and/or legal persons Parties to a Trust are: 1) the founder 2) the...
MUNICIPAL SERVICES AND ACCOUNTS Termination of existing service accounts by sellers and application for new service accounts by purchasers. 1. Electricity Electricity in Johannesburg is supplied by either ESKOM or by the CITY OF JOHANNESBURG depending on your area and property use. Make reference to...
SECTION 118 OF THE LOCAL GOVERNMENT: MUNICIPAL SYSTEMS ACT 32 OF 2000 118(1) A registrar of deeds may not register the transfer of property except on production to that registrar of a prescribed certificate – (a) issued by the municipality or municipalities in which that...
PURCHASING A PROPERTY WITH AN ASBESTOS ROOF 1. For many years asbestos was considered a very useful and versatile mineral the world all over and constituted 3% of South Africa’s mineral weath. Asbestos is heat resistant, fire retardant and was even used by the ancient...
Who are the Parties to an inter vivos Trust? the founder or donor or creator and the trustees and the beneficiary/ies How is a Trust formed? Most commonly by way of lodging a Trust Deed (constituting the agreement between the creator and the trustees who...
(www.joburg.org.za/content/view/417/58/) Step 1 Check your Title Deed to ascertain whether or not your property qualifies for the relevant business rights. To determine the current zoning of your property take a copy of the Title Deed to the GIS Information Counter on the 8th Floor of...
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