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Tuesday Oct 13, 2015

Cancelling an offer to purchase can have serious consequences

Sometimes property deals are hampered by buyers or sellers refusing to perform their contractual obligations.

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Durban apartment owners struggle with levy payments

Durban is sitting on a housing time bomb that could see thousands of poor people who were given council flats at massive discounts lose their homes because they cannot keep up with the escalating levy payments.

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Monday Oct 12, 2015

Sectional title shake-up a step closer

Sectional title owners and trustees will have to raise their game significantly if draft regulations released last week under the Community Schemes Ombud Service Act (CSOSA) and the Sectional Titles Schemes Management Act (STSMA) take effect in their current form.

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Joburg apologises for payment bungle

The City of Joburg has been changing due dates for municipal account payments without residents' consent in a "high-handed" manner for several months.

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Proposed cap on penalty interest 'bad news'

A draft management rule that will cap the interest that bodies corporate can charge owners who default on their levies has been sharply criticised by sectional title specialists.

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'Clean Durban beaches or we go'

Litter louts are trashing Durban's award-winning tourism reputation and are causing a stink with hospitality experts and residents alike.

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Cape Town CBD roadworks upset businesses

Traffic jams, dust, noise pollution and other inconveniences caused by by major roadworks in the city centre will continue for the next two years, says the City of Cape Town.

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Property development "surprises" Durban Country Club

The Durban Country Club says it was "surprised" to find that a proposal to develop part of the Beachwood Golf Course, which it owns, had been made public by the eThekwini Municipality.

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'Don't dirty our Durban'

With just two months to go to the festive season, many beachgoers are concerned that if the disregard of by-laws continues on the Durban beachfront, it may paint a negative picture for holidaymakers.

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Friday Oct 09, 2015

New visa requirements hit Cape Town property sales

Sales to foreign buyers across Cape Town's Atlantic Seaboard and City Bowl are down by more than 30 percent year-on-year despite the more attractive pricing facilitated by the slump in the value of the rand against the Pound Sterling, Euro and Dollar.

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