Claiming interest on delayed transfers

Claiming interest on delayed transfers

What are your rights as a seller when it comes to claiming interest on a delayed transfer, directly caused by the buyer? In most cases, the delay in the transfer process is caused by the buyer not producing the correct documentation or finances. A buyer needs to...
Property Co-ownership

Property Co-ownership

Property Co-ownership is a great idea when you want to enter the property market or even step further up it e.g. A joint holiday home or even flipping a property and re-selling it. There are however a few questions and requirements that need to get asked and done...
Selling a property without approved plans

Selling a property without approved plans

The National Building Regulations and Building Standards Act 103 of 1977 stipulates that approved plans need to be obtained before any renovations or building works to a property may take place. If a qualified architect, draughtsman or builder is used, they will have...
Costs to be aware of during the transfer process

Costs to be aware of during the transfer process

Many of us don’t realise that conveyancing fees need to be paid once an Offer to Purchase has been signed and before the transfer process can begin. These costs are payable over and above the purchase price: Conveyancing Fees (including bond and transfer costs) –...
Deceased Estate Transfers

Deceased Estate Transfers

When the owner of a property dies, their property will need to be transferred to another person, usually a family member. This process can only begin once the High Court appoints an executor to deal with the administration of all assets of the deceased person, as well...