What is an Instalment Sale Agreement?

1. Is a sale of land agreement where the purchaser pays the purchase price to the seller in more than two instalments over a period exceeding one year ii    a)  Governed by Chapter II of the Alienation of Land Act (68 of 1981)      b)  as...

Liabilities Rates and Taxes

SECTION 118(1) and 118(3) OF THE LOCAL GOVERNMENT: MUNICIPAL SYSTEMS ACT 32 OF 2000 Over the last number of years there have been three primary contentious issues raised in our courts regarding the liability for rates, taxes and service charges on immovable property and the...

Limitations on Property Ownership

Unlike in a socialist society where public ownership of property prevails, in a free market society the law of property as it relates to individual ownership is usually highly developed. Although property ownership in general covers tangible things, such as land, houses, cars ownership can...

Managing your City of Joburg Accounts – Sellers

RE: CLOSING OF MUNICIPAL SERVICES and ACCOUNTS OF SELLERS Herewith a brief synopsis of the process to be adopted by Sellers in order to close their COJ accounts and request refunds of overpayments towards rates clearance. Regardless of whether the property is a sectional title...

Managing your City of Joburg Accounts – Purchasers

RE: PURCHASERS OPENING MUNICIPAL ACCOUNTS AND SERVICES Herewith a brief synopsis of the process to be adopted by Purchasers when applying for an account with the City of Johannesburg (COJ). Regardless of whether the property is a sectional title unit or full title ownership, you...

Mandatory Disclosure Forms in terms of Section 67 of the Property Practitioner Act

Section 67 of the Property Practitioners Act (PPA) makes it mandatory for a Property Practitioner (PP) to not accept a mandate unless the seller or lessor of the property provides the PP with a fully completed and signed Mandatory Disclosure as set out in regulation...