Practical Advice to Contracting Parties

SELLER   PURCHASER 1. Maintain all payments iro bond, (over payments will be refunded), home owner’s insurance, rates and taxes, (duplication in payments will be refunded by the council) / levies up until transfer, (duplication in payment will be refunded by the body corporate)  ...

Property Practitioners Act

The estate agency profession has been regulated by the Estate Agency Act since 1976. After the Property Practitioners Bill had been passed by Parliament, the National Assembly and the National Council of Provinces it was signed into law on 2 October 2019. Upon promulgation by...

Protection of Personal Information (POPI) Act

WHY DO WE HAVE A POPI ACT? 1. The POPI Act gives effect to our Constitutional right to privacy 2. Peoples personal information has great economic value in the hands of marketers of various services and skills 3. The POPI Act ensures that all citizens...

Registration for VAT

SARS has implemented new rules and procedures concerning the VAT applications. They no longer capture the VAT applications at the branch. We need to now do the application on efiling and on completion SARS issues a form that I will then need to take to...

Registration Requirements when Lending Money

Government Gazette No. 39663 of 4 February 2016 Notice 158 of 2016 Since its coming into operation, the National Credit Act has obliged anyone lending money in an arm’s length transaction to another (except in respect of ‘incidental agreements’) to register with the National Credit...

Re-instatement of Deregistered Companies and Close Corporations

If the company or close corporation was deregistered, can the company or close corporation still be re-instated? Yes but only if proofed that the entity was holding property or was active at the time of deregistration. Once a company or close corporation has been “final...