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Wednesday Jun 19, 2013

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.

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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.

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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.

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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.

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'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.

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Tuesday Jun 18, 2013

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).

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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.

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'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.

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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.

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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.

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