So you have decided to purchase property in South Africa; well done! That's an excellent decision. Did you know that when you purchase immovable property in South Africa, you are actually buying the land and everything built on the land? Except…
The Covid-19 Pandemic has highlighted the need for more online services from the conveyancing industry. We have found that we are still able to service our clients and deliver quality support during this lockdown period utilising online platforms. This has…
2019 saw a dip in the property market, with concerns such as ongoing load shedding, slow economic growth and foreign investments taking a toll. However, as we enter the new year, industry professionals remain positive about the local property market's…
A seller is contacted by a purchaser who, upon seeing the seller's property advertised on Property 24 through an agency, wants to make a private offer, excluding the agency from the deal. The purchaser maintains they had found the property…
Powers of Attorney are often used in property transactions where one of the parties for example, lives overseas or is out of the country for a short period of time. Using a Power of Attorney can expedite transfer, but bear…
In terms of our common law, an estate agent’s mandate is only complete once registration of transfer has taken place, pursuant to a conclusive sale agreement having been concluded. Most agreements used by estate agencies have changed the common law…
Buying a property on an instalment sale agreement basis can prove to be a win-win for buyers and sellers. Sellers often battle to achieve their price, and buyers such as the self-employed, are often left frustrated when applying for a…
Estate agents can, and should, only sell and market properties where they have secured a mandate, and which mandate should be confirmed in writing. Without a mandate in place, an agent has no claim for commission – even if the…
Agents spend much time marketing and advertising property, which eventuates in the signing of a sale agreement – only to find that on closer scrutiny, the agreement was not worth the paper it was written on, and many thousands of…