Sea Point property development fails over infighting
Valuable Sea Point land - earmarked for development to benefit the families of those forcibly removed from the area under the Group Areas Act - is to be sold as a vacant lot to settle a R14 million debt.
[Read More]Posted at 09:31AM Jun 19, 2013 by Editor in Cape Town |
Non-paying tenants a problem. says property rental manager
"Tenants who do not pay their rent on time, or do not pay at all, have become a big problem."
So says Sunell Afrika, rental manager at IHFM, "It is increasingly important for landlords to remember to vet their prospective tenants properly before agreeing to sign a lease.
[Read More]Posted at 08:34AM Jun 19, 2013 by Editor in Residential |
Tenant 'has right to sub-lease a property '
Under common law, a tenant has the right to sub-lease. The "principal" tenant becomes the landlord and the subtenant becomes the tenant of the "principal" tenant.
The tenant may be denied the common law right to sub-lease without permission by a clause in the lease that states that he or she may not sub-lease without the landlord's written consent.
[Read More]Posted at 08:27AM Jun 19, 2013 by Editor in Residential |
Public's voice slowly 'eroded' in Cape Town city planning
There has been a public backlash to the City of Cape Town's plans to change to the way planning decisions are made. Critics say there is an "erosion" of the public having a say in the city's development.
[Read More]Posted at 07:46AM Jun 19, 2013 by Editor in Cape Town |
'Unjust' penalties often paid for bond cancellations within 3 month period
Property sellers with mortgages must give their banks three months' notice of their intention to cancel their bonds on sale of their properties.
[Read More]Posted at 07:00AM Jun 19, 2013 by Editor in Home Loans |
SA's urban areas held ransom by public spend on roads
A world-class road network is nice to have, but we need to question the claim that it is enabling the economy to grow and is creating wealth (except maybe for the motor and road construction industry).
[Read More]Posted at 08:20AM Jun 18, 2013 by Editor in Cities and Towns |
Crunch time for Brass Bell as Cape Town threatens action
The owner of the Brass Bell restaurant in Kalk Bay could face heavy penalties if controversial extensions at the restaurant near the Kalk Bay children's tidal pool are found to be in contravention of environmental law.
[Read More]Posted at 08:17AM Jun 18, 2013 by Editor in Cape Town |
'Landlord's market' as demand for rental properties exceeds supply
There is a definite shortage in good quality rental properties, the rental payment monitor from Tenant Profile Network (TPN) reports for the first quarter of this year.
[Read More]Posted at 07:55AM Jun 18, 2013 by Editor in Market |
Upmarket Pretoria suburbs concerned about growth of informal settlement
Property owners in upmarket suburbs around the Woodlane Village informal settlement in Moreleta Park have once again turned to court because they do not believe the Tshwane Metro Council is adequately controlling access to the area.
[Read More]Posted at 07:44AM Jun 18, 2013 by Editor in Pretoria |
Durban beaches to wait for Blue Flag status
eThekwini could wait up to four years to regain official Blue Flag status for the four beaches punted to be the region's best.
[Read More]Posted at 07:39AM Jun 18, 2013 by Editor in Durban |
