In South Africa, property ownership generally falls into two main categories: freehold and sectional title, with exclusive use areas forming a special component of sectional title schemes. Understanding the differences between these forms of ownership is important for anyone buying or managing property. Freehold ownership (also called “full title”) means that the owner has complete […]
Property scams - what to look out for in the sale and transfer process, and legal safeguards for buyers, sellers, and agents: Property fraud and scams are an increasing concern in South Africa. With rising property values and demand, criminals exploit loopholes and unsuspecting individuals to illegally transfer, sell, or mortgage property. Understanding common fraud […]
At Mc Naught & Co., we know that buying or selling property is one of life’s biggest decisions. That’s why we’re committed to making the legal side of the journey simple, transparent, and human. But this August, we’re adding some extra heart to the process. R500 for a Cause: Conveyancing with Purpose From now until […]
When undertaking any property and conveyancing work, you want to get it done right the first time - on time. We pride ourselves on ensuring we do it right. We specialise in property transfers, property developments, mortgage bonds and sectionalisations. The process of transferring ownership of a property from an owner/seller to the buyer starts […]
We record the end of another era as we pay tribute to Adrian Stowell, our Pietermaritzburg local attorney serving the KZN Deeds Office, who passed away yesterday. I first met Adrian, whose father founded the firm Stowell and Company, in 1982 when I commenced articles, fresh out of University when I completed my law degree. […]
Sold your property? What's next? What happens when I sell my house or buy? The process of transferring ownership of a property from an owner/seller to the buyer starts with a sale agreement which is then handed to a specialist attorney and is called "conveyancing" - conveying ownership from one person to the new buyer. […]
How to sign documents for use in a foreign country.. South Africa is a signatory to the Hague Convention which provides a process to follow to sign and validate documents in South Africa if you want to use them overseas. This also applies to sending documents such as degree certificates or copies to another country […]
There is a lot of confusion about what happens with the ownership of a property after divorce, or even when an unmarried couple split up and are left with a joint property ownership to deal with. Let Mc Naught and Co help you, either prior to divorce or a split, make proper arrangements for dealing […]
Vacant occupation - what does this mean when you buy a property? Case study, "I recently purchased property and the previous owner had tenants in the outhouse and told me upon registration tenants will be gone. The sale agreement provides for vacant occupation on registration. The property registered in my name and the tenants remained […]
