In this digital age, more and more people are “getting connected” resulting in multiple platforms for audiences to share ideas and collaborate, especially in the case of raising funds. Many Entrepreneurs have great ideas for businesses and want to venture into the property world but in most cases, they lack the required capital. A possible […]
Conveyancing and Property law
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Property Rates and Prescription in a Nutshell
All property owners are obliged to pay rates and utilities in respect of their properties. Section 229 of the Constitution of the Republic of South Africa states that municipalities can charge rates on property and surcharges on fees for services provided by or on behalf of the municipality. These powers of municipalities are enshrined in […]
The days of exploiting residential property buyers are over!
Residential property buyers or those who intend to purchase property can breathe a sigh of relief, as the Property Practitioners Act 22 of 2019 (hereinafter referred to as “the Act”) was signed into law on 19 September 2019 to bring balance to the property market. The Act has now replaced the Estate Agency Affairs Act […]
#COVID19 Mediation between landlords and tenants – a critical tool now?
Some definitions of mediation include “an intervention in a dispute in order to resolve it” or “intervention in a process or relationship. ” The critical difference is that the process is not as formal as litigation or arbitration. Also, it is not an adversarial process; this means that there is no “judge” or arbitrator (in […]
Lease Agreements During #COVID Lockdown – Possible Relief for Retail Rental Sector
The unfolding COVID-19 crisis will have many long-lasting and unforeseen economic impacts on the global economy. Of the many concerns is what a general 21-day lockdown will mean for business enterprises not exempted from the national lockdown. Hardest hit will be SMME’s not yet large enough to have developed long term business continuity practices […]
