Conveyancers are required to collect a bundle of transfer and bond costs; some of which are on behalf of other parties…
What First-Time Home Buyers Should Know About Conveyancing Fees Read More »
The Court declared that an expired offer to purchase could be accepted. With regards to a Sedgefield sale, the seller signed to accept the offer to purchase, 4 days after it had already expired. The seller then refused to give transfer. The buyer sued the seller, claiming that there was a valid purchase, despite the
Can A “Late” Offer To Purchase Be Accepted: After It Had Already Expired Read More »
The National Building Regulations and Building Standards Act (no 103 of 1977) stipulate that no person may erect, alter, add to, or convert any building without the prior approval of the Local Authority. There have been two court decisions on a sale where there were no approved building plans and in both cases, the seller
If you are aware of any defects you will have to disclose them, even for voetstoots sales.
How Voetstoots Is Modified By “Mandatory Disclosure” Read More »
Sections 6 and 7 of the Exchange Control Regulations provide that the purchase price must be paid to and received in South Africa. The proceeds of the sale have to be received in the Republic within 30 days after becoming so entitled.
Can the Purchase Price of a South African property be paid offshore? Read More »
“If a new client contacts me, do I need to get his consent?” Yes. You are allowed to collect information about the client from the Internet; but will have to obtain his consent in due course. The general rule is that information must be collected directly from the client – Section 12 (1); but there
“Collecting POPIA information from Google and LinkedIn” is allowed. Read More »
A concise 35 minute discussion by Denoon Sampson, on how POPIA affects the man in the street.
POPI – Action Steps for Estate Agents Read More »
Did you know that practically all powers of attorney, received by conveyancers, will not be accepted by the Deeds Office?
The law still requires all offers to purchase/sale agreements to be physically signed in “wet ink”; meaning manually signed in liquid ink from a pen.
Update your standard Offer to Purchase Agreement to avoid disputes Read More »
A recent Eastern Cape High Court Decision (Borcherds v Duxbury) has focused the law on the ever-increasing use of electronic agreements and e-signatures.
Unfortunately, the judgement, instead of giving clarity and guidance, introduces doubt and uncertainty into this fast-growing category of technology.
Electronic Signatures for the Sale of Immovable Property: Are they really legal? Read More »
