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IOLProperty - South African Property For Sale
Wednesday Sep 17, 2014

Common property alterations in sectional title schemes

When owners apply for permission to make changes to certain areas of the common property in a sectional title scheme, there are certain things the trustees should check first before approving the change.

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Tuesday Sep 09, 2014

When is a property deposit refundable?

Under South African common law the general rule that applies when an agreement fails is that the parties must restore the status to the position they were in before the agreement was signed, unless both parties have agreed that there is an exception to this rule.

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Wednesday Sep 03, 2014

Scams still target holiday rental properties

If you're about to go online to look for festive season holiday accommodation, beware - cyberspace is teeming with adverts posted by fraudsters who have simply 'lifted' photos and write-ups of guest houses and B&Bs from legitimate sites and posted them on free advertising websites as bait for the unwary.

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Monday Aug 25, 2014

Managing Agent investigated for taking body corporate money

The Estate Agency Affairs Board (EAAB) this week confirmed that it is investigating Deston Property Management for misappropriating R400 000 from a body corporate that it managed and for allegedly misappropriating funds belonging to another body corporate.

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Burgeoning Ballito 'losing tourist appeal'

Ballito's rapid growth has some residents worried that traffic, water and electricity problems will escalate as more shopping centres spring up around the small town.

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Wednesday Aug 20, 2014

Collapsed mansion riddle

The builders blamed it on the earthquake, but the authorities are pointing to illegal building.

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'Make your lease dispute proof'

Some landlords and letting agents prefer using a standard printed lease agreement, a pro-forma lease, available from certain stationery stores.

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Tuesday Aug 19, 2014

Residential estate denied permit to keep giraffes

The Meyersdal Eco Estate made headlines and caused a Twitter storm last month after one of its two giraffes hit its head on an overhead bridge while being transported on a truck, leaving motorists on the N1 horrified.

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Monday Aug 18, 2014

New property rental law to come into force

Some amendments to the Rental Housing Act will mean every property lease has to be in writing and correctly drafted says Andrew Schaefer of property management company Trafalgar.

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'Consider well before fixing property loan rates'

Last month the SA Reserve Bank announced that the interest rate would go up by 25 basis points, after a 50-point increase earlier this year.

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