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‘Property Law’ Articles

PROPERTY INSPECTIONS – PATENT & LATENT DEFECTS

PROPERTY INSPECTIONS – PATENT & LATENT DEFECTS

PROPERTY INSPECTIONS – PATENT & LATENT DEFECTS I definitely advise that you should inspect the property you intent to buy thoroughly before signing any documents. Only in certain instances, will the buyer be protected against severe defects discovered in the property after the transfer of the property has been registered. The law will [read more]

WHAT IS A SERVITUDE, AND WHEN DOES IT APPLY?

WHAT IS A SERVITUDE, AND WHEN DOES IT APPLY?

THE DEFINITION OF A SERVITUDE: A servitude is a registered right that a person has over the immovable property of another. It allows the holder of the servitude to do something with the other person’s property, which may infringe upon the rights of the owner of that property. An example is the right of way [read more]

Transfer costs in South Africa

Transfer costs in South Africa

Transfer Costs The Government levies a tax on property transactions is called transfer duty. The tax is paid when you buy a property and it is transferred into your name. When you buy vacant land, you will pay transfer duty on the value of the land only, but if you buy an existing home the [read more]

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