IOLProperty - South African Property For Sale
Friday Mar 06, 2015

Are trustees allowed to cut electricity supply?

In many sectional title schemes there is an ongoing problem of short payment or non-payment of levies, and it sometimes happens that the trustees decide to take matters into their own hands by disconnecting the electricity supply to the unit inhabited by the non-payer.

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It is illegal to claim a spotter's fee

According to Section 34A of the Estate Agency Affairs Act, any person who does not hold a Fidelity Fund Certificate may not earn commission on the sale of a property.

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Consider life insurance to cover your bond as well

When you buy a new property, the bank will usually insist that you obtain a home owners' insurance (HOC) policy to provide for the replacement of a property that has been damaged or destroyed by fire, flood, high wind, earthquake or other disaster.

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Thursday Mar 05, 2015

New pedestrian and cycling bridge to link Sandton and Alexandra

The first sod was turned in Wynberg yesterday for the construction of a R130 million pedestrian and cycling bridge over the M1 North at the Grayston interchange.

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Court halts KZN wetland holiday home development

A 512-UNIT "high-density" holiday home development being built on a site overlooking Lake Mgobozeneli in the Isimangaliso Wetland Park at Sodwana Bay has been brought to a halt through court action, which could potentially set an important precedent for the protection of 'buffer zones" in environmentally sensitive areas.

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Durban's Royal Hotel gets a new owner

Ownership of a Durban landmark, the Royal Hotel, in Anton Lembede (Smith) Street, returned home yesterday when Durban property mogul Saantha Naidu bought it for R78 million from Swaziland businessman Moses Motsa.

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Construction board reigns in building contractors

The Construction Industry Development Board (CIDB) has charged 15 contractors, including seven listed construction groups, for contravening its code of conduct.

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Farm size limit a 'negotiating tactic'

A proposal by the government to limit farm size to 12 000 hectares is a "negotiating tactic" as it tries to press ahead with the redistribution of land to black farmers, the Minister of Agriculture said.

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Wednesday Mar 04, 2015

Durban 'green' home goes off the grid

An eight-year journey, sparked by electricity and water shortages in 2007, has finally reached fruition for Jane Troughton and Greg Courtney.

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Durban takes man to court for building plan deviations

Amanzimtoti businessman Deepak Bhardwaj could have part of his property demolished after the eThekwini Municipality took him to court for building without plans being approved.

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