Insolvency – Turbulent Waters

Insolvency – Turbulent Waters

It is a sad reality of the COVID-19 pandemic that many companies and individuals have been severely affected by the ongoing lockdown restrictions and economic headwinds. This has resulted in a sharp upturn in the number of companies facing either business rescue or...

To Buy or Not to Buy During Covid-19?

To Buy or Not to Buy During Covid-19?

Property sales took off like a rocket last year as interest rates were reduced and travel plans scuppered as a result of the Covid-19 pandemic. You might be thinking about buying property during Covid-19 yourself. It is yet to be seen how long this trend will...

Beware Early Occupation

Beware Early Occupation

The risks of allowing your purchaser early occupation of your property before it has been transferred into their name can be far-reaching and severe. The following are just some of the things that can go wrong:   One of the parties can die; The purchaser may find...

How to Ensure a Smooth Disciplinary Hearing

How to Ensure a Smooth Disciplinary Hearing

How to Ensure a Smooth Disciplinary Hearing   We have already canvassed in previous blogs the importance of a disciplinary hearing (“Hearing”) being held before any employee is dismissed, to ensure procedural and substantive fairness.   Planning for possible...

Choose The Conveyancer For Your Transfer

Choose The Conveyancer For Your Transfer

Sellers take note: You should choose the Conveyancer for your Transfer.   Why is it that the seller gets to choose which conveyancer attends to the transfer of immovable property, but the buyer has to pay that conveyancer? We have a strange system in South Africa...

Buy and Sell Agreements

Buy and Sell Agreements

Buy and Sell Agreements What happens to an owner’s shares in a business if that owner dies, becomes disabled or terminally ill? The other owners can protect themselves with a buy and sell agreement. It sometimes happens that one of the owners in a business dies or...

A Valid Fidelity Fund Certificate

A Valid Fidelity Fund Certificate

Property Practitioners Need to Have a Valid Fidelity Fund Certificate   Administrative problems at the Estate Agency Affairs Board (“EAAB”) have made life difficult for some estate agents, particularly with regard to the claiming of commission on sales of...

Transfers: Rates Department Operations During Lockdown

Transfers: Rates Department Operations During Lockdown

Rates Department Operations During Lockdown   The Municipal Rates Department operations during lockdown have changed. From 13 May 2020, municipalities are allowed to perform various legislated functions including operations relating to municipal services and...

Utilising the common property during lockdown

Utilising the common property during lockdown

Is utilising the common property prohibited during lockdown?   We have received queries from various clients as to whether owners are restricted in terms of the lockdown to their units, or whether they are entitled to continue utilising the common property. In...

Transfer Duty Changes

Transfer Duty Changes

Transfer Duty Changes: How does this affect your purchase?   The recent budget speech has changed the method of calculating transfer duty on the sale of immovable property. Any sale concluded after 1 March 2020 will have transfer duty payable in accordance with...